Tuesday, May 12, 2020

CLR Will Report A Huge Wahpeton Well -- May 12, 2020

This page will not be updated. The CLR Wahpeton wells are tracked here

Back on March 27, 2020, I noted that with oil prices plummeting (going to $0 in some cases), Bakken operators were not reporting production data of DUCs coming to the end of their two-year deadline. Operators were using many new classifications, such as F/A or SI/A. I noted that there really was no way to easily and/or uniformly track these wells. The best I could do was list them as they were reported, and then follow them occasionally.

Here's another great example. This CLR Wahpeton well was a DUC. At some point (the two-year deadline?) it was reported as flowing/active, but no IP. Today, I notice that the well is now on (back on?) the confidential list, something out of the ordinary. So, apparently it ran out the clock as a DUC and was then put on the confidential list. Sure enough, it shows up on the confidential list, and will come off the confidential list on July 16, 2020:
  • 35913 F/A -->conf, BR, Wahpeton 15-16HSL, 33-053-08889, fracked 12/19/19 - 12/28/19; 8.5 million gallons of water; 87.8% water by mass;; Banks, 51K first full month
Production data to date:
DateOil RunsMCF Sold
3-20205084375713
2-20201816222896
1-20203570

Neighboring, older well(s):
  • 19450, huge jump in production, see below; from 773 bbls/month to 6,312 bbls/month, an 8-fold jump;
  • 24837, no impact on production;
  • 24840, huge jump in production, see below; from 344 bbls/month to 3,725 bbls/month, an 11-fold jump;
24840:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-202031372536633320499144580
BAKKEN2-202029307129523103356731590
BAKKEN1-202081411332801731262
BAKKEN12-2019226546463470
BAKKEN11-2019303753779348527510
BAKKEN10-201931344333800131211690
BAKKEN9-201929215217492130011554


19450:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-202030347836591458501674622
BAKKEN2-20202961026065414897586198747
BAKKEN1-20207179514401514214320480
BAKKEN12-2019251207202272000
BAKKEN11-201930696795520370933040
BAKKEN10-201929703546527330929170
BAKKEN9-2019307738107193719324074
BAKKEN8-201931773786723410036810

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