Eight (8) new permits --
- Operators: Zenergy (5), Whiting (2), Cornerstone
- Fields: Clayton (Burke), Zenith (Stark), Eightmile (McKenzie)
- Comments:
Twelve (12) producing wells completed:
- 22336, 752, CLR, Columbia 2-5H, Dollar Joe, t6/13; cum --
- 22337, 349, CLR, Columbia 3-5H, Dollar Joe, t6/13; cum --
- 22887, 374, Hess, LK-Wing 146-97-2215H-5, Little Knife, t6/13; cum --
- 23387, 5,387, Statoil, Beaux 18-19 4H, Banks, t6/13; cum --
- 23983, 2,542, Statoil, Topaz 20-17 2TFH, Banks, t6/13; cum --
- 24097, 681, Liberty Resources, Dobias 152-103-32-29-1H, Glass Bluff, t7/13; cum --
- 24131, 1,536, XTO, FBIR Walterpackswolf 31X-12H, Heart Butte, t7/13; cum --
- 24132, 1,385, XTO, FBIR Walterpackswolf 31X-12H, Heart Butte, t7/13; cum --
- 24409, 1,339, Hess, BB-Budahn A 150-95-0403H-4, Blue Buttes, t6/13; ;cum --
- 24736, 267, Whiting, Meiers 34-25TFH, Robinson Lake, t7/13; cum --
- 25198, 2,691, Whiting, Littlefield 21-31H, Sanish, t6/13; cum --
- 25218, 932, Hansen 21-20TFH, Sanish, t 7/13; cum --
Oasis drilled a dry well; the well file does not have any drilling data yet:
- 25307, DRY, Oasis, Cottle 5892 21-30X, Cottonwood;
The Cottonwood is not a particularly good field, and the northern half appears to be very poor, compared to the southern half of the Cottonwood.
I'm not a big fan of IP numbers, but the Statoil
ReplyDeleteBeaux wells are noteworthy. The 4H with the
IP of 5387 barrels of oil also had a gas volume
of 9484 MCF. If you value the gas (methane and
NGLs) at $6 per MCF and oil at $90 per barrel,
the BOE would be 632 making the BOEPD for
this well just over 6000. These wells just east
of the Continental Resources high density multi-zone drilling units. It is a very interesting area.
I agree with you regarding IPs. I have posted many discussions regarding IPs.
DeleteIt takes all my will-power not to say something "new" about IPs, but I won't.
I'm starting to get a kick out of cumulative production of some of these better wells; Mike Filloon is also noting them.
I am also starting to get a kick out of the number of infill wells we are starting to see in the "better" Bakken.
It should be another incredible year.
Thank you for taking time write.
On a completely separate note, the current price of oil has really, really surprised me, and I think it's surprised a lot of folks. I can't believe it's all due to Mideast tensions; as Mideast tensions go, things are pretty quiet.