Off The Net For Awhile -- June 12, 2015

I've been updating the cumulative production numbers for "high IP" wells that were spud back in 2013. It is amazing how much these wells have been choked back (mostly taken off-line) for the past few months.

Some examples (there may be many reasons why production was down, including erroneous reporting, commingling/erroneous reporting, conditioning rules, flaring rules, operational reasons due to pad drilling, work-over [unlikely], pump installation, quotas being met, weather, etc -- but, whatever the reason, one can see how much oil can be cut back on any given well).

First example:

• 24484, 2,932, BR, CCU Prairie Rose 31-30TFH, Corral Creek, t8/13; cum 128K 4/15; 

Note:

• this well is capable of at least 4,000 bop month
• in November, 2014, was on-line for only 13 days
• in February, 2015, produced only 3 bbls of oil 
• still flaring

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	25	1965	1965	740	1722	985	737
BAKKEN	3-2015	31	2266	2307	880	1532	1311	221
BAKKEN	2-2015	27	3	144	840	1976	1913	55
BAKKEN	1-2015	31	3192	3197	873	2680	2671	0
BAKKEN	12-2014	31	3536	3467	930	3066	3059	1
BAKKEN	11-2014	13	1540	1577	396	1046	1043	0
BAKKEN	10-2014	31	2839	2826	1333	2757	2752	0

Second example:

• 23438, 2,464, Statoil, M. Macklin 15-22 7H, Cow Creek, t8/13; cum 139K 41/5:

Note:

• this well is capable of 5,000 bopm
• typical Bakken well with an IP of 2,464 should have had huge 2nd, 3rd, and 4th months (despite being a Statoil well)
• 18 days in April, 2015
• flaring until April, 2015

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	18	1943	2337	3946	1370	1370	0
BAKKEN	3-2015	31	4912	4940	8469	3832	2799	1033
BAKKEN	2-2015	28	4703	5005	6353	4837	4009	828
BAKKEN	1-2015	31	5843	5673	5740	4937	3002	1935

Third example:

• 24338, 2,576, HRC, Fort Berthold 148-94-33D28-4H, McGregory Buttes, t8/13; cum 280K 41/5:

Note:

• remember earlier discussions on general pattern of Bakken wells; typical Bakken well, especially an HRC well with an IP of 2,576, should have had incredible 2nd, 3rd, and 4th months;
• note two months in a row with few days on-line
• still flaring

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	30	11145	10179	6662	9578	8716	652
BAKKEN	3-2015	7	2298	2503	1491	1810	1393	368
BAKKEN	2-2015	9	1483	1622	1196	1639	1467	109
BAKKEN	1-2015	31	6036	6460	4507	5138	4614	307
BAKKEN	12-2014	31	9232	9133	4450	6632	6079	336

Fourth example:

• 24339, 2,302, HRC, Fort Berthold 148-94-33D-28-5H, McGregory Buttes, t8/13; cum 282K 4/15:

Note:

• this well is easily capable of 8,000 bopm
• this well should have produced 20,000 bopm 2nd, 3rd, 4th months
• down to 3,000 bbls in April
• 19 days in March, 2015
• the company can operate the well for 19 days and get as much production as a full 30-day month
• still flaring

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	29	2331	2615	1708	2652	2389	60
BAKKEN	3-2015	19	7017	7746	4660	5384	4998	253
BAKKEN	2-2015	24	6174	5407	3721	4917	4596	153
BAKKEN	1-2015	31	6428	6603	4772	5614	5143	254
BAKKEN	12-2014	31	6951	6876	5754	7388	6981	190
BAKKEN	11-2014	30	6385	6662	4575	6031	5786	35
BAKKEN	10-2014	31	7204	7352	5383	5639	4106	1316

Last example:

• 24906, 2,971, BR, CCU Meriwether 34-19TFH, Corral Creek, t7/13; cum 65K 4/15:

Note:

• just plain crazy to the casual observer, but I'm sure it can all be explained
• remember, this field has been unitized, which may explain a lot
• still flaring
• capable of 8,000 bopm

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	12	1026	975	610	741	565	176
BAKKEN	3-2015	0	0	0	0	0	0	0
BAKKEN	2-2015	0	0	79	0	0	0	0
BAKKEN	1-2015	17	1789	1798	1060	1480	1476	0
BAKKEN	12-2014	12	2123	2036	570	1817	1813	0
BAKKEN	11-2014	0	0	0	0	0	0	0
BAKKEN	10-2014	1	0	73	0	16	16	0
BAKKEN	9-2014	12	2093	2057	670	2361	2354	4
BAKKEN	8-2014	3	749	907	141	735	733	0
BAKKEN	7-2014	16	4064	3868	3953	3849	3476	365
BAKKEN	6-2014	0	0	110	0	0	0	0
BAKKEN	5-2014	29	3157	3131	990	2804	2800	0
BAKKEN	4-2014	9	2414	2330	1270	2183	2157	22
BAKKEN	3-2014	1	0	90	0	61	60	0
BAKKEN	2-2014	12	1830	1985	150	2046	2018	25
BAKKEN	1-2014	25	3504	3428	1045	4908	4872	24
BAKKEN	12-2013	9	3978	3922	686	1378	1371	4
BAKKEN	11-2013	12	5419	5306	2561	2931	2926	2
BAKKEN	10-2013	0	0	93	0	0	0	0
BAKKEN	9-2013	20	7629	7819	4736	8609	8604	0
BAKKEN	8-2013	9	22073	21790	388	7934	7927	0
BAKKEN	7-2013	8	3000	3000	0	0	0	0