The Staggering Bakken; Some Very Nice Bruin Wells In The Antelope Oil Field -- December 3, 2019
The well:
- 35541, 2,539, Bruin, Fort Berthold 152-94-14D-2-15H3, Three Forks B1, 67 stages, 13.4 million lbs, t5/19; cum 193K 10/19;
Production:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|
| SANISH | 10-2019 | 31 | 22782 | 22821 | 23997 | 51135 | 42486 | 5346 |
| SANISH | 9-2019 | 30 | 28061 | 27960 | 28449 | 65442 | 50631 | 11018 |
| SANISH | 8-2019 | 31 | 42545 | 42448 | 41022 | 90094 | 68498 | 17730 |
| SANISH | 7-2019 | 27 | 41105 | 40981 | 40259 | 79240 | 3113 | 72866 |
| SANISH | 6-2019 | 30 | 42483 | 42885 | 52569 | 68088 | 16495 | 50090 |
| SANISH | 5-2019 | 10 | 15708 | 15123 | 22753 | 20499 | 259 | 19954 |
The well:
- 35542, 2,587, Bruin, Fort Berthold 152-94-14D-2-13H3, middle Bakken, 67 stages; 16.1 million lbs; t6/19; cum 211K 10/19;
Production:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|
| SANISH | 10-2019 | 31 | 24436 | 24489 | 18772 | 70436 | 58672 | 7059 |
| SANISH | 9-2019 | 30 | 27487 | 27353 | 21319 | 68599 | 53897 | 10745 |
| SANISH | 8-2019 | 31 | 42452 | 42352 | 32960 | 97196 | 73225 | 19829 |
| SANISH | 7-2019 | 30 | 47019 | 47124 | 33117 | 79905 | 7329 | 68087 |
| SANISH | 6-2019 | 30 | 62814 | 63056 | 54599 | 105832 | 27936 | 75285 |
| SANISH | 5-2019 | 7 | 7068 | 6452 | 15410 | 10082 | 223 | 9709 |
The entry in the well production records of "RUNS" seems to have significance in the logs. I wonder if you might explain exactly what a "RUN" is and what its importance is in the well production records.
ReplyDeleteThank you for your blog,
Bob Crandall
Back in 2012, I did not know for sure, either, what "runs" meant:
Deletehttp://themilliondollarway.blogspot.com/2012/02/random-note-on-oil-patch-jargon-runs-vs.html
But since then it is very clear:
Production: amount of oil that the well actually produced.
Runs: the amount of oil that was sold.
"Runs" comes from the old days when oil was put in bbls and placed on a truck and then the truck took the oil to the refiner where it was processed. Each truckload was called a "run" and that term stuck.
Even if a well is on the confidential list, if any oil is sold, that number ("runs") must be published. If a well is on the confidential list and producing oil, as long as no oil is sold from that well, the production is kept confidential. However, is any oil is sold, that must be reported, although the amount of oil sold will very likely differ from the actual amount of oil sold, although it may not vary by much.
Let me know if this raises other questions.
The "runs" must be reported because from the runs is determined the amount of royalties paid to mineral owners, the state, the federal government, etc.