Sunday, August 4, 2019

Six Wells Coming Off Confidential List This Weekend, Today -- August 5, 2019

Question: conventional wells or unconventional wells -- which have a higher ratio of produced water, conventional wells or unconventional wells? What is the ratio of produced water-to-oil in conventional wells compared to that of unconventional wells? [PWOR = produced water-to-oil water.]

The answer will be posted Monday, August 4, 2019, sometime during the day after I get caught up with the news that came out over the weekend.

Originally posted here, so some answers/replies will be at that post. 

On another note, 99.9999999%+ Americans can be thankful they had an uneventful weekend. Huge condolences to the families in Dayton, OH, and El Paso, TX.

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Back to the Bakken

Wells coming off the confidential list over the weekend, today -- 

Monday, August 5, 2019: 8 for the month; 57 for the quarter;
  • 35982, SI/NC, Sinclair, Uran 7-15H, Sanish, no production data,
  • 34939, SI/NC, Hess, EN-Kulczyk-154-94-2029H-12, Alkali Creek, no production data,
  • 34895, 887, Kraken, Pocasset LE 29-32 1H, Oliver, t2/19; cum 103K 6/19; a nice well;
Sunday, August 4, 2019: 5 for the month; 54 for the quarter;
  • None.
Saturday, August 3, 2019: 5 for the month; 54 for the quarter;
  • 34940, SI/NC, Hess, EN-Kulczyk-154-94-2029H-2, Alkali Creek, no production data;
  • 34155, 537, Oasis, Aagvik 5298 14-26 13BX, Banks, t2/19; cum 156K 6/19; huge well;
  • 34035, 138, Petro Harvester Operating Company, LLC, FLX3 28-33 163-91 D, Portal, a Madison well; t5/19; cum 7K 6/19; a nice well for a Madison well; I might come back to this one; it's a horizontal Madison well;  huge amount of water in first two months; flowback/produced/
Active rigs:

$54.978/5/201908/05/201808/05/201708/05/201608/05/2015
Active Rigs5864583474

RBN Energy: why Enterprise's offshore crude export terminal reached FID.
The news has been out for a few days now: Enterprise Products Partners announced last Tuesday, July 30, that, thanks to new agreements with Chevron, the midstream company has made a final investment decision to proceed with its Sea Port Oil Terminal (SPOT) about 30 miles off the coast of Freeport, TX, pending regulatory approvals. Being out front on this is critically important; even with significant growth in crude oil export volumes through the early 2020s, only one or two new export terminals capable of fully loading Very Large Crude Carriers (VLCCs) are likely to be needed. What was it that enabled Enterprise to move first among a wave of proposed projects? And what does that tell us about the VLCC-ready export terminal projects being advanced by others? Today, we look at the SPOT project and the important roles that existing pipeline and storage infrastructure play in export terminal development.
All indicators point toward sharply higher crude oil exports from Gulf Coast terminals over the next few years. U.S. production now averages more than 12 MMb/d; domestic refineries can’t use any more of the light sweet crude that major U.S. shale plays are producing in record volumes; new oil pipeline capacity from the Permian and the Cushing, OK, crude hub to the coast is coming online; and — while marine docks in Texas and Louisiana can handle current export flows (an average of 2.5 MMb/d so far this year, according to RBN’s Crude Voyager report) — they may soon be overwhelmed if more export capacity isn’t added. We’ve been discussing all this in a number of blogs over the past year or so, where we looked at the new terminals being proposed (most of them in deep water off the Texas coast) to fully load VLCCs — those deep-draft, 2-MMbbl behemoths that many shippers prefer for long-distance crude hauling because of their economies of scale. (We updated that series in early July with a look at two recent entrants in the race to build VLCC-ready export facilities: Sentinel Midstream’s Texas GulfLink project in the waters off Freeport, TX, and Phillips 66’s proposed Bluewater Texas Terminal off Corpus Christi.)

The Bakken Never Ceases To Amaze Me; Slawson's Newer Submariner Wells Are Starting To Report -- Huge Wells -- August 4, 2019

I was bored tonight, waiting for the British comedies to come on around midnight. I had spent the evening biking and now I was home. I noted that the NDIC has posted 6/19 production data so I was simply checking around.

Completely random, running out of wells to check, so I thought, "hey, why not look at the Slawson Submariner Federal wells?"

First one I checked:
  • 19368, 115, Slawson, Submariner Federal 1-23-24H, Van Hook, t8/11; cum 429K 5/19; nice jump in production; 
As you can see I noted a "nice jump in production in 5/19."

