EOG With Three New Permits In The Parshall -- Snapshot -- May 21, 2016

EOG has new permits for a 3-well pad in the Parshall per the May 20, 2016, daily activity report, as seen below:

Production data regarding the single well in that section:

• 17075, 2,310, EOG, Austin 9-11H, Parshall, a single section lateral, 640-acre spacing, t6/08; cum 680K 3/16; only 9 days in 3/16; 

Austin wells are tracked here:

• EOG's Austin wells in the Parshall (this page  has not been updated in a long time)

Significant events for #17075:

• ESP placed June, 2014
• connected to the LACT meter, January, 2009
• flowing to pump in December, 2008
• open hole frack, 2 million lbs sand
• spud: 1:00 a.m., 04/12/08
• cease drilling at 14,506 feet: 05/04/08; looks like about 16 days of actual drilling

Some things to consider:

• this was a short lateral; some folks suggest that IPs and EURs should double with a 2-section horizontal compared to a short lateral; I do not know how accurate that assumption is
• note: this short lateral has produced 680,000 bbls to date and has periods where it has produced much less than capable (see selected production intervals below).
• this was an open hole frack using 2008 technology; only 2 million lbs sand
• EOG is now using upwards of 10 million lbs of sand (and sometimes much more) in long laterals

Selected production intervals (oldest to most recent):

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare

First full year:

BAKKEN	5-2009	31	25318	25190	619	9407	9257	0
BAKKEN	4-2009	29	20834	20834	498	6707	6554	14
BAKKEN	3-2009	31	26456	26459	683	8781	8601	25
BAKKEN	2-2009	28	24767	24787	597	8117	7917	60
BAKKEN	1-2009	31	29407	31632	842	4526	3445	930
BAKKEN	12-2008	18	17796	17185	558	4874	4623	163
BAKKEN	11-2008	19	13914	14376	677	2104	1380	631
BAKKEN	10-2008	31	25217	24840	537	6352	2619	3578
BAKKEN	9-2008	30	28280	28576	676	10803	25	10629
BAKKEN	8-2008	31	36329	35763	898	13816	0	13661
BAKKEN	7-2008	31	44593	45558	1572	16810	0	16657
BAKKEN	6-2008	10	27151	24538	6804	10216	0	10166

Three years later, calendar year 2011:

BAKKEN	12-2011	29	5370	5412	159	5170	5025	0
BAKKEN	11-2011	30	5356	5353	154	4874	4724	0
BAKKEN	10-2011	31	5722	5725	150	4711	4414	143
BAKKEN	9-2011	30	5824	5824	154	4914	4765	0
BAKKEN	8-2011	31	6260	6391	162	5146	4991	0
BAKKEN	7-2011	31	6364	6236	162	4812	4526	132
BAKKEN	6-2011	30	6205	6205	155	4353	4132	71
BAKKEN	5-2011	31	6513	6517	197	4185	3958	72
BAKKEN	4-2011	30	6019	6015	127	3447	3196	108
BAKKEN	3-2011	31	6581	7009	142	3070	2923	0
BAKKEN	2-2011	19	4036	3558	137	1543	1453	0
BAKKEN	1-2011	15	2916	3034	146	1520	1451	0

Full 12 months after Saudi Arabia announces surge: 

BAKKEN	9-2015	30	1463	1464	57	1251	1007	0
BAKKEN	8-2015	31	1464	1469	50	1270	689	329
BAKKEN	7-2015	31	1562	1576	65	1272	983	37
BAKKEN	6-2015	30	1455	1438	153	1242	954	44
BAKKEN	5-2015	31	1820	1811	56	1505	1253	0
BAKKEN	4-2015	30	1577	1596	174	1337	1057	36
BAKKEN	3-2015	31	1973	1946	80	1483	1231	0
BAKKEN	2-2015	28	2067	2071	122	1413	1185	0
BAKKEN	1-2015	15	1084	1104	396	752	506	127
BAKKEN	12-2014	0	0	0	0	0	0	0
BAKKEN	11-2014	20	539	525	484	529	371	4
BAKKEN	10-2014	31	1022	1002	40	1005	746	9

 
Last three months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2016	9	563	540	166	521	453	0
BAKKEN	2-2016	25	1472	1490	85	1278	1043	38
BAKKEN	1-2016	31	1733	1771	70	1568	1294	22