Saturday, July 13, 2019

The Staggering EOG Mandaree Wells -- July 13, 2019

Data points to observe:
  • cumulative production: 300K+ in in less than three years; one well at 500K; another approaching 600K
  • huge amounts of sand
  • the dreaded decline curve, but production still going strong
  • correlation between cumulative production and amount of sand
  • the "chronological" numbers for these wells (in red bold below)
Reminder: EOG was one of the first to take the lead in acquiring sand/using large amounts of sand. Some of have suggested the company should be renamed EOG &Sand. 

The Mandaree wells (by many different operators are tracked here. That page has not been updated in along time.

Look at how good some of these wells are. These are three EOG Mandaree wells sited in section 7-149-94, permitted back in 2016:
  • 32512, 1,505, EOG, Mandaree 30-0706H, 37 stages; 17 million lbs, Squaw Creek, t12/16; cum 306K 5/19, recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20192818291770471014714122891986
BAKKEN4-201930248725085627170541651256
BAKKEN3-2019312452254060051801016738765
BAKKEN2-20192822722225560214312138810
BAKKEN1-201931341134927136188471832123
BAKKEN12-2018312543252862971236911626311
BAKKEN11-20183034423477765223532194363609
BAKKEN10-201831350632808023214882035258
  • 32513, 1,910, EOG, Mandaree 24-0706H, 44 stages; 27.5 million lbs, Squaw Creek, t12/16; cum 500K 5/19, recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20192843274336276213201109881776
BAKKEN4-201930476647962853150831454849
BAKKEN3-2019314369441427071380312718581
BAKKEN2-20192847634752277220074196480
BAKKEN1-201931665866393293237162318330
BAKKEN12-2018316095605034312073819710527
BAKKEN11-20183052985333289416128131922449
BAKKEN10-2018315419528030301824817238498
BAKKEN9-2018306605674835642903328212300
  • 32514, 1,355, EOG, Mandaree 31-0706H, 46 stages; 28.7 million lbs, Squaw Creek, t12/16; cum 575K 5/19, recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20192851745197510919207161592611
BAKKEN4-201930575758385549226042204474
BAKKEN3-20193161906204611625462238671091
BAKKEN2-20192859635924599927872274460
BAKKEN1-201931752675157079307533021139
BAKKEN12-2018317262723870993107529776797
BAKKEN11-20183071957267707434493286815325
BAKKEN10-20183180957880776936569350441013
BAKKEN9-2018308187835277883924538317407
BAKKEN8-20183186798732815635612333381767
BAKKEN7-20183189818885847334190315012187
BAKKEN6-20183096219701893336675361930

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