EOG Resources (EOG) drilled its first horizontal well in the Elm Coulee field in Montana, and expanded its development slowly over the next few years. The company has drilled 242 gross horizontal wells in the Bakken Shale through April 2010.
These 242 wells are distributed among 3 areas that EOG Resources is developing:
Bakken Lite – 68 wells
Bakken Core – 163 wells
Three Forks – 11 wells
EOG Resources has production of 28,800 barrels of oil per day from the Bakken and Three Forks formation as of April 2010.
EOG Resources is running 11 rigs in the Bakken Shale as of April 2010, and added a 12th rig during the second quarter of 2010. The company plans to drill 78 net wells in 2010 on its acreage.