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Sunday, October 7, 2012

Nodding Donkeys In the Bakken, Eagle Ford, and the Utica

Link here to Bloomberg.

Data points later, maybe, except this one:
New wells in the Bakken formation of North Dakota and Montana generate enough pressure to flow on their own for as long as two years before pump jacks or other so-called artificial-lift equipment is needed, Jeffrey B. Hume, executive vice chairman of Continental Resources Inc., the dominant Bakken operator, said in an e-mailed statement yesterday. 
A little bit of hyperbole, perhaps. It depends.

4 comments:

  1. I show Continental's Lansing 1-25 at 22 months and still flowing as of August. Closing in on 200,000 barrels without a lift.

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    Replies
    1. Yes, that's an interesting well. The IP is shown as 76 bbls, but that was before the well was fracked; there was difficulty fracking the well; they came back later and fracked it: the IP, then, was reported at 1,013 bbls.

      30 stages; 2.8 million lbs, including 0.8 million lbs ceramics.

      Information regarding pumps is notoriously inaccurate at the NDIC website. Teegue has said oil companies take up to a year sending in the sundry notice that a pump has been placed; I've confirmed that several times by reading the well files.

      If your information is only from the NDIC website, can't say for sure there is no pump. The well was off-line in April, 2012, almost the entire month, plenty of time to put in a pump. Monthly production has varied quite a bit this past year (2012).

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  2. Hi Bruce,

    enjoy your site. i used to work in the oil patch (workovers 4, big rigs 1 yr)when i got of the Army eons ago during the 70-80's. pulled many a horse's head off and pulled rods,tubing, etc. always said if i ever got one, i was setting up a lawn chair and spending a day watching it go up and down. i was dreaming and 30 yrs later, it happened. (N of Stanley, E of Lostwood in sidonia) ANYWAY - i was up there for 1st time in a long time and do you know of any videos around on what happens once the pumping unit is on? i know it's a lot diff. than what we did and dang curious. our oldest well has a pumping unit, but not hooked up yet but their was pressure on the gauge, so i'm guessing there is a sub. elec. pump on it. Just really curious to know how things look downhole now. watched the drilling video by northern and looked the same until the horizonal leg kicked in. didn't do that in the ancient days, vertical only and when we completed a well, we called in Halliburton and "perfed and acidized" the well to get it rolling. wow - go long-winded -SORRY

    thks a lot
    ol' roughneck.

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    Replies
    1. Congrats on your well; what a great story.

      I am not aware of any videos on pumping, but I will watch for them. Something tells me the pumps may be a bit bigger and bit fancier, but I bet the mechanism/process is still the same. Just as modern $3,000 bicycles are a lot fancier than what the Wright Brothers built, they would still recognize the bicycle. Same with the automobile; bigger, fancier, more expensive, but still about the same.

      Thank you for taking time to write. My early posts on the Bakken were pretty naive, pretty basic, but hopefully I'm getting better.

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