Saturday, March 29, 2014

This Might Take Some Time -- Yes, It's All About The Bakken -- A 1,000 More Slawson Wells? Case 22272; Order 24606 -- April, 2014

Updates

June 21, 2014: a reader sent the NDIC order for this case. Order 24606
 
Original Post

From the NDIC hearing dockets, April, 2014:

Case No. 22272:

Application of Slawson Exploration Co., Inc. for an order authorizing the drilling, completing and producing of multiple horizontal wells, in Big Bend-Bakken on (everything in bold is my estimate -- not from the NDIC)
  • the following 320-acre spacing unit: the W/2 of Section 10, T.151N., R.92W.; one unit, 4 wells
  • the following 640-acre spacing units: the SESE, Lots 5, 6, 7, 8, and 9, plus those portions of the bed of the Missouri River and the accretions to Lots 5, 6, 8, and 9 lying within the Fort Berthold Indian Reservation in Section 11, and the S/2 S/2 and Lots 5, 6, 7, and 8 of Section 12, T.152N., R.93W.; Section 31; the S/2 of Sections 34 and 35, T.152N., R.92W.; Section 22, T.152N., R.91W.; and Section 35, T.151N., R.92W.; about 8 units x 4 wells = 32 wells
  • the following 960-acre spacing units: Section 13 and the S/2 S/2 and Lots 5, 6, 7, and 8 of Section 12, T.152N., R.92W.; and Section 18 and the SE/4, SESW, and Lots 7, 8, 9, 10, and 11 of Section 7, T.152N., R.91W.; 3 units x 6 wells = 18 wells

  • the following 1280-acre spacing units: Sections 13 and 24; Sections 14 and 23; Sections 25 and 36; and Sections 26 and 35, T.152N., R.93W.; Sections 13 and 14; Sections 14 and 15; Sections 18 and 19; Sections 20 and 29; Sections 21 and 28; Sections 22 and 27; Sections 23 and 26; Sections 24 and 25; Sections 29 and 30; and Sections 30 and 31, T.152N., R.92W.; Section 33, T.152N., R.92W. and Section 4, T.151N., R.92W.; Sections 8 and 17; Sections 9 and 16; Sections 19 and 30; Sections 20 and 29; Sections 21 and 28; and Sections 27 and 34, T.152N., R.91W.; Section 33, T.152N., R.91W. and Section 4, T.151N., R.91W.; Section 32, T.152N., R.91W. and Section 5, T.151N., R.91W.; Sections 1 and 12, T.151N., R.93W.; Sections 2 and 3; Sections 6 and 7; Sections 8 and 17; Sections 9 and 16; Sections 13 and 14; Sections 19 and 20; Sections 20 and 21; Sections 21 and 22; Sections 23 and 24; Sections 26 and 35; Sections 27 and 34; Sections 28 and 33; and Sections 29 and 32, T.151N., R.92W.; Section 36, T.151N., R.92W. and Section 31, T.151N., R.91W.; Sections 2 and 3, T.151N., R.91W.; about 40 units x 8 wells = 320 wells
  • the following 1600-acre spacing units: Sections 16 and 17, and the E/2 of Section 18, T.152N.,R.92W.; Sections 11 and 12, and the E/2 of Section 10, T.151N., R.92W.; and Section 25 and the E/2 of Section 26, T.151N., R.92W. and Section 30, T.151N., R.91W.; 3 units x 8 wells = 24 wells

  • the following 1920-acre spacing units: Sections 27 and 28 and the N/2 of Sections 33 and 34, T.152N., R.92W.; Sections 3 and 4, T.151N., R.92W. and the S/2 of Sections 33 and 34, T.152N., R.92W.; 3 units x 8 wells = 24 wells

  • the following 2560-are spacing units: Sections 13, 14, 23, and 24, T.152N., R.93W.; Sections 13 and 24 T.152N., R.93W. and Sections 18 and 19, T.152N., R.92W.; Sections 25 and 36, T.152N., R.93W. and Sections 30 and 31, T.152N., R.92W.; Sections 15, 16, 21, and 22; Sections 17, 18, 19, and 20; Sections 20, 21, 28, and 29; Sections 22, 23, 26, and 27; Sections 23, 24, 25, and 26, T.152N., R.92W.; Sections 34 and 35, T.152N., R.92W. and Sections 2 and 3, T.151N., R.92W.; Sections 24 and 25, T.152N., R.92W. and Sections 19 and 30, T.152N., R.91W.; Sections 31 and 32, T.152N., R.92W. and Sections 5 and 6, T.151N., R.92W.; Sections 32 and 33, T.152N., R.92W. and Sections 4 and 5, T.151N., R.92W.; Sections 8, 9, 16, and 17; Sections 19, 20, 29, and 30; Sections 20, 21, 28, and 29; Sections 21, 22, 27, and 28, T.152N., R.91W.; Sections 32 and 33, T.152N., R.91W. and Sections 4 and 5, T.151N., R.91W.; Sections 33 and 34, T.152N., R.91W. and Sections 3 and 4, T.151N., R.91W.; Sections 1 and 12, T.151N., R.93W. and Sections 6 and 7, T.151N., R.92W.; Sections 2, 3, 10, and 11; Sections 7, 8, 17, and 18; Sections 9, 10, 15, and 16; Sections 13, 14,and Sections 28, 29, 32, and 33, T.151N., R.92W.; about 18 units x 12 wells = 216 wells

  • the following 3200-acre spacing units:Sections 11, 12, 13, and 14, and the E/2 of Sections 10 and 15, T.151N., R.92W.; and Sections 25 and 36 and the E/2 of Sections 26 and 35, T.151N., R.92W., and Sections 30 and 31, T.151N., R.91W. 3 units x 16 wells = 48 wells
Total: 686 wells, give or take 200 wells. 

700 wells x $8 million = $5,600 million which, I think, is $5.6 billion.