Thursday, January 12, 2012

Update on OXY USA/Anschutz Matthew Schmidt Well in the Cabernet Oil Field -- The Bakken, North Dakota, USA

Update

See first comment; explains everything.

Original Post 
I was asked about the "Matthew Schmitdt" well.

Here was my response, posted here because some folks may not read the comments. Maybe someone in the local area knows more about the Matthew Schmidt well:

No file number, but I assume you are talking about:
  • 18427, 876, OXY USA/Anschutz, Matthew Schmidt 1-35-2H-143-97, Cabernet, Bakken, s2/10; t5/10; F; cum 110K 11/11.

110,000 bbls -- not fracked and no pump.

I don't know in which context you are asking the question, but I assume you noted the decreased production in November.

It came off the confidential list a long time ago; it is in the Cabernet field so it will be a great well; it had a typical Bakken decline rate but still produces 4,500 bbls/month. It was taken off-line in November, 2011 (only produced for 5 days) so I assume they are putting a pump on it. NDIC still shows no pump as of November, 2011, posting.

Pumps don't result in increased production, per se, but are needed to get the oil to the surface when the pressure pushing the oil out declines.

This well targeted the middle Bakken and WAS NOT stimulated.