Filloon's Update on Newfield, 1Q12 -- SeekingAlpha.com

Link here.

This is not an investment site. If one goes back to the earliest postings, the welcome, and the disclaimer, one finds the real reason(s) for this site. One of those reasons was to "figure" out the Bakken. I have a lot of fun looking at the locations of the great wells (and, of course, on the flip side, the locations of the wells that are not so good).

Mike Filloon provides another opportunity to look at the NDIC GIS map server. Filloon highlights four very nice Newfield wells:

Of Newfield's wells completed in 2012, there are excellent results:

1. WEHRUNG 150-99-11-2-1H: IP rate of 2065 Bo/d
2. BERNICE 150-99-20-17-1H: IP rate of 2148 Bo/d
3. OBENOUR 150-99-21-16-1H: IP rate of 2327 Bo/d
4. SAND CREEK STATE 1-16H: IP rate of 2500 Bo/d

Of the wells listed, Wehrung only had a 6670 foot lateral with 23 stages on a 24/64 choke. Bernice and Obenour are approximately 9000 to 9500 foot laterals with 32 frac stages. Sand Creek State was also a short lateral with 4502 feet of length and 24 frac stages. These wells had either a 18/64 or 24/64 choke.

Where are these wells?

The first three wells mentioned are just a few miles west of Watford City, McKenzie County, near the bull's eye of the Bakken, and where the Bakken activity is headed this year.

• 21394, 2,065, Newfield, Wehrung 150-99-11-2-1H, Tobacco Garden, t2/12; cum 32K 3/12;
• 21192, 2,148, Newfield, Bernice 150-99-20-17-1H, South Tobacco Garden, t1/12; cum 38K 3/12;
• 20347, 2,327, Newfield, Obenour 150-99-21-16-1H, South Tobacco Garden, t3/12; cum 15K 3/12;
• 19089, 2,500, Newfield, Sand Creek State 1-16H, Sand Creek, t1/12; cum 47K 3/12;

Newfield has two more wells in the very same section: 

• 22493, conf, Newfield, Bernice 150-99-20-17-2H, South Tobacco Garden,
• 22494, conf, Newfield, Bernice 150-99-20-17-3H, South Tobacco Garden,

South Tobacco Garden is south of the highway, midway between Arnegard and Watford City. Tobacco Garden, of course, is north of the highway.

Sand Creek is just south of the river, and at the western edge of the bull's eye of the Bakken. 

Using results like this, there are three things folks can follow going forward:

• the location of good wells to get a feeling of the sweet spots in the Bakken
• whether multiple wells in the same spacing unit affect production of neighboring wells
• payzones: middle Bakken, Three Forks, Pronghorn, deeper benches of the Three Forks

Observant readers of Mike's column probably noticed something else: how far back these wells were choked. It's my impression that most wells are choked about 32/64 and 48/64. These wells had either a 18/64 or 24/64 choke. Also, note that the Sand Creek well was a short lateral.