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XTO places new Bakken well on production

XTO Energy Inc., now a subsidiary of ExxonMobil (NYSE: XOM), has concluded completion operations on the Mondak Federal #11X-14H well in Section 14, T148N-R105W in the Bakken shale formation and has placed the well on production.

According to XTO, the initial production rate was 489 barrels of oil, 251 mcf of gas and 955 barrels of water per day. Earthstone Energy Inc. (formerly Basic Earth Science Systems Inc.) holds an approximate 8.40625% working interest and estimates spending approximately $400,000 for its share of drilling and completion.

Source:  Earthstone Energy Inc.

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