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Thursday, December 29, 2011

Follow-Up of Wells -- The Bakken, North Dakota, USA

At the bottom of the blog are labels/tags. One of the labels I find useful is "follow-up." For the December, 2011, follow-up, here are the results:
  • 18922, 473, Dakota-3 (WMB), Dakota-3 Skunk Creek 1-12H, (South Fork field), 19,354 bbls in first 14 days. It's first production was 6/15/11; s9/10; t6/11; F; cum 114K 10/11
  • 19623, 1,075, Obrigewitch 21-17TFH, s11/10; t4/11; F; cum 126K 10/11
It really is amazing. Look at these wells. One was completed/tested in June, 2011, and by October, 2011, it had produced more than 114,000 bbls of oil; the other was completed in April, 2011, and by October, 2011, it had produced 126,000 bbls of oil. 

At 100,000 bbls, Bakken wells are well on their way to paying for themselves; after that, continued costs are relatively minimal. And Williston Basin wells can produce for 30 to 50 years. 

Once updated, I remove the tag.

Here's another one that needed updating:
  • 19057, 4,106, BEXP, Domaskin 30-31 1H, Alger, Bakken; 7/10; t10/10; cum 184K 10/11. 
This well has produced almost 200,000 bbls since being completed about a year ago. Very nice. The Alger field. And it's gonna keep producing for 30 years; with a few refrackings and EOR.

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