- 19927, 725, EOG, Short Prairie 8-1224H, Round Prairie, 2 sections, AL, t11/12; cum 163K 12/14;
From the NDIC website (basic subscription required; easy to get; $50 annually; well worth it if one has mineral rights):
NDIC File No: 19927
Well Type: OG Well Status: A Status Date: 11/5/2012 Wellbore type: Horizontal
Location: SWSE 12-154-104 Latitude: 48.170116 Longitude: -103.997924
Current Operator: EOG RESOURCES, INC.
Current Well Name: SHORT PRAIRIE 8-1224H
Total Depth: 20466 Field: ROUND PRAIRIE
Spud Date: 6/23/2012
Completion Data
Pool: BAKKEN Perfs: 10716-20466 Comp: 11/5/2012 Status: AL Date: 1/21/2013 Spacing: 2SEC
Cumulative Production Data
Pool: BAKKEN Cum Oil: 162,746 Cum MCF Gas: 100835 Cum Water: 344407
Production Test Data
IP Test Date: 11/6/2012 Pool: BAKKEN IP Oil: 725 IP MCF: 456 IP Water: 4040
Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
---|---|---|---|---|---|---|---|---|
BAKKEN | 12-2014 | 31 | 5043 | 4836 | 6937 | 3727 | 3572 | 0 |
BAKKEN | 11-2014 | 30 | 3446 | 3258 | 6447 | 2608 | 2466 | 0 |
BAKKEN | 10-2014 | 22 | 1960 | 1861 | 5566 | 1367 | 1260 | 0 |
BAKKEN | 9-2014 | 25 | 4078 | 4196 | 5916 | 3419 | 3297 | 0 |
BAKKEN | 8-2014 | 31 | 6350 | 6556 | 8449 | 4874 | 4565 | 154 |
BAKKEN | 7-2014 | 31 | 5392 | 5041 | 8382 | 4449 | 4294 | 0 |
BAKKEN | 6-2014 | 30 | 4932 | 5614 | 7777 | 3961 | 3811 | 0 |
BAKKEN | 5-2014 | 31 | 4791 | 4835 | 8836 | 3644 | 3489 | 0 |
BAKKEN | 4-2014 | 30 | 5168 | 4831 | 9115 | 3771 | 3621 | 0 |
BAKKEN | 3-2014 | 31 | 5125 | 4842 | 8536 | 3730 | 3575 | 0 |
BAKKEN | 2-2014 | 28 | 3786 | 4034 | 8504 | 2499 | 2362 | 0 |
BAKKEN | 1-2014 | 31 | 5242 | 5154 | 10009 | 3426 | 3271 | 0 |
BAKKEN | 12-2013 | 31 | 3918 | 3556 | 9319 | 2633 | 2480 | 0 |
BAKKEN | 11-2013 | 30 | 3313 | 3801 | 8867 | 1645 | 1497 | 0 |
BAKKEN | 10-2013 | 31 | 4969 | 4623 | 11146 | 3111 | 2956 | 0 |
BAKKEN | 9-2013 | 30 | 4591 | 4816 | 10830 | 3129 | 2981 | 0 |
BAKKEN | 8-2013 | 31 | 5008 | 5085 | 12169 | 3241 | 3086 | 0 |
BAKKEN | 7-2013 | 31 | 4934 | 4855 | 12221 | 3096 | 2943 | 0 |
BAKKEN | 6-2013 | 30 | 4665 | 4412 | 12063 | 3319 | 3170 | 0 |
BAKKEN | 5-2013 | 31 | 6198 | 6713 | 15543 | 2730 | 2147 | 433 |
BAKKEN | 4-2013 | 30 | 7368 | 7188 | 16578 | 3771 | 3621 | 0 |
BAKKEN | 3-2013 | 31 | 10075 | 9951 | 20787 | 8200 | 8048 | 0 |
BAKKEN | 2-2013 | 26 | 9582 | 9398 | 18537 | 4761 | 4634 | 0 |
BAKKEN | 1-2013 | 18 | 8663 | 9085 | 17199 | 5706 | 5620 | 0 |
BAKKEN | 12-2012 | 31 | 18886 | 19207 | 40858 | 6549 | 1862 | 4532 |
BAKKEN | 11-2012 | 20 | 15263 | 14111 | 43816 | 7469 | 0 | 7374 |
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Comments (disclaimer -- I have no background or formal training in the oil and gas industry; what follows is simply my opinion; many will disagree; no one should make any decisions based on these comments; it is simply idle chatter; if this information is important to you, you should visit more credible sources):
This was my original description of the Round Prairie oil field:
Round Prairie is about a 20-section oil field west of Williston, right on the Montana state line. It is all prairie. It looks like the field is owned by EOG. The wells are mediocre but they were probably completed before EOG started using newer completion techniques. They should all hit 100,000 bbls in three or four years (some already have); some might take a bit longer. But they should all pay for themselves, and are all good enough to ensure more drilling in this area. With the exception of one well, they are all producing between 1,000 and 6,000 bbls/month.That, of course, was written before the slump in oil prices. It appears the entire field is "held by production," so there won't be any hurry to initiate new drilling until prices recover -- and because this is not the best spot in the Bakken, one would not expect new drilling until oil prices are significantly higher (back in the $80-range, at least). Again, remember this is simply opinion, idle chatter. I have nothing to base this on except my following the Bakken for several years.
A typical well in a mediocre field will probably produce around 400,000 bbls of oil over its 20 - 40-year-lifespan assuming oil prices support continued operation of the well. The total production of a well is referred to as the estimated ultimate recovery (EUR).
The biggest expense for this well, now, is probably getting rid of the water. This well is producing more water than oil right now and all that water has to be trucked out and brought to a saltwater disposal well.
The well is capturing all its natural gas; no natural gas is being flared.
If the price of oil returns to the $100-range, a well like this one would probably be re-worked several times in its life-time.
It's hard to say whether this well will be re-fracked. Its initial fracking was a pretty impressive 48 stages using almost 10 million pounds of sand. It was also a fairly deep well: the middle Bakken about 10,500 feet deep vertically. So, a relatively expensive well.
The biggest unknown is whether this well will be choked back due to the slump in oil prices and whether it will be shut in if the slump in the price of oil persists.
I sent my 50 bucks in and never heard back. I figured they were too busy to get everything done.
ReplyDeleteI can't remember how I was first contacted after I sent in my $50. I think I may have gotten a letter with "user id" and "password."
DeleteIt's possible it was sent to my e-mail address, but I honestly can't remember. If the check has cleared, you should have your password. After the check has cleared, if you have not received your "user id" and your "password" contact NDIC.