Exploration & Production | Capital Markets | Private Equity Activity
Brigham Discovers The Bakken Three Forks
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Brigham Exploration Company announced that its first Three Forks well in the Williston Basin was a discovery, producing at a recent rate of approximately 892 barrels of oil equivalent per day. Brigham controls approximately 27,780 net acres in the Ross Area, where Brigham has completed four consecutive horizontal Bakken wells, and plans an active development drilling program for the Bakken and Three Forks.
Ross Area Three Forks Discovery -- In Mountrail County, North Dakota, Brigham has successfully completed its first Three Forks test, the Adix 25 #1H. The Adix 25 #1H is currently flowing approximately 765 barrels of oil and 760 Mcf of natural gas per day up 7 inch casing. Brigham plans to install production tubing in the well in the next several days. Brigham owns a 32% working and 26%…
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