Monday, November 3, 2014

OXY USA Reports Three Huge Wells -- That's Only The Headline -- November 3, 2014

Here are the three wells:
  • 26077, 940, OXY USA, Evelyn Stroh, 3-17-20H-143-96, Fayette, 30 stages, 900,000 lbs sand, t5/14; cum 74K 9/14;
  • 26078, 842, OXY USA, Evelyn Stroh 2-8-5H-143-96, Fayette, 30 stages; 900,000 lbs sand, t5/14; cum 79K 9/14;
  • 26079, 1,336, OXY USA, Harry Stroh 2-8-5H-143-96, Fayette, 30 stages; 900K lbs sand; t5/14; cum 100K 9/14;
Note the amount of proppant used. I rounded the number; in two cases the actual amount was slightly less than 900,000 lbs of sand; in the third case, the actual amount was 904,000 lbs of sand. Generally, operators are using 4 million lbs of proppant, and some operators (notably EOG and CLR) are pushing upwards of 10 million lbs and even upwards of 14 million lbs.

I often make factual and typographic errors, but I believe these are accurate numbers. If this information is important to you, go to the source, the NDIC.

I track the Stroh wells (Cabernet and Fayette fields) here

Carpe Diem's Map of the Day

Link here: fracking = a better income.

Top five counties in the United States for largest increases in median income, 2010 - 2013:
  • #1, Williams County, North Dakota
  • #2, Cleburne County, Arkansas
  • #3, Stark County, North Dakota
  • #4, Rowan County, Kentucky
  • #5, Perry County, Kentucky

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