Saturday, May 19, 2012

Samson Resources Three Forks Well Near Canadian Border -- The Williston Basin, North Dakota, USA

Samson Resources reported a nice well the other day. There were a number of surprises, not the least of which was the location, almost in Canada, north of Williston in Divide County, the Ambrose field:
  • 20837, 725, Samson Resources, Thomte 8-5-163-99H, Ambrose; t1/12; cum 67K 3/12;
Note other data points:
  • Samson Resources, North Williston Project developing the Mississippian Bakken and Devonian age Three Forks formations in Divide County. 
  • Sanish/Three Forks; 6-foot TF interval; 30 stages; 2.4 million lbs sand;

Markers:
  • Upper Bakken: 7950
  • Middle Bakken: 7968
  • Lower Bakken: 8117
  • Does this suggest the middle Bakken is 149 feet thick here?
  • Three Forks: 8245
Again, note -- this well has produced 67,000 bbls in exactly 91 days, just three months. Also, it was interesting to see Samson Resources refer to this as a Sanish/Three Forks well on one of their forms.  The geologic foot markers are interesting: 150-ft thick middle Bakken this far north?

Samson Resources has another well in the immediate area that was just tested:
  • 20837, 267, Samson Resources, Skyline 4-9-163-99H, Ambrose; t 3/12; cum 2K; 30 stage. 2.4 million lbs sand; geologic report not yet posted.
 ************************

Pretty exciting race:

2012 Preakness, By a Nose

Fargo Sets Record for New High -- 95 Degrees

Link here:

New record: 95 degrees, May 18, 2010. Previous record, 1988, 92 degrees, well before the mainstream media started talking about global warming.

It looks like Williston has been flirting with record highs (83 - 88 degrees this past week) but missing the record by one or two degrees: one of the best "weather channels" on the net.

Airport Boardings Continue to Soar -- Bismarck Tribune

Link here.

Data points:
  • Statewide: up 24 percent yoy
  • Bismarck: up 14 percent 
  • Minot: up 69 percent; building a new airport due to increase
  • Dickinson: up 74%
  • Williston: up 36%

Upper Bakken As Another Pay Zone -- Slawson

Updates
November 4, 2012: Slawson permits for five wells on a 640-acre spacing unit;

June 16, 2012: Slawson Drilling the Upper Bakken; Slawson says it is drilling the "upper" Bakken, very interested in the area along the Montana-North Dakota border

Permits
2014
None

2013
26111, 286, CLR, Major Federal 1-6H, t10/13; cum 117K 11/17;

Issued in 2012
22638, PNC, SM Energy, Hatter Federal 16-29H, Squaw Gap (still on conf 2/14; PNC 4/14;)

The six wells below are on two pads: one 4-well pad; one 2-well pad
  • 22763, PNC, Slawson, Battleax Federal 3-34H, Squaw Gap, as of 2/15;
  • 22764, PNC, Slawson, Chariot Federal 3-27H, Squaw Gap, as of 2/15;
  • 22765, PNC, Slawson, Chariot Federal 2-27H, Squaw Gap, as of 2/15;
  • 22766, PNC, Slawson, Battleax Federal 2-34H, Squaw Gap, as of 2/15;
  • 22767, PNC, Slawson, Battleax Federal 1-34H, Squaw Gap, as of 2/15;
  • 22768, PNC, Slawson, Chariot Federal 1-27H, Squaw Gap, as of 2/15;
Original Post

Link here.

This is a great story/link sent to me by a reader. I have been so busy I was not able to post it earlier.

This is a huge story; a big "thank you" to a reader for sending it to me. Sorry it took so long to get posted. Way too busy.

The gist of the story concerns Slawson and Squaw Gap; and Bakken "tight oil" and  "shale oil."

Squaw Gap oil field is in southwest McKenzie County, right on the Montana state line. It is just north of Bicentennial where Whiting's Lewis & Clark prospect begins, I believe. State highway 16 runs right through the middle of it, in the Little Missouri National Grassland. 

