Friday, December 23, 2016

One XTO DUC Reported As Completed -- December 23, 2016

Active rigs:


12/23/201612/23/201512/23/201412/23/201312/23/2012
Active Rigs4165172189187

One new permit:
  • Operator: Liberty Resources Management Company
  • Field: Northwest McGregor (Williams)
  • Comments:
Five permits renewed:
  • Statoil (2): two Olson permits in Williams County
  • EOG (2): two Parshall permits in Mountrail County
  • Lime Rock Resources: 
One producing well (a DUC) reported as completed:
  • 30835, 408, XTO, TAT State Federal 14X-36H, a Three Forks well, Bear Creek, t10/16; cum -- ; from the file report, "the well was spud on December 29, 2015, ...the rig was walked away to drill three additional wells in assembly lie style to intermediate casing prior to re-entering the subject well on January 24, 2016." 
  • the middle Bakken was logged at 11,020' TVD
  • the lower Bakken shale was drilled at 11,058' TVD (one can do the math)
  • the Three Forks formation was logged at 11,079' TVD
  • maximum trip gas of 2,082 units; 1' - 3' constant to intermittent flare while drilling
  • the target within the TF was 26' thick, beginning approx 4' below the base of the lower Bakken shale
  • wellbore 100% in target; drilled in seven runs to a total depth of 23,242' MD
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At 19,934, Just Short Of 20,000

Respondents to the poll:
  • 58 % thought we would hit "20,000" by Christmas, 2016
  • the rest did not
Intra-day, during the past week, we did come within 13 points of hitting 20,000. 

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