Random Look at Case 18793, NDIC Hearing Dockets, October 24, 2012; Some Great Petro-Hunt Wells

Link here to quick summary of the cases.

It was hard not to notice case no. 18793. In its entirety:

Application of Petro-Hunt, L.L.C. for an order amending the applicable orders for the Charlson-Bakken Pool to:

• (i) authorize up to seven horizontal wells to be drilled on a 640-acre spacing unit described as Section 27, T.153N., R.95W., McKenzie County, ND; 
• (ii) authorize up to five horizontal wells to be drilled on an existing 1280-acre spacing unit consisting of Sections 4 and 9, T.153N., R.95W.; 
• (iii) establish one new overlapping 1280-acre spacing unit consisting of Sections 16 and 17, T.153N., R.95W., and allow one horizontal well to be drilled on such spacing unit; 
• (iv) establish two new overlapping 1280-acre spacing units consisting of Sections 3 and 10; and Sections 14 and 23, T.153N., R.95W., and authorize up to two horizontal wells to be drilled on each such spacing unit; 
• (v) establish an overlapping 1920-acre spacing unit consisting of Sections 7, 17 and 18, T.153N., R.95W., and authorize one horizontal well to be drilled on such spacing unit; 
• (vi) establish four overlapping 2560-acre spacing units consisting of Sections 4, 5, 8 and 9; Sections 5, 6, 7 and 8; Sections 21, 22, 27 and 28, T.153N., R.95W.; and Sections 6 and 7, T.153N., R.95W. and Sections 1 and 12, T.153N., R.96W., and authorize one additional horizontal well to be drilled on Sections 4, 5, 8 and 9; Sections 21, 22, 27 and 28; and Sections 6, 7, 1 and 12 and up to two additional horizontal wells to be drilled on Sections 5, 6, 7 and 8; and 
• (vii) such other relief as is appropriate. 

So, what's the history of section 27-153-95?

• 1951, Petro-Hunt, a Madison well; last production in 2009; t9/58; cum 523K;
• 2259, Texaco, a Madison well; PA; t5/59; cum 114K;
• 2421, Texaco, a Madison well; PA; t12/59; cum 520K;
• 2394, Petro-Hunt, a Madison well; PA; t8/59; cum 206K;
• 6207, Prosper Energy, a Silurian well; PA; t2/78; cum 118K;
• 6366, Petro-Hunt, a Madison/Silurian well; t5/78; still active; cum 344K from the Silurian; cum 130K from the Madison; 
• 6514, Prosper, a Silurian well; PA, t7/78; cum 47K;
• 6592, Petro-Hunt, a Silurian well; PA; t12/78; cum 321K;
• 10086, Petro-Hunt, a Madison well; TA; t6/83; cum 136K; 
• 10771, Amerada Hess, DRY, a Silurian well; I guess one can only squeeze so much blood out of a turnip;
• 11735, Thomas A. Haugen Operating, a Red River well; PNC; 
• 11802, Filco, Silurian/Red River/Bakken; still active but doing almost nothing; cum 23K from the Bakken; 62K from the Silurian; Red River DRY; 
• 17400, 546, Petro-Hunt, Bakken, Sherven Trust 27B-2-4H, t3/09; cum 141K 8/12; 

So, although most of the wells are no longer active or doing much, this one section has produced almost 2.7 million bbls of oil with few misses.  Now, Petro-Hunt wants to drill another six horizontal wells, with a potential of another three million bbls of oil (and that's primary production). One section with the potential of 6 million bbls or more. (Most folks accept EURs of 500K in the better Bakken; some suggest as much as 1 million bbl-EURs in the best Bakken. The Charlson seems to be between "better" and "best.")

And, the relevant history of sections 4/9-153-95?

• 12031, 407, Petro-Hunt, Silurian 54-1; t5/87; cum 530K 8/12 (but not doing much any more)
• 20342, 1,430, Petro-Hunt, USA 153-95-4B-9-1H, a Three Forks well; 25 stages, 3 million lbs sand, t1/11; cum 472K 6/14

In section 28-153-95 (a reader alerted me to this one, thank you):

• 19845, 1,084, Petro-Hunt, Van Hise Trust 153-95-28C-21-1H, Charlson, t8/11; cum 211K 8/12; wow, > 200K in a year!

As I mentioned to the reader who alerted me to this well, I am really impressed with Petro-Hunt: a lot of permits/wells and very good wells to boot.