Tuesday, July 28, 2015

North Dakota Wells, A Comparison Between June, 2014, And June, 2015 -- John Kemp

John Kemp is tweeting some North Dakota data. There are two huge data points (at least) in this graph:


Memo to self: send this graph to Jane Nielson.

John Kemp also provided a breakdown of the IPs for wells completed in North Dakota between June 2014 and June 2015. This would include a very small number of non-Bakken wells which generally have IPs at the far left. The table below: the column to the left is the number of bopd flow, IP; the second column is the number of wells that reported an IP as indicated between June 2014 and June 2015:

Number of wells: IP <
  • 100: 23
  • 200: 23
  • 300: 33
  • 400: 40
  • 500: 52
  • 600:73
  • 700: 92
  • 800: 68
  • 900: 65
  • 1000: 58
  • 1100: 60
  • 1200: 55
  • 1300: 58
  • 1400: 50
  • 1500: 48
  • 1600: 28
  • 1700: 39
  • 1800: 25
  • 1900: 33
  • 2000: 35
  • 2100: 37
  • 2200: 30
  • 2300: 29
  • 2400: 21
  • 2500: 18
  • 2600: 17
  • 2700: 4
  • 2800: 12
  • 2900: 4
  • 3000: 11
  • 3100: 8
  • 3200: 5
  • 3300: 3
  • 3400: 3
  • 3500: 3
  • 3600: 3
  • 3700: 2
  • 3800: 2
  • 3900: 2
***********************
Percentage Across Ranges

0 - 500:  171 =  15%
600 - 900: 298 = 25%
1000 - 1200: 173 = 15%
1300 - 1500: 156 =13%
1600 - 2000: 160 = 14%
2100 - 2500:  135 = 12%
2600 - 3000:  48 = 4%
3100 - 3900: 31 = 3%
____________________

Total: 1,172

It appears that 60% or more of North Dakota wells, including some very small Madison and Spearfish wells, a a few dry wells, had an IP of 1,000 bopd or greater.

Note: the numbers come my reading of the graph. Obviously, my reading is not perfect, and I often make simple arithmetic errors. 

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