I compared the IPs and cumulative production of the EOG wells and Whiting wells within a few miles of each other.
I looked at all the EOG wells in the nine sections in the southwest corner of T153N-R90W (Parshall oil field) and all the Whiting wells in the southeast corner of T153N-91W (Sanish oil field). East to west, these wells are less than six miles apart, all in the same latitude.
All data taken from NDIC file reports (no corporate presentations, or press releases).
The EOG wells were all short laterals; the Whiting wells were all long laterals. Here are the results, file numbers, IPs, cumulative oil produced, and IP test date:
EOG wells:
- 17042, 492, 252K, 11/22/08
- 18315, 102, 27K, 4/24/10 -- compare with WLL's 18481 below
- 17142, 1,055, 274K, 9/16/08
- 17366, 553, 224K, 11/6/08
- 18807, 467, 21K, 6/30/10 -- seven months and only 21K; this is the Parshall; recent well
- 18808, 665, 15K, 11/10/10
- 17129, 610, 218K, 12/22/08
- 17732, 895, 170K, 6/16/09
- 16746, 1,523, 226K, 6/21/09
- 17019, 732, 194K, 6/18/09
- 17121, 800, 175K, 8/4/09
- 19317, 213, 5K, 11/5/10 -- this one is concerning; very prolific Sanish; a very low IP; total cumulative less than 5K in 2.5 months
Whiting wells:
- 18136, 1,455, 140K,11/1/09
- 16731, 1,323, 359K, 12/16/07
- 17586, 2,004, 246K, 12/8/08
- 16780, 2,247, 330K, 1/24/08
- 17575, 3,260, 356K, 2/3/09
- 18481, 2,672, 168K, 5/9/10 -- less than a year; paid for at the wellhead
- 17253, 2,045, 283K, 9/18/08
Note: I thought EOG had an earlier start than WLL in the Bakken but in this area, WLL had the earlier well. WLL had to drill only 7 wells to exceed (slightly) EOG's 12 wells. Granted, long laterals are more expensive then short laterals, but probably not significantly.
Size of the field:
- The Parshall field is about 211 sections.
- The Sanish field is about 192 sections.
- Total cumulative for the entire Parshall field (first month of production: May, 2006): 44 million bbls.
- Total cumulative for the entire Sanish field (first month of production: April, 2006): 28 million bbls.
- Sanish field: 8 rigs on site; about 20 additional wells where drilling is almost complete
- Parshall field: 3 rigs on site; one additional well where drilling is almost complete
Disclaimer: this is not a precise review. I may have missed some wells in these sections; the size of the fields may have changed slightly since I last reviewed them. Numbers have been rounded, and there may be typos.
Very disappointed in the IP on the Dietz well. That was posted on the Activity report yesterday. Why is the BWPD so high on that do you think.
ReplyDeleteRegarding water (barrels of water per day), someone else will have to answer. That's beyond my understanding. I just know that if water continues to be a problem, it gets expensive hauling it away and disposing of it in salt water disposal wells.
ReplyDeleteThe old Madison/Spearfish wells really had a lot of water:
http://milliondollarway.blogspot.com/2011/04/water-wells-that-produce-oil-spearfish.html