Sunday, April 11, 2010

American Energy: Request for 16 Wells in Williams County

Remember American Energy? The company recently announced they would sell all assets in the Wyoming Powder River Basin and become a Bakken pure play energy company.

It didn't take long for American Energy to act. AEZ requested permission to drill 16 wells in Williams County; see the NDIC April dockets:

Case 12392: American Oil and Gas, 16 wells in Williams Country.

Specifically: "...establishing sixteen 1280-acre drilling or spacing units consisting of Sections 30 and 31, T.158N., R.96W.; Sections 6 and 7, T.157N., R.96W.; Sections 1 and 12; Sections 2 and 11; Sections 3 and 10; Sections 5 and 8, T.157N., R.97W.; Sections 14 and 23; Sections 25 and 36; Sections 26 and 35, T.157N., R.98W.; Sections 5 and 8; Sections 17 and 20; Sections 26 and 35, T.156N., R.97W.; Sections 17 and 20; Sections 18 and 19; Sections 29 and 32, T.156N., R.98W.; and Sections 4 and 9, T.155N., R.97W., Williams County, ND;..."


This area is completely undeveloped; no activity in the immediate area. If any success here, American will open up a whole new area, adjacent to the Midway and Ray oil fields, both of which are very small and relatively inactive. 


American currently has four wells of interest:




SUMMERFIELD 15-15H (2,178 bopd)SWSE 15-T147N-R96W (Bear Creek)


BERGSTROM 15-23H (3,049 boepd)SWSE 23-T156N-R98W (wildcat)




RON VIALL 1-25H (2,844 boepd)SWSE 25-T156N-R98W (wildcat)


TONG TRUST 1-20H (1,421 bopd)SWSE 20-T157N-R96W (Ray oil field)


The two wildcats are just a few miles west of the Ray oil field.

I don't own any shares of AEZ, but I truly hope these are all good wells. You have to give AEZ a lot of credit for "going all in" -- with these wildcat wells in this area of the Williston Basin.

An Orion Belt in Oakdale Oil Field

CLR has four new permits that line up perfectly to form an Orion Belt in Oakdale oil field, southwest of the Fort Berthold Indian Reservation, in section 26-T147N-96W.

They are:
18858, Morris 3-26H
18859, Carson Peak 3-35H
18860, Morris 2-26H
18861, Carson Peak 2-35H
The Morris wells will go north (sections 26 -23) whereas the Carson Peak wells will go south (sections 35 - 2). I assume they are long laterals based on other wells in the immediate area.

Bear Creek Oil Field

Updates

Permits

2018 (as of September 16, 2018)
34559, conf, XTO, Bobcat Federal 11X-2F2-S, Bear Creek,

2017 (the list is complete)
34360, conf, XTO, Bobcat Federal 11X-2E-S, Bear Creek,
34359, conf, XTO, Bobcat Federal 11X-2A-S, Bear Creek,
34358, conf, XTO, Bobcat Federal 14X-35EXH, Bear Creek,
34357, conf, XTO, Bobcat Federal 14X-35AXB, Bear Creek,
34356, SI/NC, XTO, Bobcat Federal 14X-35A, Bear Creek,
34355, SI/NC, XTO, Bobcat Federal 14X-35E2, Bear Creek,
34162, SI/NC, XTO, Pelton Federal 11X-35BXC, Bear Creek,
34161, SI/NC, XTO, Pelton Federal 11X-35G2, Bear Creek,
34160, SI/NC, XTO, Pelton Federal 11X-35C, Bear Creek,
34159, SI/NC, XTO, Pelton Federal 11X-35GXH, Bear Creek,
34158, SI/NC, XTO, Pelton Federal 11X-35D, Bear Creek,
34157, SI/NC, XTO, Pelton Federal 11X-35H2, Bear Creek,
34095, SI/NC, CLR, Colter 8-14H1, Bear Creek,
34094, SI/NC, CLR, Colter 7-14H, Bear Creek,
34016, SI/NC, XTO, Pelton Federal 11X-35F, Bear Creek,





