Why I Love To Blog -- One Never Knows What One Is Going To Find -- July 19, 2017

Wow, wow, wow -- one may want to re-read this post.

Enhanced oil recovery from unconventional formations has been sought since unconventional development first began.

While recovery factors in conventional reservoirs commonly exceed 25%, unconventional development seldom recovers more than 9%.

There is, therefore, a tremendous amount of oil and gas still in place in unconventional fields, waiting to be recovered.

I've only posted the most recent data from the production profile of this well, but take a look. Maybe I will come back to it later.

 20387, 1,445, Oasis Federal 5300 13-14H, t10/11; cum 315K 5/17;

NDIC File No: 20387     API No: 33-105-02133-00-00     CTB No: 220387 Well Type: OG     Well Status: A     Status Date: 4/15/2017     Wellbore type: Horizontal Location: NWNE 14-153-100     Footages: 200 FNL 2420 FEL     Latitude: 48.081529     Longitude: -103.505707 Current Operator: OASIS PETROLEUM NORTH AMERICA LLC Current Well Name: HANOVER FEDERAL 5300 13-14H Elevation(s): 2195 KB   2181 GR   2187 GL     Total Depth: 20783     Field: WILLOW CREEK Spud Date(s):  7/19/2011 Casing String(s):  9.625" 2210'   7" 11282'   Completion Data    Pool: BAKKEN     Perfs: 11282-20783     Comp: 10/1/2011     Status: AL     Date: 3/8/2012     Spacing: 2SEC Cumulative Production Data    Pool: BAKKEN     Cum Oil: 314848     Cum MCF Gas: 347179     Cum Water: 246485 Production Test Data    IP Test Date: 10/5/2011     Pool: BAKKEN     IP Oil: 1445     IP MCF: 1904     IP Water: 958

Monthly Production Data Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 5-2017 31 16372 16473 30893 27997 24161 3671 BAKKEN 4-2017 18 8049 7863 24952 13408 0 13120 BAKKEN 3-2017 0 0 0 0 0 0 0 BAKKEN 2-2017 0 0 0 0 0 0 0 BAKKEN 1-2017 17 632 1783 1069 1667 1497 0 BAKKEN 12-2016 26 2264 1402 1197 2449 2189 0 BAKKEN 11-2016 30 2142 2305 1539 3666 3366 0 BAKKEN 10-2016 31 1891 1946 1483 3605 3605 0 BAKKEN 9-2016 30 2245 2059 1131 3721 3421 0 BAKKEN 8-2016 30 2053 2170 1283 3539 3239 0 BAKKEN 7-2016 31 2234 1938 1713 4200 3890 0 BAKKEN 6-2016 30 1921 2220 1407 4013 3713 0 BAKKEN 5-2016 31 2057 2074 1682 4896 4586 0 BAKKEN 4-2016 30 2827 2749 1668 5268 4668 0 BAKKEN 3-2016 31 2885 2847 2158 4484 3966 208 BAKKEN 2-2016 24 1429 1549 1228 2873 2633 0 BAKKEN 1-2016 31 2492 2530 1566 4299 3989 0 BAKKEN 12-2015 31 2859 2510 1562 4311 3750 251

My momma always said, "Life was like a box of chocolates. You never know what you're gonna get." -- Forrest Gump.