Random Look At What Operators Are Doing In The Madison, Williston Basin -- August 15, 2017

A huge "thank you" to a reader for suggesting a look at these two wells.

In a long note like this, there will be typographical and factual errors. If this information is important to you, go to the source.

In today's daily activity report there were two wells transferred from one operator to another operator, from Trendwell Energy Corp to Windridge Operating LL:

• 16220, 250, Windridge/Trendwell, Nelson Unit 1, Lignite, t6/06; cum 66K 6/17;
• 19947, see below

Windridge: I had not heard of Windridge (or if I had, I have forgotten). According to the NDIC, these are the only two wells/permits that Windridge has (as of August 15, 2017).

From this site, Windridge Operating LLC filed as a Domestic Limited Liability Company (LLC) in the State of Texas on Friday, May 5, 2017 and is approximately three months old, according to public records filed with Texas Secretary of State.

16220, a refracked Madison well: 
The past year or so, monthly production profile

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
MADISON	6-2017	1	0	0	235	5	0	0
MADISON	5-2017	11	890	1087	5771	1639	1584	0
MADISON	4-2017	29	4250	4076	16037	7774	7629	0
MADISON	3-2017	31	3218	3366	16037	4588	4458	0
MADISON	2-2017	23	2715	2957	13688	2709	2364	230
MADISON	1-2017	17	911	643	7207	607	272	251
MADISON	12-2016	6	232	0	3242	172	143	0
MADISON	11-2016	0	0	0	0	0	0	0
MADISON	10-2016	0	0	0	0	0	0	0
MADISON	9-2016	0	0	0	0	0	0	0
MADISON	8-2016	22	92	207	66	585	475	0
MADISON	7-2016	31	148	210	167	990	835	0
MADISON	6-2016	30	130	0	74	867	717	0
MADISON	5-2016	31	132	224	80	938	783	0
MADISON	4-2016	30	172	220	154	981	831	0
MADISON	3-2016	31	162	0	97	996	841	0
MADISON	2-2016	29	140	230	90	920	775	0

From the file report prior to initial drilling in May, 2006, and FracFocus:

• initial entry into the packstone porosity, and subsequent bounce off the bottom of zone verified the top and bottom of the zone to be at 5,942’ TVD and 5,947’ TVD, respectively;
• the kickoff point for the northern leg was 6,252’ MD (5,945’ TVD). The well bore kicked off within the primary Nesson porosity and dropped out of zone for 85’ between 6,155’ MD and 6,260’ MD. 
• there was no re-entry or re-frac sundry form
• according to FracFocus, it was re-entered and fracked 11/3 - 5/2016 by Trendwell Energy Corp
• 1.7 million gallons of water; 7% sand by weight

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The Second Well

Same well, originally a middle Bakken; re-entered the Madison later:

• 19947, PNA/208, Windridge/Trendwell, Matter State 3-17H, Woburn, middle Bakken, t3/12; cum 25K 2/17
• 19947, 14, Windridge/Trendwell, Matter State 3-17H, Woburn, Madison, t2/17; cum --

From the file report, in 2016, "abandon the Bakken completion and recomplete to Midale (Madison reservoir) by exiting 7" casing and drilling approximately 4,000 feet of lateral south from existing wellbore within the Midale reservoir."

The frack report is included in the file report:

• Stimulated: 11/25 and 11/26 - 2016; 14 stages; 958K lbs sand
• Stimulated: 11/12/11, middle Bakken; 1 stage, 80K lbs sand &1/30/12, 17 stages, 1.3 million lbs sand 

The past year or so, monthly production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
MADISON	6-2017	30	924	617	27128	866	716	0
MADISON	5-2017	11	18	0	995	55	0	0
MADISON	4-2017	0	0	0	0	0	0	0
MADISON	3-2017	0	0	218	0	0	0	0
BAKKEN	2-2017	0	0	0	0	0	0	0
MADISON	2-2017	26	254	0	15882	130	0	0
BAKKEN	1-2017	0	0	0	0	0	0	0
MADISON	1-2017	27	48	0	9431	135	0	0
BAKKEN	12-2016	0	0	0	0	20	0	0
MADISON	12-2016	4	30	0	2118	20	0	0
BAKKEN	11-2016	0	0	0	0	0	0	0
MADISON	11-2016	0	0	0	0	0	0	0
BAKKEN	10-2016	0	0	0	0	0	0	0
BAKKEN	9-2016	0	0	0	0	0	0	0
BAKKEN	8-2016	5	60	218	368	38	13	0
BAKKEN	7-2016	5	55	0	439	33	8	0
BAKKEN	6-2016	3	33	0	207	23	8	0
BAKKEN	5-2016	8	121	132	824	67	27	0
BAKKEN	4-2016	12	82	0	393	80	20	0

It will be interesting to see how the well does over time. Many, many story lines -- but I have to go pick up the middle granddaughter from soccer.