Oasis Petroleum believes the company can drill four Middle Bakken and four Three Forks wells on each 1,280-acre unit, but the future might be more dense drilling than they currently suggest.
Oasis is testing up to seven wells per formation in the Bakken and the first bench of the Three Forks (TFS 1).
The company also notes that other operators are testing as many as eight wells per formation in the Middle Bakken and Three Forks 1st, 2nd, and 3rd benches.
Watch for results over the next few months to determine how many wells can be drilled in the Bakken and the Three Forks’ first bench. It will probably be late next year before we know how many wells can be drilled targeting the lower Three Forks intervals.
Oasis and Continetnal Resources have the most downspacing pilots being tested, but we’ll see results from Kodiak and Whiting as well.