Here are the wells and permits in Squaw Gap since 2009. As far as I can tell no permits were issued for Squaw Gap oil field in 2009, 2010, or 2011. So far in 2012:
  • 22638, PNC, SM Energy, Hatter Federal 16-29H, 29-147-104, PNC as of 4/14;
  • 22763, PNC, Slawson, Battleax Federal 3-34H, 34-147-105,
  • 22764, PNC, Slawson, Chariot Federal 3-27H, 34-147-105,
  • 22765, PNC, Slawson, Chariot Federal 2-27H, 27-147-105,
  • 22766, PNC, Slawson, Battleax Federal 2-34H, 27-147-105, 
  • 22767, PNC, Slawson, Battleax Federal 1-34H, 27-147-105,
  • 22768, PNC, Slawson, Chariot Federal 1-27H, 27-147-105
Four wells in section 27 (all on lot 4); and two in section 34. Slawson has another well sited in this field, but it will be running north into Mondak field.
  • 22615, PNC, Slawson, Phalanx Federal 3-22-15H, conf as of 2/15;
Other older wells in Squaw Gap:
  • 6622, PA, a Madison well; 651 bbls total;
  • 7208, PNA, a Madison well; 1,657 bbls total; Red River dry;
  • 7292, PNA, a Madison well; 6,710 bbls total;
  • 7666, PNA, a Madison well; 13,065 bbls total;
  • 7737, PNC,
  • 8287, PNA, a Madison well; 20,893 bbls total;
  • 8404, PNA, a Madison well; 13,767 bbls total;
  • 8872, PNA, a Madison well; 3,395 bbls total;
  • 12779, 110, Whiting, Beaver Valley Ranch 34-21H, t12/89; cum 181K 9/16; Bakken;
  • 12835, 254, XTO, Silkworm 1-16, t6/90; cum 370K 9/16; Bakken;
  • 13432, 73 (no typo), Whiting, MOI Squaw Gap 22-9H, t11/92; cum 91K 9/16; Bakken;
  • 16401, 479, Slawson, Stingray Federal 1032H, t4/07; cum 224K 9/16; Bakken (Red River: dry); "primarily to be a Silurian Red River "C" test with secondary potentials at the top of the Ratcliffe, two possible fractured intervals in the Upper Mission Canyon, the Bakken Upper Shale ...." The Bakken shale was 7 - 9 feet thick; after testing all sections, ended up drilling a horizontal Upper Bakken shale;
  • 16551, 27 (no typo), Legacy Reserves/Summit Resources, Gap Federal 1-27H, t7/10; cum 50K 9/16; Bakken; middle Bakken, but upper Bakken interesting;
  • 16566, 50, Legacy Reserves/Summit Resources, Gap Federal 3-8H, t11/08; cum 22K 9/16; Bakken;
  • 16920, 216, Slawson, Piranha 1-4H, t3/08; cum 115K 9/16;; Bakken; target: "Bakken," hard to say, but with hindsight, this may have been in the "upper Bakken,"
******************* 

A note to the granddaughters

[After posting the note below, I got a few comments from others including Arne C. who directed me to his blog: http://miscbaseball.wordpress.com/2010/06/11/a-very-brief-historical-tour-of-fenway-park/]

Now I know why you love this art museum, Boston's Isabella Steward Gardner Museum.

You have visited at least once, but that was before the new "wing." I visited it for the first time yesterday, and I was simply overwhelmed. I had never seen anything like it before, and my first impression was this is the best art museum I had ever seen.

Now, 24 hours later, reflecting on it, maybe it's a bit much to say this is the best art museum in the world, but it may be the best art museum experience in the world.  It certainly is a museum no one should miss. If you visit Boston and have time for only one museum, I think this would be it. And that's a tough call. Competing for your time: the Museum of Fine Arts in Boston; the JFK Library and Museum south of Boston; and, the Peabody Essex Museum, north of Boston in Salem/Essex. But whereas the MFA is a "typical" big city fine arts museum, the ISG is unique. The ISG Italian palace is part of the experience; for some (including me) the palace may be THE experience.

I was overwhelmed. Even though the new wing has been open now for several weeks, the line to purchase tickets still exceeded my expectations.  We walked through a long glass corridor to get to the palace. Immediately upon entering, one realizes one is in a different kind of museum. The three-story structure is built around a classic Italian courtyard. I was immediately reminded of the Roman baths in Bath, England. Absolutely spectacular. I explored three or four rooms/corridors/hallways in the immediate area after emerging from the glass corridor -- the rooms around the courtyard on the ground floor, and I realized I was overwhelmed. It was a unique experience. I did not have the same experience in the Louvre. I assume I had some idea of what to expect when visiting the Louvre for the first time, but I had no idea what to expect when visiting the ISG for the first time.

I went back to the new wing to collect my thoughts. In the opposite quadrant from the restaurant, is the "living room." Isabella Gardner loved books; in fact, I believe she started collecting books before she started collecting art, and throughout the museum -- I hate to call it a museum -- it's a palace -- are shelves of her books. I could spend hours in the "living room." With comfortable sofas and individual chairs, surrounded by books to be read by visitors, it is a most relaxing room. It is "outside" the palace proper and thus no admission charge. There were several books I spent some time with, but my two favorites: the 2012 anniversary edition celebrating the Boston Red Sox and Fenway Park; and the collected letters of Isabella Gardner and her co-conspirator in art collecting, Bernard Berenson. 

This is my snapshot of the ISG Museum story. Isabella loved life. She married a New York City man who created his own wealth through smart investments; they moved to Boston where they settled in the newly filled in Back Bay. She was not well educated but she more than made up for that by self-education for the rest of her life. She was devastated by the death of her 2-year old son. To get her out of her depression, her husband took her to Europe. That began her love for travel, Europe, particularly Italy, and an eye for collecting. She had taken some "adult courses" under a history professor at Harvard which was probably the life-altering event in her life with regard to art and history.

Through serendipity, she met a young (incredibly handsome) Harvard undergraduate Bernard Berenson who wanted to be the intermediary identifying, buying, and collecting art for a rich patron. He began scouring the continent for art work for Ms Gardner who had just inherited $1.6 million from her father upon his death.

She and Berenson collected art at the turn of the century and became a very, very close and successful team. The stories coming out of the museum suggest they had had a "come-to-Jesus" moment when she discovered he was being paid a handsome commission by European dealers from whom he bought art, as well as a five percent commission from Ms Gardner. Obviously it was to his advantage for the dealer to increase his prices. Berenson must have been extremely persuasive (and very, very good looking); Ms Gardner stuck with him. The relationship appears to have grown stronger and closer.

Unexpectedly her husband died about this time; I believe she was in her late 40's or 50's. (Let's see: she was born in 1840; the palace opened in 1903 -- so late 50's I guess.) Knowing she had little time left in her life, she began immediately designing and building an Italian palace to house her art collection. She chose an empty lot near where Fenway Park came to be. Fenway Court, as she called her palace, opened in 1903; Fenway Park in 1912. The ISG Museum is now just a few blocks (within walking distance of the Boston Museum of Fine Arts) on the Green Line.

For more, visit the ISG Museum website.

Incidentally, there's a little nook, a little corner on the first floor with two chairs, a table with a dozen books, and a lamp. I don't know if Ms Gardner placed that ensemble there herself but it has "her" feeling. I don't think many visitors realize it provides an opportunity for folks like me, who become overwhelmed, to simply sit and reflect on this most personal of personal museums, as some have described this palace.

Oh, and by the way, the lunch menu was very unique and the food excellent, including affordable wines. I had a Samuel Adams -- you know, I was just reminded that Paul Revere was captured before he completed his midnight ride. Walt Whitman admitted he used artistic license to write his poem. But, Paul Revere was able to warn his close friends Sam Adams and John Hancock before he was captured. But I digress.

Opening the Strategic Petroleum Reserve in Anticipation of the Iranian Embargo -- July, 2012

Updates

June 18, 2012: EU update on the embargo -- still going through with it. 

May 19, 2012: I guess the article below wasn't explicit enough, so the mainstream media had to spell it out: the president is setting the stage to tap the SPR.

Original Post
Link here
Speculation has grown that Obama will use an energy session at the G8 to seek support to tap emergency oil reserves before a European Union embargo of Iranian crude takes effect in July.

But with oil prices already sliding, a move by Obama to tap the Strategic Petroleum Reserve - alone or along with other countries - could expose him to criticism that the emergency supply should only be touched in a supply crisis.
And another of the PFIIGS (pronounced "figs")  is in trouble: Ireland may need a second bailout.

Request for Readers' Help: Any Update on the Butte Pipeline Expansion Project -- Baker 300?

Back in July, 2011, I posted a summary of discussion regarding options for "Bakken pipelines."

One of the pipelines mention was the Butte pipeline:
  • Butte Pipeline: currently 118,000 bbls from eastern Montana to Wyoming
At the posting I mentioned four additional projects being proposed or underway, including:
  • True Company 'Baker 300': 118,000 bopd now; by the end of 2011, that oil flow will increase to 150,000 bopd; and in 2012, increase to 200,000 bopd
From another link, September, 2010, regarding the True Company "Baker 300":
In July 2010, True Companies made plans public for a new expansion project called the “Baker 300”. The proposed project would increase takeaway capacity at the Baker, MT hub from 118,000 bpd to 300,000 bpd by 2013. The project would require incremental expansions on the Butte Pipeline and an interconnect with the Keystone XL pipeline in Eastern Montana.
To the readers out there: does anyone know the status of the expansion planned for the Butte Pipeline? "Double looping" has been mentioned in association with this project, but I have not read any update.

