Bakken in Full Development; Niobrara Hot for E&P, Whiting Exec Says

'Whiting_Petroleum_Corporation_LogoRichard Nemec – July 17, 2014 – NGIs Shale Daily

Excerpt from Article:

Even with its increased concentration in North Dakota, Whiting has what Williams called “an awful lot” of oil plays in the Niobrara. “We have outstanding oil saturation, great thickness and a lot of porosity in the [middle] B zone.

“Just for the A and B zones there are 60 million boe for every spacing unit, which is about twice what the Bakken is on average,” Williams said. “This is a tremendous opportunity.” He said Whiting has two 16-well pilots and two 32-well pilots in which the company intends to apply detailed geoscience techniques, including microseismic approaches.

Eventually, Whiting plans to drill 3,310 gross wells in the Niobrara, and about 1,654 net wells there. Its rig count is currently at three with plans to go to as many as six rigs by a year from now, Williams said.

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