Sunday, April 18, 2021

MRO Reports Another Huge Well In The Bakken -- Extrapolates To 114,000 Bbls Over 30 Days -- April 18, 2021

"Preliminary" data for this well has been reported often on the blog in the past few weeks. Now we have the "official" word. And it's huge. 

Added later: not only that, the parent well seems to be doing very, very well, contrary to what many have opined in the past, and it appears the daughter well will be a much bigger well than the parent well. But again, remember, I am inappropriately about the Bakken. One assumes the "parent" well has long been paid for.  

Added later: see more about these wells at this post.

The well:

  • 36922, AL/A,  MRO, Lang USA 41-8TFH, Reunion Bay, first production, 10/20; t--; cum 206K 2/21. The MRO L-O-T-V pad is tracked here. Note: 64,505 bbls over 17 days extrapolates to 113,832 bbls of crude oil over 30 days; 26,150 bbls over 8 days extrapolates to 98,063 bbls of crude oil over 30 days.
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-20212827922279882452762227592512790
BAKKEN1-20213131653317823043447235453631741
BAKKEN12-20203055580554865119873570702600
BAKKEN11-2020826150265392202530526289830
BAKKEN10-202017645056360767387679184402020158

On another note, just out of curiosity, how is this "daughter" well doing in comparison to the "parent" well? Remember, the experts tell us that the "daughter" wells in the shale will do significantly worse than the "parent" wells, and, furthermore, could irreparably damage the parent wells. So, let's look.

The parent well in this case:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-2021285396537537911014714297
BAKKEN1-202126389438532840623478143
BAKKEN12-20200000000
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-20202513591758693152701303
BAKKEN2-2020516001301800153
BAKKEN1-20200000000
BAKKEN12-20190000000
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-20190000000
BAKKEN8-20190000000
BAKKEN7-20190000000
BAKKEN6-20190000000
BAKKEN5-20190000000
BAKKEN4-20190000000
BAKKEN3-20190000000
BAKKEN2-20190000000
BAKKEN1-20191673676523079830640
BAKKEN12-2018311561150847718271228323
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2 comments:

  1. AnonymousApril 19, 2021 at 7:35 AM

    1. I love the Bakken too. But, you can't make a generalization, off of a cherry-picked single example. Instead, you need to do an overall comparison.

    2. Note: Rystad says it is true that many daughters are as good (or even better) than old parent wells, but that is because of the shift in technology (bigger fracs) over time. If you look at same completion method, there would still be a general worse performance of later secondary wells in units that have had a parent running, depleting pressure. CLR backs them up as well with their spacing studies, showing that per-well performance drops as you downspace. This is not the end of the world of course. But is normal in oil/gas. Drilling Info also did a systematic study showing tighter spacing lowers production from same vintage wells..

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    Replies
    1. Bruce OksolApril 19, 2021 at 9:14 AM

      Well, that's a bummer. And, yes, those would be the experts.

      Delete

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