A few things jump out:
- increased activity and better IPs in Blue Buttes oil field
- incredible Sanish wells being drilled by Halcon
- a disproportionate number of Zavanna wells remain on DRL status
- WPX completed only 12 wells in 1Q14; WPX owns 7% of the reservation
- 25524, 2,584, HRC, Fort Berthold 152-94-11B-14-5H, Antelope field, a Sanish formation well, t3/14; cum 156K 6/14;
NDIC File No: 25524
Well Type: OG Well Status: A Status Date: 3/6/2014 Wellbore type: Horizontal
Location: SESW 2-152-94
Current Operator: HRC OPERATING, LLC
Current Well Name: FORT BERTHOLD 152-94-11B-14-5H
Total Depth: 21295 Field: ANTELOPE
Spud Date(s): 9/1/2013
Completion Data
Pool: SANISH Comp: 3/6/2014 Status: F Date: 3/6/2014 Spacing: 2SEC
Cumulative Production Data
Pool: SANISH Cum Oil: 156487 Cum MCF Gas: 170069 Cum Water: 68195
Production Test Data
IP Test Date: 3/6/2014 Pool: SANISH IP Oil: 2584 IP MCF: 3935 IP Water: 2405
Well Type: OG Well Status: A Status Date: 3/6/2014 Wellbore type: Horizontal
Location: SESW 2-152-94
Current Operator: HRC OPERATING, LLC
Current Well Name: FORT BERTHOLD 152-94-11B-14-5H
Total Depth: 21295 Field: ANTELOPE
Spud Date(s): 9/1/2013
Completion Data
Pool: SANISH Comp: 3/6/2014 Status: F Date: 3/6/2014 Spacing: 2SEC
Cumulative Production Data
Pool: SANISH Cum Oil: 156487 Cum MCF Gas: 170069 Cum Water: 68195
Production Test Data
IP Test Date: 3/6/2014 Pool: SANISH IP Oil: 2584 IP MCF: 3935 IP Water: 2405
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| SANISH | 6-2014 | 30 | 27257 | 27293 | 9013 | 29733 | 13302 | 16222 |
| SANISH | 5-2014 | 31 | 37328 | 37437 | 11174 | 35773 | 30183 | 5373 |
| SANISH | 4-2014 | 29 | 47155 | 46760 | 16104 | 46972 | 0 | 46769 |
| SANISH | 3-2014 | 29 | 44747 | 43905 | 31904 | 57591 | 6466 | 50922 |
On a slow day, you might take a look at this:
ReplyDeletehttp://www.watfordcitynd.com/?id=10&nid=2802
It's a very, very slow day today.
DeleteWow, that $65 million development will certain change Watford City.
Thank you.
The high IPs are interesting, but I would really like to see if they are born out by continued production. EOG in particular has had a reputation for years now of tweaking things to make the IP high, even to the point of sacrificing reservoir management. (There was a DrillingInfo post on this a few years ago...and that is a very sound, industry focused source...not some conspiracy site.)
ReplyDeleteAlso, the cum curves for the overall industry that I have seen (by "Enno") show that recent years are essentially no change in well cums for last 4 years.
Net, net: I think IP is a consideration, but overfocused on. Cums are more important. [yes, there is some time value of money to getting more earlier...but even then, if you are trying to follow the how many barrels for America story, you need to watch out for dropoff. It's also possible that some of the high IP stuff is more for the press than for the $$.]
Yes, the IP story has been discussed at length; it was a "hot" topic early on in the blog.
DeleteIt is simply one data point; if one notes the IPs of various operators day-in / day-out, and then by field, one gets a feeling for how good a well might be based on the IP. In this particular case, the Halcon well in this post, the IP was interesting, but that's now why I posted it. The cumulative production of this well was 165,000 bbls in less than four months.
Floyd Wilson of Halcon has stated that the fort berthold they are drilling now are 1 million plus BOE wells, truly amazing
ReplyDeleteThank you. I had not seen that. This is about the third different company/individual/analyst who has mentioned million-bbl-EUR wells in the Bakken. I think Filloon was to note that about two years ago. I forget who was next. I tried looking for some old posts on million-bbl-EUR wells but couldn't find any; might look again later.
DeleteThe big question is how long have the operators in the Bakken known that there were areas in the Bakken that would deliver million-bbl-EURs. I bet for several years. Their computers are better than ours.