So, what is it doing now? Glad you asked. Here is the current production profile updated:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN6-201930129491244517946884607292
BAKKEN5-201924892796499847599804925
BAKKEN4-2019918931366470127401028
BAKKEN3-201918503253414005335002728
BAKKEN2-20194234717841461156501297
BAKKEN1-20198368645763646245002021
BAKKEN12-201812395131404155284102333
BAKKEN11-201813632357264761400903309
BAKKEN10-20180000000
BAKKEN9-20180000000
BAKKEN8-20181143191500
BAKKEN7-2018964785124851738123
BAKKEN6-201830223720868671724793542

That represents a 6-fold jump in production from 6/18, one year ago. 

These are turning out to be huge wells. They are tracked here; one well produced in excess of 50K in one month, and several others are similarly exciting.

So, now, the well with production updated:
  • 19368, 115, Slawson, Submariner Federal 1-23-24H, Van Hook, t8/11; cum 443K 6/19; nice jump in production in 5/19; and then again in 6/19;

The CLR Steele Wells In Banks Oil Field

Several Steele Federal wells are now on drl status.
  • 31520, drl, CLR, Steele Federal 5-24H1, Banks,
  • 31521, drl, CLR, Steele Federal 6-24H, Banks,
  • 31522, drl, CLR, Steele Federal 8-24H1, Banks,
  • 31523, drl, CLR, Steele Federal 9-24H, Banks,
  • 27551, 896, CLR, Steele Federal 4-24AH1, Banks, t5/15; cum 3327K 6/19; a really nice well;
  • 27550, 1,239, CLR, Steele Federal 3-24AH, Banks, t5/15; cum 365K 6/19; another really nice well;
See graphics at this post.

Several QEP Wells Coming Off Line -- Not Sure Why -- August 4, 2019

Several QEP wells in 15-150-95 have just come off line. I didn't check all of them but the following all came off line at the end of May, 2019, suggesting activity in the area to begin, but I could not find where that activity might be. The wells that have just come off line:
  • 16960, 768, QEP, Jones 4-23H, Blue Buttes, t4/08; cum 176K 5/19; off line as of 6/19;
  • 16652, n/d, QEP, Levang 3-22H, Blue Buttes, t9/07; cum 271K 5/19; off line as of 6/19;
  • 20591, 2,656, QEP, Jones 4-15/22H, Blue Buttes, t4/12; cum 624K 5/19; off line as of 6/19;
  • 29329, 2,291, QEP, Jones 15-22-16-21LL, Grail, t10/15; cum 502K 5/19; off line as of 6/19;
  • 29326, 904, QEP, Jones 3-15-22BH, Grail, t10/15; cum 273K 5/19; off line as of 6/19;
The QEP Jones wells are tracked here and were coincidentally updated last month.

Blue Buttes activity involving the following wells might be the reason, but these wells seem a bit far away to affect the wells above:
  • 35260, conf, Hess, BB-Olson-150-95-09H-7,
  • 35259, rig on site (ros) Hess, BB-Olson-150-95-09H-8,
  • 35258, conf Hess, BB-Olson-150-95-09H-9,
  • 35257, conf, Hess, BB-Olson-150-95-09H-10,
  • 35256, conf Hess, BB-Olson-150-95-09H-11,
  • 35255, conf Hess, BB-Olson-150-95-09H-1,

Two Nice EOG Wells Off Line Suggesting Activity To Occur -- Clarks Creek -- August 4, 2019

The EOG Hawkeye wells in Clarks Creek are tracked at this post but it has not been updated in a long time and a lot has changed. I have to get this back in order some day.

On another note I thought I had mentioned this before but possibly not, unless it was on my "wells of interest" blog. Whatever.

