Saturday, March 24, 2018

Week 12: March 18, 2018 -- March 24, 2018

By the end of the week, the Dow had tanked, and WTI traded above $65. Congress passed and the president signed a $1.3 trillion omnibus spending bill.

In the energy sector, it was relatively quiet, and so was the Bakken.

Operations
Production data for a great well has been "corrected" -- still a great well but not as good as originally reported
NOG looking to make new acquisitions
An old EOG short lateral coming up on 600,000 bbls of crude oil cumulative
Top North Dakota energy stories from ndenergy.org

Fracking
Varying amounts of proppant being used across the Bakken
Random update of an MRO mini re-frack in Antelope oil field
Frack using 20 million lbs sand 

Pipeline
US Army Corps of Engineers miss DAPL deadline

Bakken 101
A case study, two Slawson wells

Bakken economy
Williston voters reject school bond
North Dakota pols eager to spend Legacy Fund money
Steffes to expand Dickinson manufacturing facility

Commentary
The myths of shale -- Richard Zeits
Bakken reality check 

151-94-17; Antelope-Sanish; EOG

Case 19211, NDIC hearing dockets, W/2, 17-151-94, Antelope-Sanish, EOG, 6 wells on a 320-acre spacing unit.

See this post.

Updates

May 19, 2019: as of1/19, both of these wells, the only wells in this drilling unit, went inactive and remain inactive as of 3/19; 

Original Post

Update: no additional drilling has been accomplished. There are only two short laterals in this section:
  • 20307, in the west half, 1,328, EOG, Clarks Creek 103-17H, Antelope, Sanish pool, t11/11; cum 153K 12/18; only 1,000 bbls/month;
  • 19693, in the east half, 722, Enerplus, Danks 17-44H, Antelope, Sanish pool, t7/11; cum 234K 12/18; only 1,000 bbls/month;

Bakken Production By Field -- January, 2018, Data

Top twenty crude oil producing fields in North Dakota ranked by production.

Disclaimer: the spreadsheet below was done by hand. In a long spreadsheet like this, there will be factual and typographical errors. I did not double-check the data. If this information is important to you, go to the source. Do not make any financial, investment, job, travel, or relationship decisions based on what you read here or think you may have read here.

Five fields produced more than 1 million bbls in one month compared to six fields in November, 2017. Banks oil field dropped off the million-bbl list in December; remained off the list in January. But I assume that will only be temporary.

Antelope-Sanish has jumped to the top of the list; that field has been very active, adding 12 wells in December, 2017, and adding another 3 in January, 2018.

By the way, note the huge increase in production (on a percentage basis) and the number of wells added in Truax oil field. And it's easy to see why: it's a Whiting field. And Whiting has been the most active operator in the Bakken this past year. It has not been updated in a long time, but the Truax oil field is tracked here.

Although it has not been updated in quite some time, Antelope oil field is tracked here.

The spreadsheet below is ranked, in descending order, by production in the month of January, 2018, column 7.

Field
Dec 17 Prod
Dec Wells
Dec Oil / Well / Month
Percent Change Dec-over-Nov
Change in # of wells
Jan 2018 Prod
Jan Wells
Jan Oil / Well / Month
Percent Change Jan-over-Dec
Change in # of wells
Antelope-Sanish
1,503,780
215
6,994
28.63%
12
1,693,577
218
7,769
12.62%
3
Sanish
1,300,074
624
2,083
10.94%
6
1,430,162
629
2,274
10.01%
5
Blue Buttes
1,236,682
192
6,441
7.30%
2
1,272,618
193
6,594
2.91%
1
Parshall
1,170,770
523
2,239
-3.72%
0
1,070,154
523
2,046
-8.59%
0
Siverston
1,004,608
296
3,394
0.12%
1
1,026,553
300
3,422
2.18%
4
Banks
912,593
213
4,284
-9.93%
1
971,819
222
4,378
6.49%
9
Elm Tree
792,140
68
11,649
26.04%
7
744,102
69
10,784
-6.06%
1
Bailey
640,292
157
4,078
-2.80%
0
742,278
163
4,554
15.93%
6
Truax
415,877
190
2,189
16.80%
9
710,783
198
3,590
70.91%
8
Alkali Creek
621,626
166
3,745
20.37%
3
675,693
166
4,070
8.70%
0
Reunion Bay 
727,491
174
4,181
-0.18%
1
669,889
173
3,872
-7.92%
-1
Grail
661,253
198
3,340
-4.77%
0
669,322
203
3,297
1.22%
5
Big Bend
690,391
134
5,152
13.84%
4
648,552
134
4,840
-6.06%
0
Alger 
654,912
335
1,955
10.71%
2
643,878
335
1,922
-1.68%
0
Heart Butte
600,332
213
2,818
-2.26%
0
587,809
213
2,760
-2.09%
0
North Tobacco Garden
588,854
67
8,789
92.66%
12
549,943
67
8,208
-6.61%
0
Corral Creek
488,558
167
2,925
-9.59%
2
533,834
167
3,197
9.27%
0
Spotted Horn
611,153
112
5,457
-14.59%
0
517,490
112
4,620
-15.33%
0
Van Hook
538,412
190
2,834
-4.33%
0
514,082
190
2,706
-4.52%
0
North Fork
458,644
73
6,283
16.51%
3
513,087
74
6,934
11.87%
1