Operational Updates
MDU Resources Reaches New Bakken Field Production Record
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MDU Resources, announced that the company reached a new Bakken production record of over 3,500 net barrels of oil per day from its operated wells. Including its non-operated production, the peak rate is now over 5,000 net barrels of oil per day.
The company said that the results of these recent wells are very encouraging as their average 30-day rate represents a 44 percent improvement over all previous wells drilled by Fidelity. Additionally, the drilling operations continue to improve with the most recent long-lateral horizontal well, the Lance 21-22-27, being drilled in a record 28 days from spud to rig release.
In Stark County, Fidelity is drilling its first two long-lateral Three Forks wells and has seen very encouraging shows on both wells. These wells are on its core central…
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