Wednesday, May 18, 2016

EOG EOR In Clarks Creek? -- May 18, 2016


December 19, 2019: well, this turned out to be a bust. I don't know what this was all about but EOG canceled almost all these permits, and yet the early wells were incredibly good wells. Distracted by the Permian?

Original Post 

Note: for a closer look at two wells mentioned in this long post, this this post:

Note: in a long note like this, there are likely to be typographical and/or factual errors. There may be errors in the graphics. Some items are conjectures at this point based on my understanding of the Bakken. There may be errors in the graphics. I have not triple-checked this post. If this is important to you, go to the source.

It's easy to forget just how incredible the Bakken is.

Maybe this will help.

EOG has recently talked about EOR. When I get a chance, and if I remember, I will provide the link.

Hold that thought.

Today, EOG has renewed eight permits.

Hold that thought.

Down below, I have three graphics to help tell the story of these eight renewed permits.

Near the area of interest, EOG has a permit for a monitoring well.

Hold that thought.

Based on what little I know, the wells in the graphic below are targeting the middle Bakken and the Three Forks, the first bench. There are at least two more benches that can be targeted.

Hold that thought.

Finally (can there be more? oh yes), operators in the Bakken pretty much aren't drilling a well right now if they can't expect a EUR of 900,000 bbls in this part of the play.

Okay, that's the final thought you have to hold. Now look at the graphics.

This is the first graphic that shows the general area of the area of interest: Clarks Creek in the Bakken:

This second graphic zooms in a bit. Note the area of interest. Note the four numbered existing horizontals that run north to south. These are among the longest horizontals in the Bakken, "three sections" long. Most Bakken horizontals are now "two sections" long; in the beginning, back in 2007, they were only "one section" long.

The third graphic. There are eight existing horizontal wells in this graphic. Three of them run from the north, to the south. Five of them run from the south, to the north. There are already 15 wells on confidential status in this area. And now, the eight (8) permits in this immediate area that have been renewed. Note the EOG "monitoring" well, #29679 (text/arrow in blue); it will target the Duperow formation, not for production but for monitoring.

Okay, the fourth graphic. Not much except to show the 15 wells on confidential status and where the area of interest is today (the eight permits that were renewed).

Summary: eight existing horizontals + 15 wells on confidential status + eight permits renewed = 31 wells. These 31 wells target only the middle Bakken and the first bench of the Three Forks. There are two more benches in the Three Forks that could be targeted.

Note: one well below, on-line for less than four (4) years, has produced over 700,000 bbls of oil. 

Now go back to all those thoughts you were holding.

31 x 900,000 = 28 million bbls EUR / 1280 acres = 22,000 bbls/acre.


Eight permits renewed May 18, 2016:
  • 31246, PNC, EOG, West Clark 8-0136H,  
  • 31251, PNC, EOG, West Clark 107-0136H,
  • 31252, PNC, EOG, West Clark 116-0136H,
  • 31253, loc, EOG, West Clark 126-0136H,
  • 31254, PNC, EOG, West Clark 127-0136H,
  • 31255, PNC, EOG, West Clark 134-0136H,
  • 31256, PNC, EOG, West Clark 128-0136H,
  • 31257, PNC, EOG, West Clark 129-0136H,
Fifteen wells on confidential status at time of posting:
  • 31388, PNC, EOG,
  • 31387, PNC, EOG,
  • 31386, PNC, EOG,
  • 31385, PNC, EOG,
  • 31384, PNC, EOG,
  • 31383, PNC, EOG,
  • 31382, PNC, EOG,
  • 31381, PNC, EOG,
  • 31380, PNC, EOG,
  • 31379, PNC, EOG,
  • 31378, PNC, EOG,
  • 31377, PNC, EOG,
  • 31376, PNC, EOG,
  • 31375, PNC, EOG,
  • 31374, PNC, EOG,
Of the eight additional horizontals in this sections: the four running north to south (three sections long):
  • 22485, 1,926, EOG, Hawkeye 01-2501H, Clarks Creek, t1/13; cum 696K 10/19; only 21 days 3/16;; only 2 days 5/16; only 9 days; 6/16;
  • 22486, see below,
  • 22487, 67, EOG, Hawkeye 02-2501H, Clarks Creek, t12/13; cum 853K 10/19; only 22 days 3/16; 0 days 4/16; 1 day 5/16; 22 days 6/16;
  • 22484, 2,946, EOG, Hawkeye 102-2501H, Clarks Creek, t1/13; cum 601K 10/19; only 21 days 3/16; 0 days 4/16; 2 days 5/16; 6/16;
Of the eight additional horizontals in this section: the four running south to north:
  • 31403, 1,447, EOG, West Clark 117-0136H, Clarks Creek, as of 6/16, t5/16; cum 322K 10/19;
  • 31247, 1,613, EOG, West Clark 103-0136H, Clarks Creek, as of 6/16, t5/16; cum 197K 10/19;
  • 31248, 1,272, EOG, West Clark 104-0136H, Clarks Creek, as of 6/16, t5/16; cum 198K 10/19;
  • 31249, TA/127, EOG, West Clark 105-0136H, Clarks Creek,  as of 6/16, producing, looks like it was never completed; minimal oil over three days back in 6/16;

22486, 2,421, EOG, Hawkeye 100-2501H, Clarks Creek, t9/12; cum 703K 6/16; only 22 days 3/16; see production profile below; only 7 days in 5/15; off line 4/19; back on line 10/19;

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare

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