Oil Patch Bits: Bud Brigham gets his name back

On April 16 more than 500 Williston Basin wells were transferred from Brigham Oil & Gas to Statoil Oil & Gas, which entered the Bakken play with its 2011 purchase of Brigham.

According to a Statoil spokesperson, “We have finalized all the legal documentation and notifications. I can assure you that takes a while … so now (founder) Bud Brigham can get his name back.”

It’s just a formality, he said.

Continental holds well records

Continental Resources, holder of the record for the longest lateral in North Dakota for the Bakken petroleum system, is the proud bearer of two other well records — the world’s longest single run footage with a 6-inch PDC bit in the Patch 1-11H well in Williams County, N.D., at 14,844 feet AND the Western Hemisphere record for deepest horizontal land well with the Memphis 2-4H, also in Williams County, at 26,908 feet measured depth.

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