2016 (the list is complete)
32897, SI/NC, CLR, Colter 14-14H,
32896, SI/NC, CLR, Colter 13-14H1
32895, SI/NC, CLR, Colter 12-14H,
32894, SI/NC, CLR, Colter 10-14H2,
32893, SI/NC,32CLR, Colter 10-14H,
32892, SI/NC, CLR, Colter 9-13H,
32756, 1,025, XTO, Bear Creek 31X-3F2, t5/18; cum 38K 7/18;
32755, 1,400, XTO, Bear Creek 31X-3BXC, t5/18; cum 58K 7/18;
32754, 2,468, XTO, Werre Trust Federal 31X-3FXG, t10/17; cum 76K 7/18;
32753, 2,556, XTO, Werre Trust Federal 14X-3C, t10/17; cum 104K 7/18;
32502, 1.086, XTO, Werre Trust Federal 14X-34AXD-S, t5/18; cum 58K 7/18;
32501, 1,884, XTO, Werre Trust Federal 14X-34EXH2-S, t5/18; cum 86K 7/18;
32500, 2,717, XTO, Werre Trust Federal 14X-34AXD-N, t5/18; cum 87K 7/18;
32499, 1,071, XTO, Werre Trust Federal 14X-34EXH2-N, t6/18; cum 61K 7/18;
32481, SI/NC, XTO, Werre Trust Federal 14X-34A,
32480, 2,653, XTO, Werre Trust Federal 14X-34E, t5/18; cum 71K 7/18;
32479, 2,701, XTO, Werre Trust Federal 14X-34AXB, t7/18; cum 25K 7/18;

2014 (the list is complete)
32380, SI/NC, XTO, Werre Trust Federal 21X-3A,
32379, SI/NC, XTO, Werre Trust Federal 21X-3E,
32378, 2,540, XTO, Werre Trust Federal 21X-3B, t6/18; cum 104K 7/18:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20183143782442504888321876659015095
BAKKEN6-201830536795275955199000
BAKKEN5-20186283421422641000
BAKKEN4-201812602860000
BAKKEN3-201816311830720000


32367, 1,905, XTO, Werre Trust Federal 21X-3F2-N, t5/18; cum 68K 7/18;
32366, 1,735, XTO, Werre Trust Federal 21X-3B-N, t5/18; cum 64K 7/18;
30835, 408, XTO, TAT State Federal 14X-36H, t10/16; cum 206K 7/18;
30834, IA/326, XTO, TAT State Federal 14X-36D, t12/16; cum 74K 7/18;
30833, IA/630, XTO, TAT State Federal 14X-36G, t6/17; cum 111K 7/18;
30832, 245, XTO, TAT State Federal 14X-36C, t7/17; cum 168K 7/18;
30831, 963, XTO, TAT State Federal 14X-36B, t7/17; cum 287K 7/18;
30830, 485, XTO, TAT State Federal 14X-36E, t7/17; cum 105K 7/18;
30829, 1,221, XTO, TAT State Federal 14X-36A, t7/17; cum 291K 7/18;
32221, 962, XTO, Little Pete Federal 41X-3HXE2, t7/17; cum 130K 7/18;
32220, 1,080, XTO, Little Pete Federal 41X-3DXA, t7/17/ cum 178K 7/18;
32219, 816, XTO, Little Pete Federal 41X-3H, t7/17; cum 174K 7/18;
32218, 888, XTO, Little Pete Federal 41X-3D, t7/17; cum 182K 7/18;
32217, 812, XTO, Little Pete Federal 41X-3G2, t7/17; cum 141K 7/18;

2013 (list is complete)
26721, 1,268, CLR, Colter 6-14H2, t3/14; cum 435K 7/18;

2012 (list is complete)
24517, 992, Hess, LK-Summerfield-147-96-15H-4, t7/14; cum 278K 7/18;
24515, 1,317, Hess, LK-Summerfield-147-96-15H-2, t6/14; cum 307K 7/18;
24431, 1,113, CLR, Colter 5-14H3, t6/13; cum 297K 7/18;
24061, AB/26, CLR, Colter 4-14H-4, t6/13; cum 19K 8/15;
24060, 256, CLR, Colter 3-14H-2, t6/13; cum 115K 7/18;

Original Post
When a relatively small player in the Bakken reports three monster wells in a relatively quiet oil field all on the same day, maybe it's time to take a look at that oil field. Denbury reported the three monster wells (two short laterals, one long lateral); two Denbury wells waiting to be fracked; and DNR is drilling two wells (not all of these wells are in Bear Creek; two are in Murphy Creek and one is in the Charlson).

The Bear Creek oil field is a relatively small field, all of 19 sections, directly west of the southwest corner of the Fort Berthold Indian Reservation.

Currently there are ten horizontal producing wells, all but two short laterals. Three of them are still on the confidential list according to the GIS map server but in fact were reported in the Denbury link above.

This area was active in the previous boom as evidenced by several vertical wells that are still producing and have file numbers in the 10500 to 12000 range. Two file numbers, #10749 and #11365, were obviously filed before this current boom but are horizontal wells. My database does not go back that far and I don't subscribe to any premium service at the NDIC so I can't add much information to these wells.
The 11365: Brandvik 11-2, spudded in October, 2002. Interesting: a horizontal spudded back in 2002; the Madison was entered in 2000, cum of 120K 7/12; still producing; the Duperow was entered 1985; produced 26K, PNA;[update, September 16, 2018: no more production; the well is AB]
The 10749: Wild Turkey Federal 1-22H, the Duperow was entered in 1985; produced 129K now abandoned; the Bakken was entered in 2008; IP of 439; t2/08; cum 215K 7/18;
There is currently one rig on site inside the Bear Creek field: #18725, Summerfield 15-15H, American Oil and Gas.

Bakken Stories of the Week for Week 14

Week 14, 2010 (April 6 - Apr 12, 2010)

1.  EOG drilling Spearfish wells in less than four (4) days at a cost 1/5th that of a Bakken well. 

2. Denbury reports three monster wells in Bear Creek oil field. 

3. EOG reports a well with only 68 bopd (IP) in the Parshall. 

4. BEXP new share offering is oversubscribed

5. Slawson putting third well on one pad; targets the TFS. 

6. EOG reports estimates that its proved reserves have increased 5-fold in the past year. 

7. BEXP bests Hess in rights to lease. 

DNR Update -- Again, Huge IPs

In addition to much information on CO2 EOR, the latest Denbury presentation reported the results of three completed wells:

18112, 1,681, DNR, Porcupine Ridge 14-35X, Sanish
18089, 1,885, DNR, Porcupine Ridge 11X-2H, Bakken
18294, 2,532, DNR, Werre Trust 44-34H, Sanish

These wells are all in Bear Creek oil field and were completed in 2010. The Porcupine wells were short laterals with 12 frac stages; the Werre Trust well was a long lateral with 19 frac stages.

There is a lot happening in the Bakken, but we are getting so used to "big numbers" it seems no one gets excited any more. But these are huge IPs, and yes, operators/drillers are changing their methods of calculating IPs (in some cases) but they are still huge.

In addition to these completed wells, DNR has two wells waiting to be fracked
Beckhert 24-7H, a long lateral in Murphy Creek to be stimulated with 20 frac stages; and,
Swanson 31-33SWH, a short lateral in Charlson to be stimulated with 9 frac stages.
They will both be fracked before the end of April. Note the interesting designation for the Swanson well. The "S" stands for "Sanish." But I don't know what the "W" stands for: well? SW = Sanish Well?

And, in addition to all that, DNR is drilling these two wells, both Bakken:
Hanson 11-12H, Murphy Creek, long lateral, 21 frac stages planned.
Gilbertson 11-26H, Charlson, short lateral, 9 frac stages planned.
It's interesting to note that DNR is increasing the number of frac stages with each successive long lateral well.