Friday, May 13, 2016

Crude Oil Data Points For The Bakken, March, 2016; Top Twenty Oil Fields Arranged By Oil/Well/Month (Descending) -- March, 2016 Data

Note: in a long table like this, there are bound to be typographical and factual errors. I am posting this for my own benefit; I do not encourage others to pay much attention to it if it's important to them. If this data is important to you, go to the source (the NDIC).  Whether every last data point is accurate or not does not concern me; I am interested in getting an idea of what is going on in the Bakken, nothing more, nothing less.

The table below reflects data for the past three months of data, January, 2016, through March, 2016.

The first table is ordered from greatest to least, the amount of oil per well per the entire month of March (second to last column).

In a long list like this there are likely to be typographical and factual errors. I have cross-checked a couple columns but not all of them. I will do some more checking later on and make corrections as needed.

The total North Dakota crude oil production was essentially unchanged month-over-month, February, 2016, through March, 2016, despite the fact that very, very few new wells were completed in the past month.

So, how is that possible? When you run down the table, pay attention to the number of wells in each field, and take a field, for example, Long Creek. In both February and March it had the same number of wells. I did not check but I would bet a six pack that there were no new wells in Long Creek in March; these are the same wells as in February. But note the 20% increase in well production in Long Creek. Interesting, huh? Again, I haven't double-checked the numbers but I'm pretty sure most are correct.

Another example is Bear Den: the number of wells did not change (44), and yet production increased 22% month-over-month, December, 2015, to January, 2016; increased 17% the following reporting period, and then increased another 12% this most recent reporting period. And these are probably the same 44 wells for the past several months.

For each month there are four columns.
  • the first month is the total amount of oil produced by the particular field
  • the second column is the number of active wells in that particular field
  • the third column is the amount of oil per well for the entire month (not daily)
  • the fourth column is the percent change of the amount of oil per well per month, month-over-month
Some squares are blank because I did not capture the date that month. I have no idea why the grid lines did not show up in some cases.

Field
January 2016
Jan Wells
Jan Oil/Well/Month
Percent Change Dec-to-Jan
February 2016
Feb Wells
Feb Oil/Well/Month
Percent Change Jan-to-Feb
March 2016
March Wells
Mar Oil/Well/Month
Percent Change Feb-to-Mar
Twin Valley




159,498
17
9,382

169,141
18
9,397
0.15%
Spotted Horn
408,309
66
6,187
15.03%
397,868
70
5,684
-2.56%
651,954
72
9,055
37.23%
Long Creek
242,123
27
8,968
7.90%
170,498
27
6,315
-29.58%
212,573
27
7,873
19.79%
Bear Den
244,669
44
5,561
22.34%
286,133
44
6,503
16.95%
327,380
44
7,440
12.60%
Bear Creek




177,384
27
6,570

184,850
27
6,846
4.04%
Grail
840,089
159
5,284
10.43%
954,428
168
5,681
13.61%
1,091,032
172
6,343
10.44%
Pershing
320,227
39
8,211
20.89%
254,260
39
6,519
-20.60%
245,755
39
6,301
-3.46%
Camel Butte
346,584
34
10,194
-0.54%
254,196
34
7,476
-26.66%
213,467
34
6,278
-19.08%
Antelope 
942,578
157
6,004
-0.00%
939,734
162
5,801
-0.30%
973,685
162
6,010
3.49%
Tobacco Garden




257,896
52
4,960

283,781
52
5,457
9.12%
Corral Creek
701,919
141
4,978
-2.87%
814,870
148
5,506
16.09%
787,759
148
5,323
-3.44%
East Fork
525,808
99
5,311
6.00%
473,133
99
4,779
-10.02%
539,008
102
5,284
9.56%
South Fork




