Sunday, April 9, 2017

Whiting To Report Three Nice Wells Monday; Note Natural Gas Component; NASCAR Today -- Minimal Blogging -- Family Commitments -- April 9, 2017

Monday, April 10, 2017
  • 32764, 2,043, Whiting, Chameleon State 31-16HU, Banks, 4 sections, t10/16; cum 77K 2/17;
Sunday, April 9, 2017
  • None.
Saturday, April 8, 2017
  • 32560, 1,385, Whiting, Flatland 43-9-2H, Banks, 35 stages, 7.5 million lbs, t10/16; cum 100K 2/17;
  • 32561, 2,370, Whiting, Flatland 43-9-1H, Banks, t10/16; cum 78K 2/17;
Note:
Note, also, from first comment below:
Regarding the above wells' production, the natgas output is especially strong.
Using rough, back of the envelope figures, at $3/mmbtu, each 50 MMcf of gas should gross $150,000 in revenue.
Naturally, there is more to the financial picture, but 2 million, 3 million cubic feet per day sold starts to add up.
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32561, see above, Whiting, Flatland 43-9-1H, Banks:

DateOil RunsMCF Sold
2-20171304049471
1-2017880
12-20161951542799
11-20163455080981
10-20161113216681

32560, see above, Whiting, Flatland 43-9-2H, Banks:

DateOil RunsMCF Sold
2-20171526764032
1-20171748866945
12-20162396653757
11-20163425182210
10-2016898111895

32764, see above, Whiting, Chameleon State 31-16HU, Banks:

DateOil RunsMCF Sold
2-2017643229829
1-20171177151955
12-20161620323996
11-20162681427221
10-2016154328850

2 comments:

  1. Mr. Oksol
    As always, I thank you for the time and effort you put forth into this most informative blog.
    Regarding the above wells' production, the natgas output is especially strong.
    Using rough, back of the envelope figures, at $3/mmbtu, each 50 MMcf of gas should gross $150,000 in revenue..
    Naturally, there is more to the financial picture, but 2 million, 3 million cubic feet per day sold starts to add up.

    ReplyDelete
    Replies
    1. I appreciate that. I always forget to look at the natural gas. I continue to think of the Bakken as an oil play, and forget the natural gas. Thank you, again for bringing that to readers' attention.

      Delete