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Abraxas IPs Bakken/Three Forks Wells; Six More Await Completion
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Abraxas Petroleum Corporation provided the following operational, A&D and reserve update.
Williston BasinAt Abraxas’ North Fork prospect, in McKenzie County, North Dakota, the Sten-Rav 1H and Ravin 8H producing from the Three Forks, averaged 900 boepd (678 barrels of oil per day, 1332 mcf of natural gas per day) (1) over the wells’ peak 30 days of production. The Stenehjem 5H producing from the Middle Bakken, averaged 809 boepd (604 barrels of oil per day, 1232 mcf of natural gas per day) (1) over the well’s peak 30 days of production. Each well was constrained on a smaller than normal choke to minimize flaring. Abraxas owns a working interest of approximately 76% in the Ravin Northwest wells.
On the Stenehjem Super Pad, Abraxas successfully drilled and cased the Stenehjem 10H-15H. These…
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