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Thursday, May 15, 2014

5 of 8 Wells Going To "Drill" Status In The Bakken; Have Been Drilled To Total Depth, But Waiting For Fracking To Be Completed

Look at all the wells from yesterday's daily activity report that went to DRL status:
  • 25598, drl, HRC, Fort Berthold 147-94-2B-11-3H, McGregory Buttes, no production data,
  • 25853, 1,203, EOG, Wayzetta 34-2829H, Parshall, t12/13; cum 147K 3/14;
  • 26266, drl, Petro-Hunt, Van Hise Trust 153-95-28D-21-5H, Charlson, no production data,
  • 26341, drl, HRC, Miller 157-101-12D-1-3H, Otter, no production data,
  • 26437, 2,124, BR, CCU Corral Creek 11-28TFH, Corral Creek, nt4/14; cum --
  • 26457, drl, XTO, Broderson 31X-27D, Siverston, no production data,
  • 26795, 493, CLR, Snider 1-21H1, Ukraina, t3/14; cum 2K 3/14;
  • 26878, drl, XTO, FBIR Guyblackhawk 24X-27H, Heart Butte, no production data,
In the most recent Director's Cut, I believe there were about 635 wells waiting to be fracked. Regular readers know what this is all about. It is not due to lack of frack spreads (teams/resources). Most of it is operational-driven (pad drilling) and spring road conditions. It will take care of itself going forward. For folks looking for work, for trucks, for roughnecks, I see it as a huge "positive." For the farmers who have to use the roads this summer, it's going to be another tough summer in the Bakken.

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