Thursday, January 12, 2012

Ten (10) New Permits -- The Bakken, North Dakota, USA

Daily activity report, January 12, 2012:

Operators: ERF (4), Zenergy (2), Hess, OXY USA, CLR, Fidelity

Fields: Manning, Banks, Stanley, Heart Butte, Rainbow, Rosebud, and Trenton

Three wells were released from "tight hole" status; not one of them was completed.

Ten wells on DRL status reported IPs, including:
  • 19352, 1,290, Hess, EN-Vachal-155-93-0532H, Mountrail
  • 19723, 1,238, Hess, AN-Bohmbach-143-94-2734H-1, McKenzie
  • 20206, 954, CLR, Truman 1-23H, Williams
  • 20644, 1,221, MRO, Good Bear USA 31-14H, Dunn
  • 20807, 831, CLR, Dvirnak 3-7H, Dunn

Update on EOG Liberty LR 17-11H; Longest (?) TD in the Bakken -- The Bakken, North Dakota, USA

I posted this some time ago (October 29, 2011):
EOG hits total depth with longest horizontal in the Bakken

Based on data at NDIC, EOG should have reached TD for the longest horizontal to date in the Bakken by now: #20037, Liberty LR 17-11H, 25,000 feet with extended long lateral under the river. 25,000 / 5,280 =  4.74 miles.  Vertical is about 10,000 feet, so the horizontal is about 15,000 feet, just under 3 miles.
Update: 790, s1/11; t6/11; cum 92K 11/11; 16K/month; on a pump

If this is not the longest/deepest horizontal in the Bakken, it certainly must be in the top five.

Completion: 31 stages; 5.8 million pounds sand.

  • Lodge Pole: 9,172
  • 3rd Shale Marker: 9,541
  • False Bakken: 9,563
  • Scallion: 9,572
  • Upper Bakken Shale: 9,594
  • Middle Bakken: 9,621

Idle Ramblings -- Not Necessarily the Bakken -- Rants and Raves -- Recommend Folks Ignore This Post -- For My Archives

I posted a wheelbarrow full of new wells reporting yesterday. Many of them were spectacular, even by Bakken standards. Eye-popping for me. 

The president has read Putin's playbook.

Chaos is self-organizing.

Winter weather is hitting Boston. Actually it's not quite winter weather, but it's looking a bit more like one might expect this time of year. The rain is coming down horizontally; umbrellas are being inverted; folks are headed for coffee shops. The Starbucks at Harvard Square, Cambridge, Massachusetts, is what a coffee shop should be like. It has all the "wonderfulness" of an English coffee house (not tea house) with a couple of extras: more space to spread out; free wi-fi (albeit a bit slow with so many users); and super-friendly staff. The wood steps leading up to the second floor look as old and worn as if this building had been here since the revolution. I doubt Paul stopped here for coffee before riding out to warn the Concordians that the Redcoats were coming.  -- Later: it looks like the rain is gradually changing to white stuff; perhaps sleet first.

So much for those "better" job(less) reports earlier this year. We're not out of the woods yet, and there is a story (which I won't link) that suggest Germany is already in a recession -- or headed there. I forget the exact words.

My 8 y/o granddaughter and I figured out why the Boston "T" has the color lines that it does: the Red Line, is of course, for the Boston Red Sox. I argued that the Green Line is for the Boston Common (a large expanse of green) but Arianna said that you can get to Fenway Park on all of the Green Line fingers (there are five or six) except for one -- and Fenway Park is the home of the Green Monster, which even our five y/o granddaughter knows about. And they've never been to a Boston Red Sox game. That's how big the Red Sox are in Boston. The Blue Line goes out to the waterfront and the Aquarium. We could not figure out why the Orange Line was orange.


The best book ever on the real identity of William Shakespeare is Brenda James' The Truth Will Out, published in 2005. I'm reading it for the second time. Her argument is so persuasive and so well researched, one has no reason to read the views of those who disagree with her. It's ironic that we finally learn the identity of "William Shakespeare" when he is no longer being read by most college students. Folks, after 300 years, have moved on. Harold Bloom got me interested in Shakespeare, and I was only able to understand about ten percent of what he wrote. One of the best books ever on the Shakespearian plays was by W.H. Auden. I did not know that Shakespeare coined "alligator," at least in print. At the time of his plays, "el lagarto" was Spanish for the reptile.

I may have misread this article -- folks point out that I often misread articles that I link/post -- and that is absolutely true. I even post that in my multiple disclaimers. If something doesn't look right on the blog, it probably isn't. Check it out for yourself. But if I have read this article correctly, it's the first "positive" piece I've read in a long time from the Dickinson Press.  The writer actually quotes someone that says it is nice to see that there are more places for folks to live. And I don't see anyone saying they don't like to a bunch of men living together, e.g. in an abbey/monastery or a college dorm.

The Canadians could not be more blunt: approve Keystone XL 2.0 route or "we'll" ship Canadian oil to China. Keystone XL 2.0 will not be approved until after the 2013 election. This is not rocket science.

Love's coming to Williston is a bigger story than most folks realize. I think it's a much bigger story than whether or not Menard's comes to Williston. And Love's will do a lot more for trucking chaos in the Bakken than a Menard's would. And I think Love's will require fewer employees, but perhaps better trained, higher paid (on the diesel mechanic side of the ledger).

Update on OXY USA/Anschutz Matthew Schmidt Well in the Cabernet Oil Field -- The Bakken, North Dakota, USA


See first comment; explains everything.

Original Post 
I was asked about the "Matthew Schmitdt" well.

Here was my response, posted here because some folks may not read the comments. Maybe someone in the local area knows more about the Matthew Schmidt well:

No file number, but I assume you are talking about:
  • 18427, 876, OXY USA/Anschutz, Matthew Schmidt 1-35-2H-143-97, Cabernet, Bakken, s2/10; t5/10; F; cum 110K 11/11.

110,000 bbls -- not fracked and no pump.

I don't know in which context you are asking the question, but I assume you noted the decreased production in November.

It came off the confidential list a long time ago; it is in the Cabernet field so it will be a great well; it had a typical Bakken decline rate but still produces 4,500 bbls/month. It was taken off-line in November, 2011 (only produced for 5 days) so I assume they are putting a pump on it. NDIC still shows no pump as of November, 2011, posting.

Pumps don't result in increased production, per se, but are needed to get the oil to the surface when the pressure pushing the oil out declines.

This well targeted the middle Bakken and WAS NOT stimulated.

For Investors Only: Mike Has Posted Part IV in His Series on What Bakken Stocks to Buy in 2012

Link here.