EOG Reports A Producing Well On A Huge Pad On Today's Daily Activity Report
From Daily Activity Report: Summary of That Report Posted Below
In a long note like this, there will be typographical and factual errors. There is a combination of planning data and completed data; I don't always identify which. I am doing this to help me understand the Bakken. If this information is important to you, go the source.
One producing well completed:
- 31247, 1,613, EOG, West Clark 103-0136H, Clarks Creek, not a particularly long horizontal, about halfway into second of two sections, ICO spacing, permit application for 960 acre-spacing unit, permit application estimated total depth of 17,889 feet; actual TD = 17,965; I don't think the frack data has been posted yet (API: 33-053006954-00-00); t5/16; cum --
This is just one of 16 wells that will be on this pad, called the West Clark 1 SWSW 1 Well Pad. The wells that are or will be on this pad:
It looks like there will 45 oil storage tanks on the pad (+ three water tanks) from the schematic below:
Maybe once all the pumpers are on the pad, and all the tanks are in place, we can get Vern Whitten to get us an aerial photo. Time Magazine or National Geographic might like to make it a cover photo for their respective magazine. Maybe TimeLife could provide a glossy special edition of the Bakken as it enters its "manufacturing stage."
A schematic of the processing plant map:
Gas capture plan:
Economic overview of this pad, for newbies: it is estimated that a Bakken well costs between $6 million and $10 million to complete. The older wells cost more than the newer wells, all things being equal. Costs are coming down in the Bakken. If we suggest that it cost about $7.5 million on average to complete each of these 16 wells, this pad .... 16 x 7.5 = $120 million.
In addition to whatever the wells cost, there were folks employed designing and building the pad; designing and building the road to the pad; designing/planning pad "refining"; pipelines to and from the pad; etc, etc. Once the pad is completed, it will require routine maintenance and attention. I doubt there are many mom-and-pop retail stores anywhere in North Dakota that rival the cost and activity involved in just this one pad.
As a reminder: both Bernie Sanders and Hillary Clinton want to ban fracking.
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Back To The Daily Activity Report For June 7, 2016
Lime Rock renewed two permits, two Robert Sadowsky wells, both in Dunn County.
Samson Resources cancelled one permit, a Ranger permit in Divide County.
Active rigs:
6/7/2016 | 06/07/2015 | 06/07/2014 | 06/07/2013 | 06/07/2012 | |
---|---|---|---|---|---|
Active Rigs | 26 | 82 | 194 | 189 | 214 |
Ten (10) wells coming off confidential list Wednesday:
- 30771, SI/NC, XTO, FBIR Grinnell 34X-33B, Heart Butte, no production data,
- 30852, 2,954, Whiting, Connie 21-4H, Stockyard Creek, total middle Bakken pay zone thickness estimated at 45 feet; a trip gas of 3,475 units with a 6 - 8 foot flare, 37 stages, 6.6 million lbs; t12/15; cum 137K 4/16;
- 30892, 1,390, Oasis, Andersmadson 5201 43-24 7B, Camp, 36 stages, 4.1 million lbs, t2/16; cum 51K after 42 days;
- 30893, 984, Oasis, Andersmadson 5201 43-24 8T, Camp, 36 stages, 4.1 million lbs, t2/16; cum 22K after 52 days;
- 30894, 1,668, Oasis, Andersmadson 5201 43-24 9B, Camp, 36 stages, 4.1 million lsb, t2/16; cum 48K after 2 months;
- 30895, 869, Oasis, Andersmadson 5201 43-24 10T, Camp, t3/16; cum 15K after 42 days;
- 31053, 606, Oasis, Andersmadson 5201 42-24 3B, Camp, 36 stages, 4.1 million lbs, t1/16; cum 48K 4/16;
- 31054, 1,341, Oasis, Andersmadson 5201 42-24 4T, Camp, t1/16; cum 38K 4/16 but only about 20 days/month;
- 31055, 1,941, Oasis, Andersmadson 5201 42-24 5B, Camp, t1/16; cum 77K 4/16;
- 31056, 1,259, Oasis, Andersmadson 5201 42-24 6T, Camp, t1/16; cum 45K 4/16;
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31056, see above, Oasis, Andersmadson 5201 42-24 6T, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 8159 | 10746 |
3-2016 | 13271 | 13613 |
2-2016 | 18885 | 20704 |
1-2016 | 4198 | 3188 |
31055, see above, Oasis, Andersmadson 5201 42-24 5B, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 15421 | 17013 |
3-2016 | 18503 | 18400 |
2-2016 | 30813 | 27430 |
1-2016 | 12582 | 9889 |
31054, see above, Oasis, Andersmadson 5201 42-24 4T, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 4034 | 3658 |
3-2016 | 6848 | 5716 |
2-2016 | 10674 | 8842 |
1-2016 | 15987 | 20602 |
31053, see above, Oasis, Andersmadson 5201 42-24 3B, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 16839 | 18425 |
3-2016 | 10435 | 12545 |
2-2016 | 10773 | 10008 |
1-2016 | 9754 | 6622 |
30895, see above, Oasis, Andersmadson 5201 43-24 10T, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 1722 | 2517 |
3-2016 | 12951 | 14124 |
30894, see above, Oasis, Andersmadson 5201 43-24 9B, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 15278 | 15137 |
3-2016 | 31267 | 37965 |
2-2016 | 1005 | 0 |
30893, see above, Oasis, Andersmadson 5201 43-24 8T, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 6973 | 7802 |
3-2016 | 12339 | 0 |
2-2016 | 2987 | 0 |
30892, see above, Oasis, Andersmadson 5201 43-24 7B, Camp:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 15753 | 14244 |
3-2016 | 25165 | 17337 |
2-2016 | 10272 | 0 |
30852, see above, Whiting, Connie 21-4H, Stockyard Creek:
Date | Oil Runs | MCF Sold |
---|---|---|
4-2016 | 15478 | 23484 |
3-2016 | 25368 | 37901 |
2-2016 | 25340 | 33964 |
1-2016 | 29706 | 19549 |
12-2015 | 40475 | 1474 |
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