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Wednesday, September 14, 2011

Monster Well Update -- Bakken, North Dakota, USA

Folks elsewhere follow the Chandler James and a couple of sister Austin wells. The Chandler James hit the 750,000 bbl mark in July, 2011. The Austin 21-28 ended July (2011) with 740,471 bbls after starting in 8/18/2008. both wells are now in the 300+ bbl/month (qualifying for strip well status). See first comment below. These well are still high producers. The Austin well is producing 7,000 bbls / month and the Chandler James is producing 11,000 to 12,000 bbls/month.  There is a 640/1280 difference between these two wells. Adding the 695,009 bbl from the adjacent Austin 18-21, the two sections in the Parshall oil field have produced 1,435480 bbl in 3 years.

See "monster wells" for more.
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2 comments:

  1. AnonymousSeptember 14, 2011 at 3:37 PM

    Hi Bruce - Just wanted to point out that there maybe is a typo from this poster. The post should show 300 bbls/day (not per month). These wells are still producing anywhere from maybe 7k to 10k per month. Maybe not strippers just yet but I could be wrong.

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  2. Bruce OksolSeptember 14, 2011 at 3:58 PM

    Wow, was I dumb, not fact checking. You are correct.

    I will correct the blog. Thank you for pointing that out.

    I was thinking of the "horrendous" Bakken decline rate and didn't check production figures.

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