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The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
Night view of H&P drilling the Bakken. The North Dakota oil boom was the period of rapidly expanding oil extraction from the Bakken Formation in the state of North Dakota that lasted from the discovery of the Parshall Oil Field in 2006, and peaked in 2012, [1] [2] but with substantially less growth noted since 2015 due to a global decline in oil prices.
United States, North Dakota: 1951 7.3 [38] Yates Oil Field: United States, Texas: 1926 1926 1929 3.0 (2.0 billion recovered; 1.0 reserve remaining) [39] [40] Kuparuk oil field: United States, Alaska: 1969 6 Alpine, Alaska: United States, Alaska: 1994 2000 2005 0.4–1 0.05 East Texas Oil Field: United States, Texas: 1930 6 Spraberry Trend ...
There are additional "State Codes" that are reserved for "pseudo-states". The pseudo-state numeric codes for offshore federal waters are Alaska Offshore (55), Pacific Coast Offshore (56), Northern Gulf of Mexico (60), and Atlantic Coast Offshore (61). [9] The state codes used in an API number are different from another standard which is the ...
Helmerich & Payne Flex Rig drilling the Bakken. Helmerich & Payne, Inc. (/ ˈ h ɛ l m r ɪ k / HELM-rik) is an American petroleum contract drilling company engaged in oil and gas well drilling and related services for exploration and production companies [2] headquartered in Tulsa, Oklahoma, with operations throughout the world.
CCL – casing collar locator (in perforation or completion operations, the tool provides depths by correlation of the casing string's magnetic anomaly with known casing features) CCLBD – construction / commissioning logic block diagram; CCLP – casing collar locator perforation; CCLTP – casing collar locator through tubing plug
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The Parshall Oil Field discovery, combined with other factors, including an oil-drilling tax break enacted by the state of North Dakota in 2007, [49] shifted attention in the Bakken from Montana to the North Dakota side. [50] The number of wells drilled in the North Dakota Bakken jumped from 300 in 2006 [51] to 457 in 2007. [52]