Wednesday, March 18, 2020

Five Wells To Come Off Confidential List Today, Including Three Incredible CLR Uhlman/Pittsburgh Wells -- March 18, 2020

Three articles of interest:
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Back to the Bakken

Active rigs:

$25.083/18/202003/18/201903/18/201803/18/201703/18/2016
Active Rigs5665584732

Wells coming off the confidential page -- Wednesday, March 18, 2020: 41 for the month; 212 for the quarter, 212 for the year:
  • 36857, drl, Resonance Exploration, Resonance Greene 15-23H, Wildcat, a Madison well; t--; cum --;
  • 36301, SI/NC, BR, Renegade 34-15TFH-R, Sand Creek, t--; cum --;
  • 36143, A, CLR, Uhlman Federal 10X-7H, Banks, t--; cum 72K 1/20; 70K in 1/20;  see production data below;
  • 35161, A, CLR, Uhlman Federal 9-7H1, Banks, t--; cum 28K 1/20;
  • 34850, SI/NC, CLR, Pittsburgh 7-18H1, Banks, t--; cum 28K 1/20;
RBN Energy: School of Energy will go virtual. Now, easier than ever to attend.

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Early Production Data For CLR Wells Reporting Today

36143, 33-053-08964: middle Bakken, 11.4 million gallons of water; 89.1% water by mass; friction reducer, 0.06068; fracked 7/25/19 - 8/7/19:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20203169939697684896095650936451855
BAKKEN12-201911930188213452522247510
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-20194439439197469406

35161, 33-053-08641, first bench, Three Forks, 9 million gallons of water; 89.1% water by mass; 0.06778, friction reducer;fracked 8/17/19 - 8-27-19:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020282788427818677534775846755928
BAKKEN12-201918398182256147814506
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-2019423923936395990599

34850, 33-053-08509, first bench, Three Forks, 9.7 million gallons of water; 89.4% water by mass, 0.05923, friction reducer; fracked, 6/3/19- 6/21/19:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020312677026707500434013539293779
BAKKEN12-201928348131591105410354
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-2019443543523014930493

2 comments:

  1. The more I read this, and from former history, and your commentary, I think this low has everyone scared. Saudi will never export 12.0 million or 13.0 million barrels. Most of the excess will be stored for future gain. The low price, will be life-blood for the economies to come out of recession and there will be a big blink, maybe in June.

    Fun times.

    ReplyDelete
    Replies
    1. You may recall that several dozen posts ago, I used the phrase "head fake."

      I wrote:

      Head fake: by the way, have contracts been signed by Saudi Arabia and the European refiners for $25-Brent oil? If so, how far out have the contracts been signed?

      https://themilliondollarway.blogspot.com/2020/03/daily-note-part-1-march-12-2020.html.

      Delete