Thursday, February 28, 2019

Random Update Of An Old Petro-Hunt USA Well In Charlson Oil Field -- February 28, 2019 -- Coming Up On One Million Bbls Crude Oil

Updates

March 13, 2019: mystery solved; see this post. Hubbert's peak oil theory states that once a well starts to decline it never recovers. Another nail in that coffin.


March 13, 2019: look at the jump in production -- not re-fracked according to FracFocus; nor is there any sundry form suggesting this well was re-fracked:

Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2019311866018742503324830176766939
BAKKEN12-2018159183833030481068490861496
BAKKEN11-20180000000
BAKKEN10-20181232613644743708758111197
BAKKEN9-20183092779448198516977142652503
BAKKEN8-2018319216904021161796017618126
BAKKEN7-201831972498732209178901759579
BAKKEN6-201830106501110228551646116076176


February 28, 2019: the original note was posted in late 2017 (see below). I was curious to see how this well was doing. According to FracFocus this well has never been refracked. The NDIC file's last sundry form was dated February 18, 2016.

The well:
  • 20342, 1,430, Petro-Hunt, USA 153-95-4B-9-1H, 33-053-03453, Charlson, t11/11; cum 910K 12/18; 
    • 1,370,174 mcf = 228K boe
    • 910K bo crude oil
    • total boe: 1.1379 million boe 
Look at the production profile since 7/17: a few months this well was producing about 9,000 bbls each month, but then taken off one for about two months, and then produces the equivalent of 18,000 bbls in one month.

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2018159183833030481068490861496
BAKKEN11-20180000000
BAKKEN10-20181232613644743708758111197
BAKKEN9-20183092779448198516977142652503
BAKKEN8-2018319216904021161796017618126
BAKKEN7-201831972498732209178901759579
BAKKEN6-201830106501110228551646116076176
BAKKEN5-20183111129105732472170021670482
BAKKEN4-201830111911139025491651415353952
BAKKEN3-2018311171011530243316543163270
BAKKEN2-201828111341123024701623115528508
BAKKEN1-2018311272412821290218163179470
BAKKEN12-20173113263129402992176331734374
BAKKEN11-201730131171345431081676982098351
BAKKEN10-2017311443914496328219217019001
BAKKEN9-2017301267412004368216658016477
BAKKEN8-20174501690858618390
BAKKEN7-20173151755311460810878920

As soon as one looks at the updated graphic, one sees exactly what has happend.
The index well -- the one we are looking at is #20342.

The three neighboring wells:
  • from the north: 
    • 32533, fracked/tested 12/18; huge production -- 15K in first 23 days;
    • 32532, fracked/tested 12/18; huge production -- 16K in first 16 days; 
  • from the south:
    • 30685, fracked/tested 8/17; huge production -- almost 200K in less than a year and a half;
So, again, another example of an older well that keeps on jumping in production when neighboring wells are fracked. Several years ago, one operator suggested that studies showed that these examples worked best when at least three neighboring wells were fracked simultaneously around an older well. If so, the study must have been based on very little data; the Bakken was not quite old enough to have had many examples of three neighboring wells being fracked simultaneously around an older well when that "study" was cited. Whatever. 

Anyway, here's the updated graphic:


Hubbert said his theory applied not only to oil fields and basins, but also to individual wells. Once a well started to decline, it had reached its own "peak oil" and would never show increased production. And so it goes.

Original Post

The well:
  • 20342, 1,430, Petro-Hunt, USA 153-95-4B-9-1H, 33-053-03453, Charlson, t11/11; cum 747K 8/17;
Based on data from FracFocus, this well has never been refracked.

Production to date:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20173151755311460810878920
BAKKEN6-2017305032503240573026873220
BAKKEN5-20173150544857418896227176029
BAKKEN4-201730533756095278791852260
BAKKEN3-20173157065469480897287560
BAKKEN2-20172853435422447830381080
BAKKEN1-20173166186749572932191050
BAKKEN12-201627495849284057677745641
BAKKEN11-20163059816106513851183020
BAKKEN10-20163161336120552941291960
BAKKEN9-20163061735929557943592260
BAKKEN8-20163168987184617106639790660
BAKKEN7-2016286046583048277987493105
BAKKEN6-201630642465895337351707765
BAKKEN5-20163167966533558819379770
BAKKEN4-20163069467205607903888280
BAKKEN3-20163173017386622821080000
BAKKEN2-2016246513615762677797172415
BAKKEN1-201623570458626889394907899
BAKKEN12-20153179458148794146731437086
BAKKEN11-2015308636843394115703154930
BAKKEN10-2015308957914610541434513804345
BAKKEN9-2015308520821368116447103415896
BAKKEN8-2015318888915379616914618010518
BAKKEN7-201531108631100213332018419081886
BAKKEN6-2015301029510306104415883156730
BAKKEN5-20153111035107078671575215291245
BAKKEN4-20153011438115408871848796808597
BAKKEN3-20153110827109417101207611640219
BAKKEN2-2015289185913754599069304406
BAKKEN1-201531123961279674625669232872165
BAKKEN12-201431144581453310391560872398279
BAKKEN11-20141556755310700666006569
BAKKEN10-201431152601577032715982104885277
BAKKEN9-2014963405735189645343902000
BAKKEN8-20140000000
BAKKEN7-20140000000
BAKKEN6-20140000000
BAKKEN5-20140000000
BAKKEN4-20142000000
BAKKEN3-20140000000
BAKKEN2-20140000000
BAKKEN1-20141236873884267605105967
BAKKEN12-2013319592969374615683015655
BAKKEN11-201330961793336721911890969818
BAKKEN10-20133110431103507371571097765718
BAKKEN9-20133010349101607091555485896755
BAKKEN8-20133110993118577961953925919063
BAKKEN7-20133111322106858322078811820453
BAKKEN6-201330113671172685720668146918989
BAKKEN5-201331122961179289921189240418569
BAKKEN4-201330125591262989922272357218490
BAKKEN3-201331132391323495720581148105554
BAKKEN2-201328125831282795620032186461190
BAKKEN1-20133114595144421100248271213812472
BAKKEN12-2012311554815648114726279511120951
BAKKEN11-20123016056159161259281491214415795
BAKKEN10-20123117610177671331310201963611167
BAKKEN9-20123018315183661573357041397721517
BAKKEN8-2012312136921695184035574296215735
BAKKEN7-2012302113020982165435137267478180
BAKKEN6-2012302467924635201239531365682753
BAKKEN5-201231270392753019213779637465114
BAKKEN4-2012302874228340208238850318876753
BAKKEN3-20123128251280471752367981798118601
BAKKEN2-2012292550125435138130823280372582
BAKKEN1-2012313003430262155340472345735689
BAKKEN12-20113133358333241563404522146218774
BAKKEN11-2011142128420366117724965024867
BAKKEN8-20110000000

The graphic:


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