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Monday, June 26, 2017

Wow, Wow, Wow! After All These Months, Did Gadeco Finally Get This Well Producing Again? Gadeco, Golden, #20398 -- June 26, 2017

This was my previous note regarding this well:
December 9, 2014: just noticed that this one went inactive in August, 2014; track the well here.
  • 20398, 1,313 825 (corrected), Gadeco, Golden 25-36H, Epping, Bakken, t6/12; cum 147K 3/17; IA as of 8/14; back on status for one month, 12/14, but then off-line all of 1/15; now listed as A, 2/15. Off-line 11/15, and then back on-line 3/16 but only 3 - 6 days each month through 6/16. Two IPs provided; not explained why; t6/12; installed new ESP after it quit working 4/16; July 18, 2016; back on status, 2/15;A API 33-105-02135; FracFocus: no report that this well has been fracked. No stimulation reports in the file. On-line only 2 days 12/16; off-line since; last checked 3/17; remains off-line since 12/16 and before that off-line much of the time.
Look at the most recent production report:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-20172343704356123052985188109
BAKKEN3-20170000000
BAKKEN2-20170000000
BAKKEN1-20170000000
BAKKEN12-201629769793607367341
BAKKEN11-201618211821632736440644005
BAKKEN10-2016123596359920804004398220
BAKKEN9-2016182370293123904826477543
BAKKEN8-2016206256600236158486841710
BAKKEN7-20161642563831221236383478152
BAKKEN6-2016114894891757007000
BAKKEN5-201632403611253093090
BAKKEN4-20166309784312344104240
BAKKEN3-2016310725062865220522
BAKKEN2-20160000000
BAKKEN1-20160000000
BAKKEN12-2015100011110
BAKKEN11-20156534148722332321
BAKKEN10-201524205418214925323432340
BAKKEN9-201526313133132566996250324930
BAKKEN8-201531247123536511194719470

The 4,356 bbls over 23 days extrapolates to almost 6,000 bbls over a 30-day month.

If this is accurate: a huge "congrats" to the roughnecks getting this well back on-line.

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