Sunday, March 15, 2020

Still A DUC, But Producing Nicely -- Statoil Sax In Banks Oil Field -- March 15, 2020

Isn't this interesting, from 2Q16 -- very, very few wells are still not completed and producing from this period, four years ago, but look at this well, the last time I looked at it:
  • 24090, TA, Statoil, Sax 25-36F 8TFH, Banks, no production data,
Now, today, we have an announcement! Still TATD (like a DUC) but we have production:
  • 24090, TATD, Statoil, Sax 25-36F 8TFH, Banks, t--; cum 46K in four months:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20202512314120512573539275296899382
BAKKEN12-2019318812909222806592381045348501
BAKKEN11-20193014456145352856333282322511031
BAKKEN10-20191586478307162271341213283129
BAKKEN9-2019417341678033903203187

From the file report:
  • spud: December 13, 2015;
  • cease drilling: February 29, 2016
  • target: Three Forks;
  • TVD: 11,258.69 feet (0.69 feet = 82.8 inches -- measured two miles down)
  • curve: 22 drilling hours, three runs; problems though: drilling started on November 11, 2015; EOC reached on February 8, 2016 (typo?)
  • lateral: began January 1, 2016; 91 drilling hours in two runs
  • gas: low
  • 98% in the zone

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