Friday, March 20, 2020

The Bakken Wells Are Simply Incredible -- March 20, 2020

I'm simply posting the initial production data for the wells coming off the confidential list and here we have another one: 100K in three or four months. It's so common now, I (unfortunately) am taking them for granted. But 100K in three or four months is actually not that great any more: they aren't considered monster wells any more.
  • 34853, 1,125, CLR, Uhlman Federal 4-7HSL, 40 stages; 9.2  million lbs; Banks, t11/19; cum 101K 1/20;    
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020313912939190214415566055117140
BAKKEN12-201931280752840233920396523917178
BAKKEN11-20193026291258683281534259338645
BAKKEN10-20191068556478923899239730193
BAKKEN9-2019581081020099190919

I don't have a strict definition for a "monster" well -- it evolves over time as the Bakken evolves. But I need to see 40,000 bbls/month to get me excited any more.

The well above: 100K in three months.

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Best Bakken Blog 

A pat on my own back. Wow, I love this blog. For me, and I might be a bit biased (wow, thank goodness the Phoenicians put a "b" in the alphabet -- and to think that "B" is only 20th in the list of letters most commonly used -- but I digress) -- where was I? Oh,  yes, I might be a bit biased but in my little mind, this is the best Bakken blog on the net. Where else would you learn this bit of trivia:
  • first note, June 13, 2015:
    • 21387, 2,502 White Butte Oil Operations, LLC, Panzer 4-20MLH, original permit for a Three Forks well but name change suggesting a middle Bakken well; in January, 2014, along with the name change (from TF to middle Bakken), Slawson also requested a revision "to allow for an additional lateral, would submit a revised plan for a single lateral plan"; in July, 2014, the thee Panzer wells were transferred to White Butte Oil from Slawson; the business address for Slawson and White Butte were identical, 1675 Broadway, Suite 1600, Denver, CO.; and that connects the last dot. 
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Speaking of Slawson 

This is a hard well for me to understand:
  • 18199, 290, Slawson, Zulu 1-21H, Van Hook t12/09; cum 210K 1/20;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020293753363215313967337652
BAKKEN12-201931454546211984572150850
BAKKEN11-201930303630771486340329283
BAKKEN10-2019313123302217743093259016
BAKKEN9-2019293378356024143061253814
BAKKEN8-2019314332419933734205355331
BAKKEN7-201931472847894151454138750
BAKKEN6-20193050874959459643242923702
BAKKEN5-20193163476432758255364555145
BAKKEN4-2019306398650673545536468023
BAKKEN3-2019315525553710188508143400
BAKKEN2-201917143113514057116883895
BAKKEN1-2019212705235761811900661849
BAKKEN12-20180000000
BAKKEN11-20180000000
BAKKEN10-2018735860618038428724
BAKKEN9-20183014051441727176214620
BAKKEN8-20183114701333566194116280
BAKKEN7-20183114591409616217118590

Initial production back in 2009:

BAKKEN7-201031252425458286052950
BAKKEN6-201030290529581235232120210
BAKKEN5-201031341733411948296826580
BAKKEN4-201028467547931790296726870
BAKKEN3-20101328882759209610919610
BAKKEN2-20102316831618111423000
BAKKEN1-2010312432234783331000
BAKKEN12-20093140064431220331000
BAKKEN11-20092150204298383921000
BAKKEN10-200912603861000

This well has had so many ups and downs, I may have to add another category of wells in the Bakken: the roller coaster wells.

This well produced 4,000 bbls in its first full month. Pathetic.

Recently, ten years later, it's producing as much as 6,000 bbls in a month. The numbers are too low to suggest a re-frack, so let's look at the map. There are six Zulu wells, and several Fox/Shakfox wells in the area but nothing particularly noteworthy. Just a lot of activity over the years, and that probably explains the "crazy" production profile. Full production profile is here. 

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