QEP Resources (QEP) issued an operations update on its properties that are prospective for the Bakken Shale in North Dakota. The company recently completed two wells into the Bakken formation. The MHA 1-19H-150-90 and Rupple 1-04H-150-90 wells had a peak daily production rate of 1,124 and 590 barrels of oil equivalent (BOE), respectively.
QEP Resources reported net production from the company’s Bakken properties of 3,100 BOE per day as of 9/30/2010. The company is operating one rig and plans to add another rig to the Bakken before the end of 2010.