- In Mountrail County, North Dakota, EOG has reported successful drilling from the Bakken Formation.
- The Wenco #1-30H, in which EOG has a 52% working interest, was completed to sales at the end of September at an initial production rate of 1,930 barrels of oil per day (Bopd), gross.
- Also in Mountrail County, the Austin #1-02H was completed to sales in October at an initial production rate of 2,000 Bopd. EOG has a 100% working interest in the well, which is located nine miles north of existing production. This is the northernmost location that EOG has drilled to date.
Those are quite respectable well rates. But the well rates must fall off a good bit if they only expect to ultimately recover 700,000 barrels from one well.
Production on those wells typically falls off about 50% or so in the first year or sooner. Smokin’ Joe is the resident expert on this as he works those fields.