Thursday, August 8, 2013

Random Update On The Pyramid Wells On The Northwest Side Of Williston

In the process of looking up the Pyramid wells after getting a note from a reader, I noted that two of the Pyramid wells have been off-line for two months:
  • 22872, Pyramid 15-22 4H, has also been off-line for the past two months. It has produced oil for only 17 days and has produced almost 20,000 bbls of oil. 
  • 22873, Pyramid 15-22 3H, has been off-line for the past two months. It has only produced oil for 24 days, with a cumulative of almost 22,000 bbls of oil.
The other two wells on the pad are still producing.  The two wells that are off-line are both on the east end of the pad; the other two wells are on the west end of the pad.

The well file doesn't provide any clue what is going on; it generally doesn't take two months to install a pump.

Having said that, look at the production numbers for the two wells that remain on line:

22875, Pyramid 15-22 1H:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN6-201321826871122739000
BAKKEN5-2013282335820488806211662105981064
BAKKEN4-2013271859518022222602037519582793
BAKKEN3-20132623072123615977

Note: no natural gas production in the most recent month.

22874, Pyramid 15-22 2TFH:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN6-20131724065240653713000
BAKKEN5-2013173725038467626148094319490
BAKKEN4-201322805074571641669376717220
BAKKEN3-2013334742850855924302152278

Again, note: no natural gas production in the most recent month.

It appears the wells are being taken off-line for reasons related to natural gas and/or flaring.

Elsewhere, at least one mineral owner has suggested this would be in the best interests of mineral owners: to take oil wells off-line until natural gas gathering and processing is in place and all flaring is eliminated. I think that's what the US Secretary of Interior has in mind. Great minds, apparently, think alike. This reminds me of a Garth Brooks video but I cannot post it.

I track the Pyramid wells here.

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