Saturday, January 28, 2017

Huge Jump In Production After Neighboring Well, Different Formation Fracked -- January 28, 2017

Updates

January 29, 2017: I received this comment after posting the note below:
I watch the Bakken more than you and I worked for Hess 45 years ago. I can tell you without any reservations that a well shut in for any significant time will display an increase in production. The amount of increase is based on duration of being shut in.
You can see the original comment at this post; it's the first comment there. 

For those who have been following the blog know the background story to this, so I won't go through it again.  I address the issue in more depth at "FAQs", question #81.

Bottom line is this: folks who understand oil much better than I do; who have followed the oil industry longer than I have; who have often worked in the oil industry; who have written me on this issue, all agree that any increase seen in production after a neighboring well is fracked is due to simply to increased pressure that has built up while the well was shut-in or taken off-line to protect it while the neighboring well was fracked.

For readers: I would listen to the folks who understand the Bakken much better than I; who have followed the oil industry long than I have; who have often worked in the oil industry.

I think it's a fascinating phenomenon, production jumping from 9,350 boe/month to 32,000 boe/month after being shut in for three months. That data point alone begs the next question. Actually that raises several questions. Perhaps another day.

Original Post
Observation only; no comment

Check out the production profile for this well drilled/completed back in 2012. Note that it was off-line for about four months back in late summer/autumn, 2016:

Monthly Production Data

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2016311889018619390560345522808005
BAKKEN11-2016302271022443601154512454658988
BAKKEN10-20162119472196077581333631744615876
BAKKEN9-201611493107799823561742180
BAKKEN8-20160000000
BAKKEN7-201681543162938637183560144
BAKKEN6-20163066746624187816056159960
BAKKEN5-2016112500261990442823537728
BAKKEN4-2016244763464212661404013228764
BAKKEN3-2016316618686016501881418542210
BAKKEN2-20162972377278166518816187580
BAKKEN1-2016318287798120272213321630441
 
A neighboring / new well was fracked late summer/autumn, 2016, API: 33-053-06747-00-00, fracked 9/17-23/2015; 2.9 million gallons water; total mass, 19% proppant;

Monthly Production Data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20163023163237976210775757740658
BAKKEN10-20163135844360841075889424870902217
BAKKEN9-20164546443682234930992753
BAKKEN8-20160000000
BAKKEN7-20161310524107591940465344641471
BAKKEN6-2016302914529290627811279411263648
BAKKEN5-201631347393482370641119211086783136
BAKKEN4-20163037617370834467122637121577960
BAKKEN3-20163144583449235288141867140859903
BAKKEN2-20162443519434479698108313108095142
BAKKEN1-2016315435054271102971340721320611922
BAKKEN12-2015316329363835150051526011479474556
BAKKEN11-201515351583495311139630184968713271
BAKKEN10-201514175281679613243407963029510445

The earlier well:
  • 22361, 4,971, Whiting, Tarpon Federal 21-4-3H, a middle Bakken well, t12/12; cum 499K 11/16;
The more recent neighboring well, fracked mid-September, 2015:
  • 30774, 1,844, Whiting, Flatland Federal 11-4-5TFH; a Three Forks well;
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Another well in the immediate area did not show any increase in production, except perhaps the first full month coming back on-line; it was also off-line about 2.5 months:
  • 30776, 1,345, Whiting, Flatland Federal 11-4-3TFH, a Three Forks, t10/15; cum 235K 11/16;
Monthly Production Data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20163011187114933798521655205139
BAKKEN10-2016311731316853658160133585641491
BAKKEN9-201613484011808258220
BAKKEN8-20160000000
BAKKEN7-201614535454391250329613287650
BAKKEN6-20163012849129173356762607615432
BAKKEN5-2016311550815542365684073816362356
BAKKEN4-201630166161638835587307372441572
BAKKEN3-201631214492167040707819377637498
BAKKEN2-20162425532255294190708677072493

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Disclaimer: the NDIC map was hard to read due to all the horizontals; there may be errors. In addition, the narrative was done quickly and there are likely to be factual and typographical errors. Again, no conclusions/analyses are being drawn; this is simply being posted as an observation.

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