Exploration & Production
Kodiak Oil & Gas Ramps up Activity in The Bakken; Now Running Seven Rigs
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Kodiak Oil & Gas Corp provides an interim corporate update on recent drilling and completion activities.
Interim Drilling and Completion Operations Update
Operated Wells
In the Koala project area in northern McKenzie County, N.D., Kodiak recently completed three high-working-interest wells in the Middle Bakken Formation, the Koala 15-31-30-3H well [97% working interest (WI) / 78% net revenue interest (NRI)], the Koala 15-31-30-2H well (97% WI/78% NRI), and the Koala 2-25-36-15H well (94% WI/75% NRI). The wells had 24-hour initial production rates of 3,117, 2,971 and 2,709 barrels of oil equivalent respectively, as noted in more detail in the table below. Importantly, the Koala 2-25-36-15H well was a successful remediation of a previously announced completion failure experienced during…
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