Sunday, January 1, 2012

Follow-Up On That Incredible South Fork Dakota-3 Well: 130,000 Bbls in < 6 Months -- No Pump -- 17 Stages -- KOG Nearby -- The Bakken, North Dakota, USA

While updating the top stories of 2011, I was reminded of this story:
  • 18922, 472, Dakota-3 (WMB), Dakota-3 Skunk Creek 1-12H, (South Fork field), 19,354 bbls in first 14 days; s9/10; t6/11; cum 416K 9/14;
So, how is it doing now?

The company did not summarize the completion report but attached the entire "well completion summary."

As a rule I do not read these summaries, so I may have some of the details incorrect, but this is what I see:
  • Spud: 9/25/10
  • Date TD reached: 11/2/11
  • 17-stage frack
  • Date of 1st stage: 5/13/11
  • Date of 2nd stage: 6/9/11
  • Date of 17th (last) stage: 6/12/11
  • Looks like about 130,000 lbs sand (including ceramics)/stage: 2.2 million lbs (very rough est)
This is part of the geologic summary: "The Zenergy Operating Company's Precision 517 Dakota-3 Skunk Creek 1-12 is a wildcat well located ... The initial phase of the Skunk Creek 1-12H is a vertical section, and curve landing in the upper part of the Middle Bakken formation. It will be re-entered at a later date as a single lateral coplanar well targeting the Middle Bakken Silty Dolomitic Limestone / Sandstone formation. The Skunk Creek 1-12H spudded September 22nd, 2010, and reached a Total Depth of 19,228 feet Measured Depth, and 10,490 feet Total Vertical Depth on November 1st, 2010..."

Production data:
Test date: 6/15/11
IP: 472
Still flowing (no pump)
Date/Days/Runs:
  • 11/11; 30 days; 18,154 bbls
  • 10/11; 31 days; 16,741 bbls
  • 9/11; 28 days; 17,587 bbls
  • 8/11; 31 days; 29,410 bbls
  • 7/11; 29 days; 31,310 bbls
  • 6/11; 14 days; 19,354 bbls
Of interest, KOG has a rig on site just to the west of this well, less than a mile away:
  • 21065, 539, KOG, Skunk Creek 9-2-3-12HS/Skunk Creek 9-2-3-12H3, t3/12; cum 144K 8/14;
At the time of the original post, I noted:
In South Fork oil field (where the Dakota-3 well is), there are 12 permits; three are active and producing; all the rest are confidential. But note this: 8 of the 12 permits belong to KOG.
Cost of well, according to the "well completion summary":
  • AFE budgeted: $6,487,650.00
  • Actual: drilling, $3,610,264.00; completion (fracking), $3,685,033.65. Total: $7,295,297,65.
For more discussion on the costs associated with drilling Bakken wells, click here.