But it appears EOG is getting ready to frack some wells, or maybe they already have, because two nice wells have just come off line. The wells:
  • 22487, 67 (no typo), EOG, Hawkeye 02-2501H, Clarks Creek, t12/13; cum 846K 5/19; went offline 6/19; 3-section spacing; 1,741 acres in the spacing unit; sister well to the well announced earlier with 200,000 bbls in less than 5 months; another 15,000-ft horizontal; trip gas over 4,000 units;  
  • 22486, IA/2,421, EOG, Hawkeye 100-2501H, Clarks Creek (see stand-alone post); 3-section spacing (1,920 acres); will this be a long lateral (9,000 feet) or a much-talked-about-seldom-seen-super-long lateral (14,000 feet)? I'm betting the latter. If accurate, a huge "thank you" to a reader. This well is NORTHEAST of Watford City. [Turned out to be 25,101 feet long. Yes, a super-long lateral, almost 3 sections long.] Did Lynn Helms misspeak or was he misquoted in The Bismarck Tribune when he said there was a gusher NORTHWEST of Watford City? If there is still another gusher NORTHWEST of Watford City that is better than this well, we are talking some big wells in the Bakken, Three Forks; 47 stages; 14 million lbs of sand, 1920-acre spacing unit; t9/12; cum 781K 4/19; off line as of 4/19;
The three neighboring wells of interest, all on conf list:
  • 32488, API: 33-053-07490;
  • 32489, API: 33-053-07491;
  • 32490, API: 33-053-07492;
Let's see what FracFocus has to say: no frack data for any of the three wells;

Pop Quiz -- Produced Water To Oil Ratio (PWOR) -- August 4, 2019

Question: conventional wells or unconventional wells -- which have a higher ratio of produced water, conventional wells or unconventional wells? What is the ratio of produced water-to-oil in conventional wells compared to that of unconventional wells? [PWOR = produced water-to-oil water.]

The answer will be posted later.

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So Woke

This would be so cool to see at the new Williston airport. Obviously if not enough dedicated terminals, one or two terminals (or as many as needed) could be designated for "Oil Workers."

Idle Rambling Before I Get Back To Reading -- And A Book On Beef -- August 4, 2019

Before we get started on this idle rambling, here is the answer to the question posed at this post:


This was taken from the article at this link

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Back to Idle Rambling

The Bakken seems to be slow right now (in terms of news). If one needs any proof of that, look at the top stories post for the last week; and, look at the number of wells coming off the confidential list this next week.

Pitiful.

So, I have time for a lot of reading. Which is wonderful.

But before I do that, I just had an epiphany, thanks to a reader.

A reader happened to mention "buying habits."

Our back-and-forth discussion led me to google: why do advertisers target 25 - 45 demographic --


The second hit: Taylor Strategy.

The reader ...

[...by the way, the reader was raised in rural North Dakota; has been quite successful in life; has much more common sense than I do; and, is much more articulate than I am, so this is someone I take seriously ... okay, I take all my readers seriously ... ]

The reader wrote:
Years ago, I espoused the notion that one's life spending patterns were set at around age 45. If, at that age one was driving a Geo, it would be just plain wasteful to drive a Mercedes. However, were one to drive a Mercedes at age 45, driving a KIA would be just plain shameful. Surprisingly, my notion has held true and I've tested it against a number of people's behaviors. Of course, there are the exceptions to the "rule"....
I replied, less articulate but hopefully you get the point:
Your theory about spending habits is quite correct, I'm sure -- that's why advertisers focus so much on the 25 - 45 age demographic. That demographic doesn't have the most money; they certainly don't have the most disposable income (though many may spend like they do) but marketers want to establish buying habits by 45 when these folks will have more money.
Back to Taylor's strategy linked above. The writer is absolutely correct. However, that writer was answering a slightly different question. That writer was asking, "If, as an advertiser, you target the 25 - 45 age group, how should you target them?"

That is an entirely different question than what age group should advertisers target (yes, it certainly depends on the item being advertised...but in general ...let's talk big ticket items and/or items used through all stages of life: houses, cars, food, soft drinks, lifestyle, entertainment, insurance, computers, smart phones, clothes, etc. -- we're not talking children's toys or Depends, here)...

I think that's why successful companies market to the 25 - 45 age demographic. I do believe US seniors are the wealthiest demographic with the most time on their hands, but their lifestyle and buying habits -- as suggested by the reader -- are established by age 45.

Maybe everyone knew that except me.

Okay, back to reading:
  • Claremont Review of Books, spring issue
  • The Annotated Wuthering Heights, edited by Janet Gezari, c. 2014
By the way, for a different reader, this observation: I see the Princeton University Press has just published:
Red Meat Republic: A Hoof-to-Table History of How Beef Changed America, Joshua Specht, c. , 2019. 
It seems I've seen this book before; perhaps someone --even this reader -- recommended this book and I have completely forgotten.

