Thursday, June 27, 2013

Update On Zenergy's Omlid Well; The Omlid Is A TF3 Well; Huge Well

It is simply going to be impossible for me to keep track of what's going on in the Bakken. Thank goodness for readers sending in comments and Mike Filloon. I'm not sure if anyone else is providing so much information, free or otherwise.

A reader sent me this, regarding the Omlid well:
  • 20761, 2,196, Oasis/Zenergy, OMLID 18-19HTF, Elidah, t4/13; cum 98K 6/14; 35 stages; 3.65 million lbs proppant;
It came in at over 2,000 bopd, and produced 17,000 barrels of oil in 28 days of April. There are three (3) first bench Three Forks (TF1) wells offsetting it to the west, south, northeast, but this is the first TF3 well in this immediate area. The nearest TF3 might be CLR's Charlotte 3H about eleven (11) miles to the northwest in Banks oil field.

Again, this is a third bench Three Forks well. A third bench.

Some data points from the geology report:
  • targeting the Three Forks formation targeting the third bench of the zone
  • reached total depth in 31 days
  • horizontal about 11,472 vertical depth; total depth of 20,699
  • the middle Bakken came in at 10,950 TVD which ended up isopaching to landing at 11,155 
  • TVD and with there being plenty of room in the 3rd bench of the Three Forks formation the landing was kept the same at 11,162 TVD
  • the bit began building its way down into the Three Forks formation at 11,020 TVD .. intermittent layers of siltstone, sandstone, and dolomite
  • the first bench drilled at 0.5 - 1.5 min/ft with gases ranging from 286 - 2,357 units
  • the bit moved down into the shale/siltstone layer of the second bench at 11,160 MD, drilling at 0.6 - 1 min/ft
  • at 11,256 MD the bit moved down into top of the third bench; the top of this marker isopached to landing at 11,155 - 11,153 TVD
  • the top layer of the third bench was composed of siltstone that was very distinctive compared to the other members showing to be red orange, rusty orange, light to medium orange that was chalky
  • drilling at 05 - 1.5 min/ft; reading 300- 752 units of gas in the third bench of the TF formation 
One year ago, we only knew about the "Three Forks." No one really knew we were talking about the "upper" Three Forks. Now, we are into the 1st, 2nd, and 3rd benches. In some areas, maybe additional benches. And in some areas, as noted in an earlier post today, the Three Forks is going to be better than the Bakken. 

I am truly blown away. I could see CLR and EOG drilling a TF3, but seeing these smaller players do this, it speaks volumes.

In some areas, we are in the manufacturing stage in the Bakken; in other areas, we are still exploring. 

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