Sunday, April 27, 2014

MRO Tyler Wildcat Wells Come Off Confidential List Monday

Two of the MRO Tyler wildcat wells come off the confidential list Monday; no production data reported yet; I track these wells here. [Later: I am being told by a reader/good source that the Powell well comes off the confidential list June 25th, not tomorrow as reported on the NDIC website.]

Active rigs:

Active Rigs182187209174111

Wells coming off the confidential list over the weekend, Monday:

Monday, April 28, 2014
  • 23889, drl, Slawson, MacCougar 5-30-19TFH, Big Bend, no production data,
  • 25591, 660, Whiting, Kostelecky 11-28PH, South Heart, t10/13; cum 31K 2/14;
  • 26335, drl, MRO, Powell 31-27TH, wildcat, no production data, geology report not filed yet;
  • 26572, drl, Hess, BW-Sharon-150-100-2536H-4, Timber Creek, no production data,
  • 26656, DRY, Statoil, Ross-Alger 6-7 7TFH, Alger, truly a dry well; just not much there;
  • 26794, drl, MRO, Rundle Trust 21-29TH, wildcat, no production data, see below
Sunday, April 27, 2014
  • 25986, drl, Hess, EN-Franson-154-93-2126H-5, Robinson Lake, no production data,
  • 26289, 1,976, MRO, Adam Ell 44-33H, Murphy Creek, t2/14; cum 8K 2/14;
  • 26690, drl, CLR, Schroeder 4-34H, Stoneview, no production data,
Saturday, April 26, 2014
  • 23890, drl, Slawson, MacCougar 2-30-19H, Big Bend, no production data,
  • 25722, drl, Petro-Hunt, MM Wold 160-94-31A-6-7H, North Tioga, no production data,
  • 26379, 765, Petro-Hunt, MM Wold 159-94-6D-13-5H, North Tioga, t2/14; cum 8K 2/14;
  • 26571, drl, American Eagle, Taylor 16-1E-163-102, Colgan, producing,
  • 26655, drl, Statoil, Ross-Alger 6-7 7TFH, Alger, no production data,
Additional data on one of the MRO Tyler wildcats

26794, drl, MRO, Rundle Trust 21-29TH, wildcat, no production data. From the file report --
The Rundle Trust 21-29TH lateral target zone did not have any observable oil in samples while drilling. Oil-based drilling weight was kept very heavy ...during the final trip of the initial later (11,456' MD), very thick and likely parafinated, oil-saturated mud was removed from the side of the mud motor, and was a very different consistency and smell than the drilling mud.  

A sample of this was forwarded to Marathon, and has been sent for a detailed petro-physical analysis. Other indicators oi oil present in formation were rising oil to ater ratios of the drilling mud. When the sidetrack lateral started, oil to water ratios were 85/15; at the end of the side track lateral, oil to water ratios were 94/6.

Due to heavy mud properties, gas response during the Rundle Trust 21-29TH lateral was minimal, and did not appear to be better or worse in any particular place in zone. Background gas averaged 30 units, with shows peaking at 90 units. Gas was almost entirely methane, with a trace component of ethane. The max trip gas observed was 115 units. No flaring or backside pressure was observed or held while drilling.
Positive Train Control

Deadline: December 31, 2015.

It's an $8 billion to $10 billion project that requires railroad companies to upgrade and rewire the nationwide network of more than 50,000 switches and signals already in use, add a network of fiber-optic cable, cellular and satellite equipment, and create software platforms to run it all.
“It's the largest infrastructure project done by any railroad in our history other than building the railroad itself,” says Henry McCreary, a director of PTC at CSX Corp., a railroad that stretches from Richmond, VA, to Chicago to Tampa, FL.
CSX estimates it will spend $1.7 billion on an effort that includes upgrading signals and switches along 16,000 miles of track, as well as installing or upgrading software, hardware and communications equipment on 3,600 locomotives.
Altogether, 22,000 locomotives will be outfitted with new equipment, primarily cellular and satellite gear. Railroads banded together and spent $40 million buying their own wireless spectrum to transmit data among trains, signals, switches and dispatch centers. The railroads even own a company that makes some of the communications equipment needed on trains and towers alongside tracks.

Most People Having Sausage For Sunday Breakfast Today Have Not Seen Sausage Being Made




September 30, 2014: update on the two SHD producing wells.

Original Post
Original post here with the eight SHD Clarks Creek permits. I track SHD and other smaller producers in the Bakken at this site.

I see SHD has a rig on one of the pads now:
  • 27040, rig-April 27, 2014, SHD Oil & Gas, Thud 12-36H, Clarks Creek, 
This press release is dated January 8, 2013:
Spotted Hawk Development, LLC (“SHD” or the “Company”), a privately held upstream oil and gas company with concentrated assets in the Williston Basin, today announced the successful completion of a $100 million senior secured term note facility. The Company intends to use the net proceeds of the facility to fund the Company’s share of drilling and completion capital expenditures associated with its working interests in the Williston Basin.
Edgar Rios, Chief Executive Officer of SHD, said, “We are very excited about the results to date on our lease acreage. This financing helps us to further fund the development of this acreage and create substantial value for our shareholders in what we believe to be a highly prolific oil and gas area.”
SHD is an early-stage, privately held oil and gas company with concentrated assets in the oil-producing Bakken and Sanish Three Forks (“Three Forks”) formations of the Williston Basin. SHD has mineral leases on 39,090 net acres within the boundaries of the Fort Berthold Indian Reservation of North Dakota. SHD has interest in 13 gross producing Bakken and Three Forks wells and spud 5 pad wells in September 2012. SHD holds significant operating and non-operating interests in the mineral leases with well-known industry players.
It should be noted that these eight (8) SHD permits (noted above) are for wells outside the reservation, just to the west. 

SHD has three additional permits/wells in Deep Water Creek Bay.

According to Bloomberg, SHD Oil & Gas, LLC operates as an upstream oil and gas company. The company is based in McLean, Virginia, 650 Tysons Boulevard, Suite 900.