By OGJ editors
– Consulting engineers assessed BNK Petroleum Inc.’s proved reserves in the Woodford shale in Tishomingo field in the Oklahoma Ardmore basin at 3.7 million bbl of oil, 57.5 bcf of gas, and 11.5 million bbl of natural gas liquids.

Proved and probable reserves are 5.9 million bbl of oil, 87.3 bcf of gas, and 17.5 million bbl of NGL. The company holds interests in 39 wells in southwestern Johnston and eastern Carter counties, of which BNK operated 24, as of late 2009.

The wells are on 640-acre spacing, and the state has approved downspacing to 80 acres. BNK said fracs remain to be conducted on 60% of the company’s net treatable stages in the Woodford shale wells drilled to date.

Related Articles

Baker Hughes: US drilling rig count rebounds to 1,809

03/28/2014 The US drilling rig count gained back the 6 units it lost last week to reach 1,809 rigs working during the week ended Mar. 28, Baker Hughes Inc. re...

Devon, Crosstex complete merger of midstream assets

03/07/2014 Devon Energy Corp., Oklahoma City, and Crosstex Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLi...

Baker Hughes: US drilling rig count up to 1,771


The US drilling rig count was up 7 units to 1,771 rigs working during the week ended Feb. 21, Baker Hughes Inc. reported.

ExxonMobil replaces 103% of 2013 production

02/21/2014 ExxonMobil Corp. replaced 103% of its oil and natural gas production last year with additions to reserves, mostly of crude oil and other liquids.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected