Wednesday, April 10, 2013

Wells Coming Off The Confidential List Thursday; Of 15 Wells Coming Off The List, Nine Are Oasis; OXY With An IP of 23; Oasis With Several Great Wells

Undeserved commentary, I suppose: 
Note the OXY USA well that reported today (see below). The IP is just about as low as I've seen for a Bakken well, excluding dry holes. That well was tested in September, 2012. Now, almost 6 full months later, that well has produced less than 8,000 bbls of oil. It is my impression, and I could be wrong, that the average Bakken well tested in the last six months will produce more than 8,000 bbls the first full month of production. That's probably an exaggeration, but probably not far off. This well had two things going against it: a) it's in the Dimond oil field which is anything but a diamond among Bakken fields; and, b) it was drilled by OXY USA who seems to have a knack for reporting these results.
Wells coming off the confidential list, Thursday, April 11, 2013:
  • 21011, 1,263, Zenergy, Owan 23-26H, Painted Woods, t2/13; cum 18K 2/13;
  • 22177, 23, OXY USA, Split Ridge 1-2-1H-160-91, Dimond, t9/12; cum 8K 2/13;
  • 22389, 629, Hess, BW-Norgard 149-100-1102H-1, Ellsworth, t3/13; cum 2K 2/13;
  • 22425, 1,677, Whiting, Norgard 41-13H, Ellsworth, t10/12; cum 40K 2/13;
  • 22438, 955, Oasis, M Lee 5793 42-11H, Sorkness, t11/12; cum 18K 2/13;
  • 22676, 1,468, Oasis, Blanchet Federal 5693 41-28H, Alger, t11/12; cum 32K 2/13;
  • 22751, 905, Oasis, Jenna 5604 13-1H, Bull Butte, the Kalil field, t11/12; cum 11K 2/13;
  • 23046, 271, Oasis, Connie 6093 14-5H, Gros Ventre, t11/12; cum 12K 2/13;
  • 23204, 698, Oasis, Aubrey 5304 41-22H, Ft Buford, t11/12; cum 18K 2/13;
  • 23230, 2,734, Oasis, Ash Federal 5300 11-18T, Baker, t11/12; cum 44K 2/13;
  • 23274, 792, Oasis, J Cory 5602 41-10H, Bonetrail, t11/12; cum 25K 2/13;
  • 23392, 447 Oasis, Bull Moose 6093 13-4H, Gros Ventre, t11/12; cum 14K 2/13;
  • 23476, 2,513, Oasis, Whitten 5393 11-3B, Sanish, t12/12; cum 51K 2/13;
  • 23490, 38, Surge, Scandia 1S SENE 34 02 SENW 35H, Souris, a Spearfish/Madison, t12/12; cum 7K 2/13;
  • 23805, drl, CLR, Lystvedt 1-9H, Upland,

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