This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Whiting Petroleum Corporation Drilling Operations: One Well Drilling, One Well Being Completed And One Well Producing In The Sanish Field Of Mountrail County, North Dakota. (Photo: Business Wire)

EOR Projects

North Ward Estes Field. Net production from our North Ward Estes field averaged 8,630 BOE per day in the second quarter of 2012. This average rate was up 6% from the 8,125 BOE average daily rate in the second quarter of 2011. One of the largest phases at North Ward Estes (Phase 3B) is pressuring up with CO 2, and we anticipate a production response by the first quarter of 2013. Whiting is currently injecting approximately 330 MMcf of CO 2 per day into the field, of which about 60% is recycled gas.

Other Development Areas

Delaware Basin: Big Tex Prospect. Whiting’s lease position at Big Tex consists of 117,521 gross (87,017 net) acres, located primarily in Pecos County, Texas. Highlighting recent drilling results was the completion of the May 2501. This vertical well was completed flowing 323 BOE per day from the Upper Wolfcamp formation on May 24, 2012. Whiting owns a 100% working interest and an 80% net revenue interest in the new producer, which was drilled on the west side of the prospect approximately one mile southwest of the Company’s Stewart 101 well. The Stewart well flowed 232 BOE per day from the Wolfcamp at a vertical depth of approximately 12,000 feet on February 20, 2012.

On the north side of the prospect, we have fracture stimulated the Legear 1102H, a horizontal Wolfcamp test. The well is currently flowing back oil and load water up casing as it cleans up. The Legear well is overpressured. Once pressures decrease, we plan to put the well on pump and obtain an initial production rate. Whiting holds a 100% working interest and a 75% net revenue interest in the Legear well.

4 of 9

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,070.38 -102.30 -0.60%
S&P 500 1,984.83 -9.46 -0.47%
NASDAQ 4,513.3050 -14.3840 -0.32%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs