Stockyard Creek Update -- Gary 1-24H

UPDATE: here's the press release for the following story. Yippee! Time: 8:30 p.m. EDT, September 29, 2010. The press release also mentions Earl 1-13H, which is one mile east of Gary 1-24H, on the north side of the highway (see note below for more detailed information).  Early 1-13H was spudded yesterday and Zavanna expects to reach total depth in 17 days. Gary 1-24H was a 20-stage frack.

ORIGINAL POST (About 9:15 p.m., September 29, 2010)

I'm being told that "Samson made an annoucement this evening on the Gary 1-24H well (file # 18824) in the Stockyard Creek field. It came in at about 1,600 boepd. And I believe about 2 MMCF per day." I have not seen the "official statement" yet.

I have no mineral rights, and I know the "work" is called "work" for a reason, but I bet the roughnecks drilling this well, and the engineer on site, and the site manager, and everyone else involved, must just have a great feeling when a well comes in.  I would think even on the worse North Dakota winter night (and we're not there yet by any means), the workers cheer when a well comes in. Maybe I'm wrong. But I like to think that no one takes all their work for granted. 

Congratulations to those involved with Gary 1-24H.

If you want to see it, the well is about 315 feet -- yup, feet -- south of State Highway 1604, about 10 miles east of Williston. I assume there's a flare. You will see some wonderful scenery in the rolling hills; watch out for lights coming over the hill!

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I've posted this before, but I felt in the mood to post it again and watch it again. For all the truck drivers:

The Lights On Hill Were Blindin' Me, Slim Dusty (Australia, Outback; not the Bakken)This song was written by wife Joy. They were driving through a rainstorm in the Blue Mountains around Sydney when she got the idea. She put it on tape and Slim later erased it. Joy was furious. Slim reluctantly recorded it, and it was released by his record company after he had gone on tour. When his fans started saying how good his new single was, he was baffled. Until he called his record company to find out what was going on.

*****

By the way, this was the story in Rigzone, regarding Gary 1-24H, back in June, 2010:

Samson O&G updated its prior reports on the exceptional growth in oil production and reserves that it has achieved in the Williston Basin. Having just drilled its third Middle Bakken well (Gary #1-24H), which followed the previously drilled Leonard #1-23H, and Gene #1-22H wells, Samson announced that the next well in the sequence will be the Rodney #1-14H.

As a result of the drilling and fracture stimulation of this sequence of wells, Samson expects to be producing a net 6,000 barrels of oil equivalent a month as at December 2010. The projected December 2010 production rate is based on the data gathered from the Gene 1-22H well projected forward using conservative decline curve methodology. The projection assumes that the other wells making up the sequence perform like the Gene 1-22H well and are drilled and stimulated in a timely manner.

Rodney 1-14H is right across the road from Gary 1-24H, on the north side of the road.

Not The Bakken -- Drudge Report -- CAT Said It Would Hire More Workers if Stimulus Bill Passed -- It Passed -- And CAT Hires More Workers: In China

Yup, I can't make this stuff up.

Caterpillar said it would hire more workers if Congress passed the stimulus bill.

The stimulus bill passed and Caterpillar keeps its word.

CAT is hiring more workers. For its new factory in China. 

13 More Permits Today

Thirteen new permits today, thirteen different drillers and thirteen different fields or wildcats:

• Enerplus, McGregory Buttes
• Encore, Charlson
• Marathon, Bailey
• Continental, Haystack Butte
• Oasis, Cotonwood
• Brigham, Todd
• QEP, Deep Water Creek Bay
• Cornerstone, Wildcat
• G3, Wildcat
• Baytex, Ambrose
• Sagebrush, Wildcat
• Newfield, Wildcat
• Hunt, Parshall

Quite a story still going on in the Bakken. On track for 1,437 new permits in calendar year 2010.

*****

And this is interesting: Ward-Williston re-entered a dry hole that was drilled back in 1965 with a file number of #3988,  Anderson 1 in Bottineau County. It was permanently abandoned in 1984. It was re-spud and completed August, 2010, but was dry. The original well produced slightly less than 28,000 bbls over its lifetime.

US Oil Inventories Fall; Increase Had Been Expected

Crude inventories fell 2.4 million barrels last week, the American Petroleum Institute said late Tuesday while analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos., had forecast an increase of 2.2 million barrels. Inventories of gasoline rose while distillates fell, the API said.

The US Energy Information Agency will issue it's own report later today.