Brigham Exploration Company (BEXP) held a conference call to discuss the company’s second quarter of 2010 earnings. The company made several comments on its activities in the Bakken Shale.
“We’re very excited about our upcoming completions in the Ross area. We'll have 38 stages on these wells, a BEXP record. The first of these is the Wright 4-33 #1H, which is currently fracing. In early September, we plan to fracs 38 stages into Clifford Bakke, and in early October, the Domaskin, which directly offsets our two 5,000 barrels of oil equivalent per day IP wells. Those wells should contribute materially to a strong production exit rate this year.”
“When you look just on the overall thicknesses, Middle Bakken, we're about five feet thinner in the overall Middle Bakken interval when you go to Eastern Montana versus our Rough Rider area. Porosity is pretty comfortable. We'll probably lose about 1% porosity. You're going from an average of 8% porosity in Rough Rider to about 6.5% to 7% in Eastern Montana.”
“Rough Rider going east towards Eastern Montana, again as a reminder, middle Bakken goes from about 35 feet to about 30 feet thick. And we do see thinning of the upper shale. The upper shale goes from about 15 feet thick to 12 feet thick. However, it's still highly resistive and hydrocarbon generating.”