Drilling completed & completions results should be close....Just anxiously awaiting results from the 4 well PSH OPERATED drill program. If PSH can excute EVEN to 70% success they are going to add very impressive daily production.
Enerplus just announced 4 th quarter results and they are impressive.....ERF will spend approximately 75 per cent of its 2018 capital budget in North Dakota.
<In the fourth quarter, Enerplus brought on stream seven gross operated wells (74-per-cent average working interest) across its acreage at Fort Berthold with an average completed lateral length of 7,540 feet per well and average peak 30-day production rates per well of 1,443 boe per day (76 per cent oil, on a three-stream basis). This average rate includes production from two wells that were producing at restricted rates.
Enerplus continued to see strong outperformance from the four wells on its Snakes pad that were brought on stream toward the end of the third quarter. On average, the Snakes wells have produced approximately 160,000 barrels of oil per well in 120 days on production, including the Smooth Green well which has produced over 240,000 barrels of oil in 120 days.>
THE ENERPLUS SMOOTH GREEN WELL is less than half a mile west and runs parallel to the PSH 3-H well.
ENERPLUS is one of PSH's Non operated well partners.