EOG Resources (EOG) reported earnings for the first quarter of 2010, and held an earnings conference call to discuss the results. The company made comments on its activities in the Bakken in North Dakota.
“We completed the Lee Senial [ph] #22-6 and Austin #23-32 wells with IP rates of 1,060 and 955 barrels of oil per day respectively. We also completed the Van Hook 11-02H well for 1,565 barrels of oil per day. In the Lite, we completed the Sidonia #18-14 and the Ross #21-4 for 719 and 604 barrels of oil per day respectively. I'll note that these reference wells are all 648-acre laterals."
"We're currently drilling our first 1,280 acre lateral wells to test optimization. Now that the North Dakota weather has improved, we'll be intensifying our well completion and frac operations for the next five months.”
Source: Seeking Alpha