More on the Topic Du Jour: The State of Midstream Infrastruture in the Williston Basin

Too much of a good thing? The following link was sent in by by a reader. Another story on the need for increased midstream infrastructure in the Williston Basin.

http://www.petroleumnews.com/pntruncate/63206600.shtml

Geological Periods and Williston Basin Oil Formations

Tertiary (1.64 - 65 million years ago)
Pliocene 1.64 - 5.2 mya
Miocene 5.2 -23
Oligocene 23 - 34 Alpine evolution
Eocene 34 - 56
Palaocene 56 - 65 Mammals and birds diversity
Great Extinction, "End of the Dinosaus," 

Mesozoic (65 - 251 mya)
Cretaceous 65 - 145 chalk deposited widely
Jurassic 145 - 199 modern oceans widen: Pangaea breaking up into Laurasia, Gondwana
Triassic 199 - 251

GREAT EXTINCTiON
PANGAEA supercontinent - 300 - 200 mya late Paleozoic to early Mesozoic

Upper Paleozoic (416 - 251 mya)
Permian 251 - 299
Carboniferous 299 - 359, Ice Age, coal swamps; Tyler, Heath, Madison Grp (Mission Canyon, Lodgepole)
Devonian 359 - 416, fish and amphibians;  Bakken, Three Forks, Birdbear, Duperow,
Winnipegosis
Lower Paleozoic (416 - 542 mya)
Silurian 416 - 443, Caledonian mountains at zenith, caused by closure of Iapetus Ocean when land masses closed/collide; colonization of the land
Ordovician 443 - 488, Iapetus Ocean at its widest, 600 - 400 mya; Red River formation
Cambrian 488 - 542, Iapetus Ocean, southern hemisphere, precursor to Atlantic Ocean, trilobites and other marine animals appear;
Precambrian (542 - 4,550 mya)
Proterozoic 542 - 2,500
Archaean 2,500 - 3,500
(Hadean) 3,500 - 4,550
********************
 Laurasia and Gondwana, 150 mya as Pangaea is breaking up
Pangaea Supercontinen, 300 - 200 mya
Lauraia, the northern continent -- Gondwana, the southern continent (500 - 200 mya) 

********************

The break-up of Pangaea 
The break-up of Pangaea occurred in three stages (from wiki)
First phase: began in the early-middle Jurassic, about 175 mya -- ultimately giving rise to supercontinents Laurasia and Gondwana; multiple failed rifts, but one rift resulted in new ocean, the North Atlantic Ocean. The South Atlantic did not open until the Cretaceous.

Second phase: began in the early Cretacous (150 - 140 mya) when the major Gondwana separated into multiple continents (Africa, South America, India, Antarctica, and Australia). Atlantica (today's South America and Africa) finally separated from eastern Gondwana (Antarctica, India and Australia). In the middle Cretaceous, Gondwana fragmented; South America started to move westward away from Africa. Madagascar and India separated from each other in the late Cretaceous (100 - 90 mya). India continued to move northward toward Eurasia at 15 centimeters (6 in) a year (a plate tectonic record), closing the Tethys Ocean, while Madagascar stopped and became locked to the African Plate. 

Third phase: occurred in the early Cenozoic (Paleocene to Oligocene). Laurasia split when Laurentia (North America/Greenland) broke free from Eurasia, opening the Norwegian Sea (60 - 55 mya). The Atlantic and Indian Oceans continued to expand, closing the Tethys Ocean. Australia split from Antarctica and moved rapidly northward, just as India did more than 40 million years before. South America began to move in a northward direction, separating it from Antarctica and allowing complete oceanic circulation around Antarctica for the first time. The latter of which, together with decreasing atmospheric carbon dioxide concentrations caused a rapid cooling of Antarctica and allowed glaciers to form. The break-up of Pangaea continues today in the Red Sea Rift and East African Rift.
Mass extinction events (from Fortey's book)
  • "Snowball Earth" -- late in the Precambrian; earth pretty much an iceball; 600 mya
  • End Ordovician: another ice age; 444 mya
  • Near-end Devonian: 378 mya
  • End Permian "great dying": 251 mya
  • End Triassic (201 mya)
  • The great Cretaceous-Tertiary (K-T) event; 65 mya


Eagle Ford Production Expected to Soar

Link here.
Production in the Eagle Ford could reach 1 million barrels a day by 2016, a year after the Bakken Shale in North Dakota and Montana does, said Trevor Sloan, director of energy research at ITG Investment Research in Calgary, Canada. “So the growth rate out of there would be pretty spectacular.”
Same challenges as the Bakken:
About 1,400 Eagle Ford wells are waiting to be completed or to be tied to pipelines, ITG research shows. There are also shortages of crews and water and too few pipelines.

Canadian Oils Sands: Requires $85 Oil To Stay in the Game

One important link for Bakken folks: Canadian oil sands and $85.