Friday, September 18, 2015

Update On A Record Well In The Bakken -- September 18, 2015


January 2, 2015: production updated --

30286, 1.974, EOG, Riverview 102-32H, Antelope, s3/16/15; TD 3/20/15; MD 15,564', TVD 10,523'; short lateral, 23 stages, 12.8 million lbs, 320-acre spacing, W/2 sect 29-152-94, t6/15; cum 271K 11/15; 

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare

From a sundry form: EOG is selling this crude oil to Shell Trading (US) Company at the lease. Shell will use Prairie Field Service as the crude transporter. Effective October 1, 2015.

From a sundry form: EOG is selling this crude oil to Enterprise at the lease. Enterprise will use Big Lease Trucking to transport the crude. Effective November 1, 2015.
There was vegetation fire in the area; well was shut in during a few days in August, 2015.

From a sundry form: "In order to increase frac volumes, EOG respectfully requests authorization to increase the hole size and lay 5 1/2" liner as described in the Preferred Option.

Original Post

I'm going to quit blogging! I have seen something so incredible, I cannot even get my hands around it as they say. This is so incredible. I thought I was overly exuberant about the Bakken, but I have been overly conservative. A reader brought this to my attention. This well is still on confidential status but look at the production in the first full month (for newbies, a well that produced 50,000 bbls in the first year back in 2007 was considered a good Bakken well. This well produced almost 100,000 bbls in the first month -- okay, a little hyperbole but 87,531 bbls of oil in the first full month of production.

  • 30286, conf, EOG, Riverview 102-32H, Antelope, s3/16/15; TD 3/20/15; short lateral, tpending; cum -- 

DateOil RunsMCF Sold

Note: this was a short lateral. I don't agree completely, but some folks feel that, all things being equal, a long lateral (two sections) should double the production of a short lateral (one section), which this one was. If so, this would have produced in excess of 150,000 bbls the first full month.

But I'm kidding. I will keep blogging. But it seems I've been way too conservative in my estimates of what the Bakken can do. I hope the roughnecks and frackers were rewarded for this incredible well. The well is still on confidential list so we don't know the completion history.

The original post on this well is linked here.

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