But that's about all the good news. Of the 13 wells that came off the confidential list over the weekend, eight (8) of them only reported "DRL" status. Apparently they are still waiting to be fracked, and no production data is available.
A second "Oil for America" well was released from confidential status over the weekend, but still no production data:
- 19272, DRL, Oil for America, Wolf 29-1, Wildcat, Lodgepole
- 19258, 75, Oil for America, Zastoupil 22-1, Wildcat, Lodgepole; well status - IA, 3/11.
From the well file, the Zastoupil was drilled in slightly less than five (5) days. The depth was about 9,651 feet. The NDIC report notes that 75 bbls of oil were produced over one day, in March, 2011. This well is on 160-acre spacing.
Other than the spud date of September 6, 2010, and 160-acre spacing, there was no other pertinent information regarding the Wolf well.
I have been watching the Zastoupil 22-1 but have not seen any production numbers. Just wondering where you saw the 75 bbls a day report on the NDIC sight.
ReplyDeleteWith a basic subscription service to NDIC site, one can access production runs as reported by the company to NDIC. One can also access copies of the original well file paperwork.
ReplyDeleteI didn't see anything with regard to production in the well file paperwork, but the production run showed "one" day, 75 bbls of oil; 0 runs; 0 bbls water; 0 natural gas produced. Of course these numbers are so low, and they could have shut the tap as soon as they saw they had oil. I would not read anything into the "75 bbls" except there is oil there. Whether it amounts to anything or not, time will tell.
whats with the long shut in on the zastoupil well???
ReplyDeleteI have no idea; very disappointing to say the least.
ReplyDeleteMaybe someone else can shed some light on this one; I certainly cannot.
any new news on the zastoupil well,its been a while,seems odd
ReplyDeleteAccording to the NDIC, the Zastoupil 22-1 produced 75 bbls of oil on one day in March, 2011. Since then, there has been absolutely no production. No production in April or May (that's as recent as the data exists for this well over at the NDIC site). No oil, no natural gas. The status of the well is still listed as "F" -- flowing, no pump; not shut in or abandoned; simply flowing, and producing nothing for the past 2 months.
ReplyDeleteYes, it is strange, and interesting that nothing more is forthcoming.
heard there is some activity on zastoupil well,is it true???
ReplyDeleteIf so, it would be about time. Zastoupil does show up again in the September NDIC hearing dockets, for temporary spacing, I believe.
ReplyDeleteI've given up "holding my breath" on the Zastoupil. I cannot believe how long they've been able to keep that well on DRL status, as well as the other Oil for America wells.
I was excited when I first read about these wells, but have since lost interest --- until / unless we actually get some earth-shattering news. The wait has been long enough.
does anybody know if this oil for america has a good track record?
ReplyDeleteI had a pretty extensive blog on "Oil for America" a long time ago; all are experienced oilmen, but I believe "Oil for America" is a new entity with no track record until these wells in North Dakota. At least that's what I remember, but I could be wrong.
ReplyDeletewhat could a well like this produce per day
ReplyDeleteMaybe I'll do a stand-alone post on this well since you asked, but in case I don't get to it, here are some data points.
ReplyDeleteThe Roger Sorenson 8-5 1H, file # 19070, Alger field (a very good Bakken field):
Tested, November 27, 2010 (eight months prior to most recent report).
This well has produced 99,970 bbls in less than 8 months of production.
In July, 2011, it produced 7,500 bbls (30 days, not 31 days of production), compared to 23,002 bbls it produced in December, 2010, the first full month of production (and thus, an example of the Bakken decline rate).
7,500 divided by 30 days = 250 bbls/day.
Although the decline rate is horrendous, production will level out.
Bakken wells are expected to produce 25 - 35 years (some have said as long as 39 years). Once the well is put on a pipeline (for oil and natural gas) the operating expense is small.
The average Bakken well is projected to produce 603,000 bbls over the life of the well.
The jury is out whether high IPs are better in the long run or not, but in at least three corporate conference calls, it was clearly stated that higher EURs are preferable to the alternative.
has there been any new news on the zastoupil well?
ReplyDeleteNot that I am aware of.
ReplyDeleteThe Wolf well is shut in and has no production data.
ReplyDeleteany info on the zastoupil well in 2012???
ReplyDeleteIf we're talking about Zastoupil 22-1, permit 19258, the well is now listed as "IA" at the NDIC site: Inactive. There has been no production in most recent 6 months reported. Last production was 8 bbls on one day back in June, 2011.
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