record bakken ips

http://www.ogfj.com/index/article-display/9888546687/articles/oil-gas-financial-journal/unconventional/bakken-shale/brigham-exploration0.html?cmpid=EnlOGFJApril262011.html


Brigham Exploration scores record North Dakota and Montana Bakken shale completions


Published: Apr 13, 2011

Austin, Tex.-based Brigham Exploration Co. (NASDAQ: BEXP) said April 13 that its Sorenson 29-32 #2H Bakken well produced a North Dakota Bakken record 5,330 barrels of oil equivalent during its early 24-hour peak flow-back period. In addition, the company?s Johnson 30-19 #1H Bakken well, located in Richland County, Montana, produced a Montana Bakken record early 24-hour peak flow back rate of about 2,962 barrels of oil equivalent.


Brigham also announced the completion of four additional North Dakota Bakken wells and, as a result, has completed 56 consecutive long lateral high frac stage wells in North Dakota at an average early 24-hour peak flow-back rate of about 2,884 barrels of oil equivalent.


Brigham?s Sorenson 29-32 #2H produced a North Dakota Bakken record 5,330 barrels of oil equivalent (4,661 barrels of oil and 4.01 MMcf of natural gas) during its early 24-hour peak flow back period. The Sorenson 29-32 #2H, which is located in Brigham?s Ross project area in Mountrail County, North Dakota, supplants Brigham?s Sorenson 29-32 #1H as the record initial rate Bakken well.


To date, based on publically available information, Brigham has the four highest initial rate Bakken wells and seven of the top 10 initial rate Bakken wells in the Williston Basin. The Sorenson 29-32 #2H represents Brigham's first infill well completion in its Ross project area and was drilled, on average, approximately 1,720 feet from the Sorenson 29-32 #1H well, which was completed in April 2010. The Sorenson 29-32 #2H was completed with 38 frac stages.


The Sorenson 29-32 #2H and the Cvancara 20-17 #1H, which produced about 4,402 barrels of oil equivalent during its early 24-hour peak flow back period, were the first wells drilled and completed using Brigham?s smart pad design. The smart pad design allows wells to be drilled from the same pad and simultaneously fracture stimulated. Brigham estimates that around 10% to 20% in cost savings can be achieved with implementation of smart pad drilling and completion techniques.