Friday, March 29, 2019

Random Update Of An Old Alfred Old Dog Well -- March 29, 2019

The Alfred Old Dog wells are tracked here.

Let's take a look at #26154, drilled back in 2014, and already nearing a half million bbls of oil:
  • 26154, 1,842, WPX, Alfred Old Dog 19-18HD, 33-025-02240, t9/14; cum 401K 10/18; off line late 2018;in fact, all nine Alfred Old Dog wells were taken off line at the same time; back on line as of 11/18; no evidence of a re-frack;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2019318802876548531238565234758
BAKKEN12-2018311191112008737516758513310190
BAKKEN11-201811286328003137403018921782
BAKKEN10-20181000500
BAKKEN9-20180000000
BAKKEN8-201823595259066227837434094204
BAKKEN7-201816472945168947665424493626
BAKKEN6-20188653727392918642166
BAKKEN5-20183143034396154160535284147
BAKKEN4-20183054615415170611248105060
BAKKEN3-20183154925615108677286625354
BAKKEN2-20182833833345948476022322030
BAKKEN1-2018101260192829017721283312
BAKKEN12-201729537846801546756826514186
BAKKEN11-201730500549661459704139622390

To the mineral owner, it really doesn't matter why production jumped, does it? Consider the change in royalty checks from:
  • 6/18 to 7/18;
  • 7/18 to 12/18;
FracFocus: no recent re-frack; fracked in September, 2014;
NDIC file report: 18 tanks on the pad; no recent frack;

geological summary: 60 miles north of Dickinson, ND [pretty funny: in fact it's much nearer to Watford City than Dickinson)];
took about a day to build the curve; seven encounters of out-of-zone drilling, but no shale strikes; but look at this, the middle Bakken formation (target zone) for this well was ascertained to have a maximum bed thickness of approximately 10 feet. Wow, drilling two miles down and they have a 10-foot target window. Great geologists; great roughnecks. And once in, the target zone, the seam "undulates." Six days to drill the lateral. And then, again, look at this: a total of 65% of the lateral was drilled within the middle Bakken formation target zone. But again, never left the middle Bakken if I read the report correctly.

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