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Three Books I'll Want To Peruse At Barnes and Noble

Peruse: to examine carefully at length [before buying].
  • Darwin's Doubt: The Explosive Origin of Animal Life and the Case for Intelligent Design, Stephen C. Meyer; 512 pages, $29
  • The Deniable Darwin and Other Essays, David Berlinski, 558 pages, $40
  • Debating Darwin's Doubt: A Scientific Controversy That Can No Longer Be Denied, edited by David Klinghoffer, 350 pages, $25

This Photo Worth A Thousand Words -- And A Stand-Alone Post -- August 4, 2019


By the way, this is how almost all electricity is made in the US -- from fossil fuels.

The real question: why did they not hook this charging point up to a solar panel or two, and a wind turbine or two with a diesel generator backing up the solar panel/wind turbine?

Two words: Rube Goldberg ... complicated gadgets performing simple tasks in indirect, convoluted ways.

Initial Production For Wells Coming Off Confidential LIst And Reporting Such Data -- August 4, 2019

34888, conf, Bruin, Fort Berthold 147-94-2A-11-12H, McGregory Buttes:

DateOil RunsMCF Sold
6-20191852016062
5-2019188772736
4-2019227541498
3-2019114891700

34177, conf, CLR, Ravin 9-1H,  Dimmick Lake:

DateOil RunsMCF Sold
2-20192260

34887, conf,  Bruin, Fort Berthold 147-94-2A-11-11H, McGregory Buttes:

DateOil RunsMCF Sold
6-20191380010767
5-2019200802545
4-2019240551587
3-2019196921717
2-20198341386

34895, conf, Kraken, Pocasset LE 29-32 1H, Oliver:

DateOil RunsMCF Sold
6-2019190850
5-2019217130
4-2019187000
3-2019282480
2-2019139540

34155, conf, Oasis, Aagvik 5298 14-26 13BX, Banks:

DateOil RunsMCF Sold
6-20192579052022
5-20192908276610
4-20192967772322
3-20193566684196
2-20193557899771

34035, conf, Petro Harvester Operating Company, LLC, FLX3 28-33 163-91 D, Portal:

DateOil RunsMCF Sold
6-2019452416871
5-201923257473

Wells Coming Off The Confidential List This Next Week -- August 4, 2019

Six months ago it was February in North Dakota -- perhaps the fiercest month in which to get any work done.

Monday, August 12, 2019: 14 for the month; 63 for the quarter;
None.

Sunday, August 11, 2019: 14 for the month; 63 for the quarter;
35353, conf, Hess, RS-State D-LN-155-92-0203H-1, 
34888, conf, Bruin, Fort Berthold 147-94-2A-11-12H, 

Saturday, August 10, 2019:
None.

Friday, August 9, 2019: 12 for the month; 61 for the quarter;
35839, conf, Sinclair, Sinclair State 8-36H,
34177, conf, CLR, Ravin 9-1H, 

Thursday, August 8, 2019: 10 for the month; 59 for the quarter;
None.

Wednesday, August 7, 2019: 10 for the month; 59 for the quarter;
None.

Tuesday, August 6, 2019: 10 for the month; 59 for the quarter;
34938, conf, Hess, EN-Kulczyk-154-94-2029H-11, 
34887, conf,  Bruin, Fort Berthold 147-94-2A-11-11H,

Monday, August 5, 2019: 8 for the month; 57 for the quarter;
35982, conf, Sinclair, Uran 7-15H, 
34939, conf, Hess, EN-Kulczyk-154-94-2029H-12,
34895, conf, Kraken, Pocasset LE 29-32 1H,

Sunday, August 4, 2019: 5 for the month; 54 for the quarter;
None.

Saturday, August 3, 2019: 5 for the month; 54 for the quarter;
34940, conf, Hess, EN-Kulczyk-154-94-2029H-2,
34155, conf, Oasis, Aagvik 5298 14-26 13BX,
34035, conf, Petro Harvester Operating Company, LLC, FLX3 28-33 163-91 D,

Clearing Out The In-Box -- August 4, 2019

First things first, clearing out my in box. I will post the links and maybe come back to them later. If history is any guide, once posted, I move on and forget to come back.

India: India's solution to a 100% surge in energy demand. Coal.
  • At least one Indian understands the bigger risk. Link here
Neom, again. Saudi Arabia's solar city disaster.

E-scooters: LA Times -- electric scooters are not good for the environment. Their argument is even more devastating for electric automobiles, SUVs, pick-up trucks, and semis.

Peak oiler: it's time to eliminate renewable energy mandates. The contributor provides nothing we did not already know but considering who wrote the article, this is quite incredible. It's a very, very long article with lots of supporting data.

Certfiied: Trump did win the second Dem debate