136,699
29
4,714

140,314
29
4,838
2.58%
Lost Bridge
266,840
53
5,035
1.69%
256,930
53
4,848
-3.71%
253,549
53
4,784
-1.33%
McGregory Buttes
377,350
84
4,492
2.06%
346,188
84
4,121
   -8.26%
393,480
84
4,684
12.02%
Crazy Man Creek
224,303
44
5,098
7.25%
191,404
44
4,350
-14.67%
205,655
44
4,674
6.93%
Blue Buttes
783,914
135
5,807
-0.85%
674,886
137
4,926
-13.91%
636,797
137
4,648
-5.98%
Alkali Creek
651,321
138
4,720
-1.82%
674,787
140
4,820
3.60%
654,870
141
4,644
-3.78%
Reunion Bay 
691,065
146
4,733
-1.82%
633,995
146
4,342
-8.26%
675,936
146
4,630
6.20%
Johnson Corner




124,815
31
4,026

141,232
31
4,556
11.62%


These are the top 20 oil fields based on total field production (arranged greatest to least) for March, 2016: the fourth to last column. Compare the number of wells in the top four producing fields. Note Spotted Horn field with only 72 wells vs the Sanish with 600 wells (and, yes, I just went back and checked the Spotted Horn data for March, 2016):

Field
January 2016
Jan Wells
Jan Oil/Well/Month
Percent Change Dec-to-Jan
February 2016
Feb Wells
Feb Oil/Well/Month
Percent Change Jan-to-Feb
March 2016
March Wells
Mar Oil/Well/Month
Percent Change Feb-to-Mar
Sanish
1,610,948
596
2,703
3.35%
1,489,171
600
2,482
-7.56%
1,618,389
600
2,697
7.98%
Grail
840,089
159
5,284
10.43%
954,428
168
5,681
13.61%
1,091,032
172
6,343
10.44%
Parshall
1,122,403
421
2,666
-5.64%
999,597
422
2,369
-10.94%
1,010,286
423
2,388
0.82%
Antelope 
942,578
157
6,004
-0.00%
939,734
162
5,801
-0.30%
973,685
162
6,010
3.49%
Siverston
711,959
214
3,327
-2.60%
667,148
218
3,060
-6.29%
813,390
223
3,647
16.10%
Corral Creek
701,919
141
4,978
-2.87%
814,870
148
5,506
16.09%
787,759
148
5,323
-3.44%
Alger 
768,741
308
2,496
-8.12%
723,330
308
2,348
-5.91%
752,440
308
2,443
3.87%
Reunion Bay 
691,065
146
4,733
-1.82%
633,995
146
4,342
-8.26%
675,936
146
4,630
6.20%
Alkali Creek
651,321
138
4,720
-1.82%
674,787
140
4,820
3.60%
654,870
141
4,644
-3.78%
Spotted Horn
408,309
66
6,187
15.03%
397,868
70
5,684
-2.56%
651,954
72
9,055
37.23%
Blue Buttes
783,914
135
5,807
-0.85%
674,886
137
4,926
-13.91%
636,797
137
4,648
-5.98%
Banks
613,342
165
3,717
-9.92%
581,181
166
3,501
-5.24%
628,133
171
3,673
4.69%
Heart Butte
628,965
170
3,700
1.81%
561,081
173
3,243
-10.79%
623,306
177
3,522
7.90%
Truax
572,302
165
3,468
0.79%
568,820
171
3,326
-0.61%
553,547
171
3,237
-2.76%
East Fork
525,808
99
5,311
6.00%
473,133
99
4,779
-10.02%
539,008
102
5,284
9.56%
Van Hook
599,489
178
3,368
-14.11%
489,871
178
2,752
-18.29%
523,647
178
2,942
6.45%
Robinson Lake
493,399
168
2,937
24.36%
499,861
168
2,975
1.31%
485,098
168
2,887
-3.04%
Camp
388,494
115
3,378
20.90%
336,694
115
2,928
 -13.33%
440,419
119
3,701
20.89%
Hawkeye
351,401
96
3,660
4.69%
294,973
96
3,073
 -16.06%
427,123
101
4,229
27.34%
Bailey
407,915
148
2,756
5.11%
433,251
149
2,908
6.21%
412,982
149
2,772
-4.91%

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