Sunday, September 11, 2016

Update On A Whiting Well That Mike Filloon Highlighted Back In January, 2013

This is the well.
  • 17092, 3,027, Behr 11-34H, Sanish, API 33-061-00678; there is no frack report for this well at the NDIC site (unless I missed it): FracFocus has no record of this well; s4/08; produced 500,725 bbls in 591 days; inactive Jan/Feb 2015; now back on status 3/15; 1.055 million 9/16;
For those that missed it, this well went over the million-bbl mark a few months ago.
From this post: http://themilliondollarway.blogspot.com/2013/01/whitings-sanish-wells-model-to-2.html
Link here to SeekingAlpha.com.
At first glance the Whiting wells look better than EOG's. This is not the case when taking lateral length into consideration. The average lateral length of the Whiting wells are twice that of EOG's. In reality, the Whiting wells produced half the resource per foot. Well number 17092 is a great well, modelling to almost 2 million barrels of oil. These wells do not include natural gas or natural gas liquids in EURs, which accounts for an estimated 8% of production in Mountrail County.
NDIC screenshot today:

 
17872, 1,814, Whiting, Littlefield 12-34H, Sanish, 18 stages, 2.3 million lbs; t5/10; cum 643K 7/16;
27710, 234, Whiting, Littlefield 11-34H, Sanish, 35 stages, 3.2 million lbs, t5/15; cum 118K 7/16;

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