Sunday, March 17, 2013

Temple Oil Field

Temple Oil Field is a somewhat-gerrymandered-33-section-rectangular field, running vertically, just west of the huge, prolific Tioga Oil Field. The Temple Oil Field is located in the northeast corner of Williams County. [Tioga Oil Field, which is also a vertical field, straddles the Williams County-Mountrail County line.] Temple Oil Field is less than ten miles NNW (almost due north) of Tioga, the oil capital of North Dakota.

With the announcement of two huge Sequel Energy wells in Temple field it was an excuse to take some time and look at the field in more depth.

Very little of this field is held by production, but that will soon change.

From the August, 2012, NDIC dockets:
  • Case 18410, Sequel, amend Temple-Bakken, authorize up to 6 hz wells on each of 4 1280-acre units; Williams (24 wells)
  • Case 18518, XTO, 8 wells on each of 9 existing 1280-acre units (72 wells), Temple-Bakken, Williams
Permits for Temple Oil Field

Permits for Temple Oil Field in 2014
  • 27639, conf, CLR, Stark 1-26H1,
  • 27616, conf, XTO, Hansen 34X-10C,
Seven permits for Temple Oil Field in 2013
  • 27336, conf, Emerald, Ron Burgundy 1-23-14H,
  • 27335, conf, Emerald, Ron Burgundy, 2-23-14H,
  • 27334, conf, Emerald, Ron Burgundy 3-23-14H,
  • 26826, drl, Sequel, Edna 14-7H-1819-15895-MB,
  • 26825, drl, Sequel, Yogi 14-7H-0607-15895-TF,
  • 26624, drl, Sequel, Alvin 14-7H-1819-15895-TF,
  • 26623, drl, Sequel, Erling 14-7H-0607-15895-MB,
Only three permits issues for Temple Oil Field in 2012
  • 24577, 748, Sequel, Elroy 44-7H-0607-15895-TF, Temple, t7/13; cum 106K 3/14;
  • 24576, 755, Sequel, Maybery 44-7H-0607-15895-MB, Temple, t7/13; cum 108K 3/14;
  • 23587, conf, XTO, Kristensen 24X-9B, Temple,
Only two permits issued for Temple Oil Field in 2011 (these two wells are on the same pad; one runs north, one south; one a Three Forks well; one a middle Bakken well)
  • 21718, 800, Sequel Energy, Overdorf 21-1H-0112-15896-MB, t1/13; cum 132K 3/14;
  • 21717, 854, Sequel Energy, Temple 21-1H-2536-15996-TF, t1/13; cum 120K 3/14;
Three permits issued for Temple Oil Field in 2010
  • 19766, 252, CLR, Greenawalt 1-33H, t9/11; cum 50K 3/14;
  • 19290, 439, CLR, Hamlet 2-11H, t12/10; cum 111K 3/14;
  • 18851, 878, CLR, Bjella 1-24H, t7/10; cum 163K 3/14;
Three permits issued for Temple Oil Field in 2009 (some of these wells are already producing less than what an average Madison or Red River well would produce, in other words, mediocre to poor Bakken wells)
  • 18508, 248, XTO, Bronson 31X-14, t7/10; cum 111K 3/14;
  • 18144, 346, XTO, Donnelly 24X-35, t8/09; cum 52K 3/14;
  • 18125, 166, XTO, Rossmiller 31X-15, Temple, t7/10; cum 63K 3/14;
Past Success

Sequel has had some success in this field. For example, in section 7, the same section where it has permits for two more wells, Sequel has four vertical wells, all targeting the Winnipegosis.
  • 10073, 1,265/A, Sequel Energy,Skarderud 10-7, Winnipegosis (also targeted the Red River and the Duperow); t8/83; cum 1.36 million bbls 3/14; still producing almost 30 years;
  • 10480, 455/A, Sequel Energy, Skarderud 22-7, Winnipegosis; t2/84; cum 610K 1/13; A, but on-line one day/month; almost no production in last two years;
  • 11450, 312/IA, Sequel Energy, Skarderud 33-7, Winnipegosis; t7/85; cum 506K 1/13; taken off-line late last year;
  • 15118, 328 (Duperow)/168 (Winnipegosis), Sequel Energy, Skarderud 32-7, Winnipegosis (also targeted the Duperow), t7/01; cum 22K 3/14 for the Winnepegosis; for the Duperow, t3/03 cum 224K 3/14;

2 comments:

  1. http://sequelenergy.com/operations.php

    Lots of SM alums. Substantial operations.

    One of many companies created with people who leave other companies.

    Interesting JVs.

    $ from https://www.lucascapital.com/private_equity_fund, maybe.

    Sequel will be heard from.

    anon 1

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    Replies
    1. Yes, it is interesting, isn't it? The things one notices. I noticed it with Surge, Legacy, Corinthian.

      And then, I forget, but I think it was with Liberty, or Triangle, etc. And perhaps also with Oasis. Alumnae from other successful Bakken companies. I don't remember the specifics.

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