Tuesday, November 1, 2011

Buzz in the Watford City Coffee Shops This Week -- The Bakken, North Dakota, USA

I suspect this will generate some buzz in the Watford City coffee shops this week:
  • 20502, 1,272, True, Hagen 23-13H, Red Wing Creek, Madison (not a Bakken)
For newbies, read about the Red Wing Creek field, first. 

I will write more about this later, if I remember, and if I have time, but folks might be interested in this well:
  • 15121, 500, True, Evanson 21-24, Red Wing Creek, Madison, s5/01; t7/01;  cum 8,260 bbls (not a typo)
Production data for that well follows (the third column is the number of days the well is active, and the fourth column is the amount of oil produced that month; the fourth column is the "runs" -- the amount of oil sold for the month).

MADISON9-20112208412172350235
MADISON8-20112432031349049
MADISON7-201121801920020
MADISON6-201118202036036
MADISON5-201113202036036
MADISON4-201114502051051
MADISON3-201113001234034
MADISON2-20111290233033
MADISON1-201114001845045


I chose this well because it is a vertical well nearest the new True well noted above. The Evanson well below has had this type of activity since November, 2001. It has been on line for more than 20 days on only two occasions, October, 2001 (23 days), and November, 2001 (25 days). This well remains flowing on its own; no pump. Flowing on its own since it was spudded in 2001.

To say the least, the oil business is fascinating.

***************
The Hagen well, just reported, is notable for two reasons: it is a horizontal, unlike most True Oil wells in the Red Wing Creek oil field, and it's IP is huge, compared to other True Oil wells, and even by Bakken standards, it's a great IP.  I note that I did not post the IP for some of the other Red Wing Creek/True Oil wells in the earlier posting. Here they are for selected wells:
  • 5235, IP: 400; s1974: 2,829,567 bbls to date 
  • 5323, IP: 917;  s1973: 3,235,019 bbls to date 
  • 5286, IP: 741; s1974: 2,974,690 bbls to date 
  • 5335, IP: 642; s1974: 1,064,998 bbls to date
  • 5260, IP: 396; s1974: 3,470,983 bbls to date 

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