He alerted me to well file #18987. This well is on a four-well pad in Heart Butte oil field.
I was too tired to post that last night. I'm glad I waited.
Look at well file #20516 reported today. This well is on a two-well pad in Pembroke oil field.
There are many, many story lines here. The biggest story line is one I don't think even Mike Filloon has talked about yet. There are so many surprises in the Bakken.
I will get back to this later. [Later: I was going to talk about these wells again, but I think the comments and the note below explains enough, so I'm going to hold off for now.]
Later: see comments below. For purposes of the search engine --
I will post the "rest of the story" later tonight. A reader alerted me to what was going on. I'm pretty sure I have the story 99% correct, but other readers might add a bit of detail, either before or after I update the post.
The short answer:
a) in one case: KOG waited almost two years to frack the well; they specifically stated in the well file the well was producing and was not fracked. They fracked it recently; you can guess the month by looking at the monthly production figures.
b) in the other case, the initial frac was only 3 stages and 400,000 lbs proppants; they did not test it or report an IP at that time (at least I don't think they did). KOG recently went back and fracked (again) with 28 stages and a bit over 4 million lbs of ceramics.
I can't imagine the first frack was scheduled to be a 3-stage frack, so I assume something went bad. Another reader might have more information.
Many, many story lines here and I hope to update later this evening with the story lines, but those would be worth only two cents -- my "2-cents worth -- I believe the above is accurate but others may know more.
Just imagine if the royalty interest owner had lost interest in following the well. Upon opening that check they might faint or have a heart attack. This story will repeat itself over and over again.
ReplyDeleteLatest geological studies are now looking at winnipegosis.
I am going to take my older kids out to lunch and talk about Oreo cookies. Double stuff just won't handle it
Thank you for taking time to write. Yes, it's a huge, huge story. And it will be repeated. Later tonight I will complete the post for others who did not catch the importance of this one. It has several story lines.
DeleteAnd you are correct. Can you imagine the royalty interests someone received; wow, they will wonder if there was a typographical error on the check.
Anybody have an idea of the 'magic' they did to achieve the breakout numbers? I looked at the well file on both wells and I don't know enough about the technology to see what they did to blow out those production numbers....
ReplyDeletethoughts?
thx
Rory
I will post the "rest of the story" later tonight. A reader alerted me to what was going on. I'm pretty sure I have the story 99% correct, but other readers might add a bit of detail, either before or after I update the post.
DeleteThe short answer:
a) in one case: KOG waited almost two years to frack the well; they specifically stated in the well file the well was producing and was not fracked. They fracked it recently; you can guess the month by looking at the monthly production figures.
b) in the other case, the initial frac was only 3 stages and 400,000 lbs proppants; they did not test it or report an IP at that time (at least I don't think they did). KOG recently went back and fracked (again) with 28 stages and a bit over 4 million lbs of ceramics.
I can't imagine the first frack was scheduled to be a 3-stage frack, so I assume something went bad. Another reader might have more information.
Many, many story lines here and I hope to update later this evening with the story lines, but those would be worth only two cents -- my "2-cents worth -- I believe the above is accurate but others may know more.