Friday, July 19, 2013

Statoil's Beaux-tiful Wells In The Banks Oil Field

Updates

A 4-well pad in section 7-152-98:
  • 23990, 3,657, Grayson Mill/Equinor/Statoil/BEXP, Beaux 18-19 2TFH, Banks, t8/13; cum 374K 11/19; cum 426K 6/22;
  • 23991, 4,071, Grayson Mill/Equinor/Statoil/BEXP, Johnston 7-6 2TFH, Banks, t8/13; cum 402K 11/19; cum 441K 6/22;
  • 23992, 5,417, Grayson Mill/Equinor/Statoil, Beaux 18-19 7H, Banks, t8/13; cum 444K 11/19; erratic; went IA 12/16; back on line 8/17; big jump 11/17; see this post; cum 479K 6/22;
  • 23993, 3,888, Grayson Mill/Equinor/Statoil/BEXP, Johnston 7-6 7H, Banks, t10/13; cum 492K 11/19; erratic production profile; inactive; back on status 2/17; see this post; cum 523K 6/22; production update here;
Original Post

A reader sent this comment (posted elsewhere) just as I was posting this note:
I'm not a big fan of IP numbers, but the Statoil Beaux wells are noteworthy. The 4H with the IP of 5,387 barrels of oil also had a gas volume of 9484 MCF. If you value the gas (methane and NGLs) at $6 per MCF and oil at $90 per barrel, the BOE would be 632 making the BOEPD for this well just over 6,000. These wells are just east of the Continental Resources high-density multi-zone drilling units, the Wahpeton wells. It is a very interesting area.
The newer wells coming on-line:
  • 23387, 5,387, Equinor/Statoil/BEXP Beaux 18-19 4H, Banks, t6/13; cum 285K 11/19; F;
  • 23385, 5,070, Equinor/Statoil/BEXP Beaux 18-19 6H, Banks, t6/13; cum 318K 11/19; 7 days to drill the lateral; 30 stages, 3.6 million lbs sand/ceramic; F;
  • 23388, 3,375, Equinor/Statoil, Beau 18-19 3TFH, Banks,  Three Forks, 32 stages; 3.9 million lbs sand/ceramics; t6/13; cum 324K 11/19; F;
  • 23386, 3,823, Equinor/Statoil/BEXP, Beaux 18-19 5TFH, Banks, t6/13; cum 222K 11/19; F;
See this post, July 11, 2013

Also this (these wells are all updated above):
A 4-well pad in section 7-152-98:
  • 23990, 3,657, Equinor/Statoil, Beaux 18-19 2TFH, Banks, t8/13; see above;
  • 23991, 4,071, Equinor/Statoil/BEXP, Johnston 7-6 2TFH, Banks, see above;
  • 23992, 5,417, Equinor/Statoil, Beaux 18-19 7H, Banks, t8/13; see above;
  • 23993, 3,888, Equinor/Statoil/BEXP, Johnston 7-6 7H, Banks, t10/13; see above
The Banks oil field.

The first Beaux well:
  • 20715, 2,412, Equinor/Statoil/BEXP, Beaux 18-19 1H, Banks, middle Bakken, 17 stages, 1.6 million lbs; t11/12; cum 157K 11/19; went inactive multiple occasions; active again; not on a pump according to NDIC as of 11/18; noted to be on a pump, 5/19;


    PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
    BAKKEN5-201931105810723985225521238
    BAKKEN4-201930107710872992218020600
    BAKKEN3-201931133813862366255624320
    BAKKEN2-201928122312291981239222782
    BAKKEN1-2019198768522647145113830
    BAKKEN12-2018221151107327721785161879
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20130000000
BAKKEN4-20130000000
BAKKEN3-20130000000
BAKKEN2-201317338440341046583958390
BAKKEN1-20133175567001210212869128690
BAKKEN12-2012311136611528410121789217890
BAKKEN11-2012131176210648410124292413220160

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