MADISON | 7-2011 | 31 | 372 | 364 | 4841 | 0 | 0 | 0 |
MADISON | 6-2011 | 30 | 258 | 282 | 5574 | 177 | 177 | 0 |
MADISON | 5-2011 | 25 | 199 | 154 | 4422 | 643 | 643 | 0 |
MADISON | 4-2011 | 24 | 271 | 267 | 3591 | 650 | 650 | 0 |
MADISON | 3-2011 | 23 | 201 | 186 | 3811 | 549 | 549 | 0 |
MADISON | 2-2011 | 26 | 139 | 149 | 4038 | 471 | 471 | 0 |
MADISON | 1-2011 | 31 | 186 | 223 | 4229 | 645 | 645 | 0 |
MADISON | 12-2010 | 31 | 358 | 362 | 4939 | 735 | 735 | 0 |
MADISON | 11-2010 | 30 | 348 | 330 | 400 | 577 | 577 | 0 |
MADISON | 10-2010 | 31 | 227 | 212 | 4996 | 595 | 595 | 0 |
This is another good example of why oil companies are excited about the Bakken, and why I remain inappropriately exuberant about the oil industry in western North Dakota.
File # 2836 is a Madison well:
NDIC File No: 2836 API No: 33-053-00479-00-00 CTB No: 401995
Well Type: OG Well Status: A Status Date: 3/16/1961 Wellbore type: Vertical
Location: SWSE 23-152-96 Footages: 510 FSL 1980 FEL Latitude: 47.964485 Longitude: -102.9274
Current Operator: PETRO-HUNT, L.L.C.
Current Well Name: CCMU 04
Elevation(s): 2421 KB Total Depth: 9306 Field: CLEAR CREEK
Spud Date(s): 2/6/1961
Casing String(s): 9.625" 622' 5.5" 9243'
Completion Data
Pool: MADISON Perfs: 9243-9306 Comp: 3/16/1961 Status: AL Date: 3/16/1961 Spacing: U
Cumulative Production Data
Pool: MADISON Cum Oil: 1949817 Cum MCF Gas: 1845365 Cum Water: 1397987
Production Test Data
IP Test Date: 3/16/1961 Pool: MADISON IP Oil: 463 IP MCF: 751 IP Water: 0
For newbies, how to read the above:
The pool: a Madison well. The Madison is one of the legacy formations in North Dakota. It is one of the formations that has been reliably producing since oil was discovered in 1961.
Spud date: they started drilling 2/6/1961
Oil field: the Williston Basin is made up of hundreds of administratively apportioned oil fields; the Clear Creek field is one of them.
Note the cumulative water: 1.4 million bbls. There is generally not a lot of water associated with a Madison well, so this suggests that they are using water injection: pushing large amounts of water into the well to force the oil out; the water will come back up with the oil and have to be trucked away for disposal.
Natural gas: this well has also produced about 1.8 million thousand cubic feet of gas. The "M" in "MCF" stands for "thousand). A "thousand million" is a billion, so in this case it has produced about 1.8 billion cubic feet of gas. The conversion rate for "barrels of oil equivalent" for natural gas is about 6,000. Dividing 1.8 billion by 6,000, one gets: 300,000 barrels of oil equivalent, a not inconsequential amount if natural gas brought a decent price, which it doesn't.
Status: "AL" means "artificial lift" -- a pump.
Two million bbls of oil and this well is still pumping. It has met the criteria for a stripper well, and if granted that status, is granted a significant tax break. State taxes are essentially cut in half when a well is deemed a "stripper" well.
And on top of all this, Clear Creek is a great Bakken field, also.
Where exactly is the Clear Creek field located? This is an amazing showing for an old vertical well. Makes me wonder about some of the many P&A'd wells in the Williston Basin area.
ReplyDeleteIt's a very small field, right in the middle of the Bakken. It's south and west of the river, west of the reservation. It is very near some other good fields, including the Charlson.
ReplyDeleteI can't give you any towns, because there are none to speak of. It's about 15 miles northeast of Watford City, North Dakota.