Northern Oil and Gas, Inc. reported its participation in the Tarpon Federal 21-4H Bakken well in McKenzie County, North Dakota.
The Tarpon Federal 21-4H is a Whiting Petroleum operated well and had a 24-hour initial production (IP) rate of 7,009 barrels of oil equivalent (BOE), setting a new Williston Basin record for a Bakken well.
The Tarpon Federal produced 4,815 barrels of oil and 13,163 Mcf of natural gas on October 17, 2011 after being fracture stimulated with 30 stages. It is expected that the completed well cost will approximate$6.35 million.
Northern Oil has approximately 17.4% working interest and a 14% net revenue interest in the Tarpon Federal.
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Northern Oil and Gas
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