Friday, January 11, 2019

Idle Rambling -- That Bruin Well Reported Earlier This Morning, 350K BOE In Less Than Five Months -- January 11, 2019

The well (see update here, staggering):
  • 31774, 5,058, Bruin, Fort Berthold 151-94-27A-34-16H, API: 33-053-07183, Antelope-Sanish; a staggering well; 55 stages; 14.4 million lbs according to operator; t7/18; cum 516K 10/19;
    • 293,639 bbls crude oil
    • 358,157 MCF = 59,683 boe
    • total boe: 353,322 boe in less than five months
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
SANISH11-201819237182370116934277531503012602
SANISH10-201831622856223355956864285612330017
SANISH9-201830503575088155448689445338015111
SANISH8-201831960459618370073925397253819688
SANISH7-201822612346033883791824931667665537

At $40/bbl at wellhead = $14 million. IMO: will produce for 35 years+. EUR of 1.5 million bbls+.

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The Word For The Day

Cathexis.

Cathexis, wiki: the concentration of mental energy on one particular person, idea, or object (especially to an unhealthy degree). -- RBG, Betos for the far left.

Cathexis, by Camille Paglia, in Sexual Personae, p. 4: “We still know next to nothing of the mystery of cathexis, the investment of libido in certain people or things. The element of free will in sex and emotion is slight. As poets know, falling in love is irrational.”  Jeff Bezos.

Cathexis, inappropriate exuberance for the Bakken. Me.

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