Saturday, September 16, 2017

July, 2017, Data -- Production In Top Bakken Oil Fields -- Oil / Well / Month

Disclaimer: in a spreadsheet done manually there are likely to be typographical and factual errors. If this information is important to you, go to the source. Do not quote me on this data. 

June, 2017, and July, 2017, data for top producing oil fields in the Bakken. Ranked by production / well for July, 2017, column 9.

Earlier this week some inconsequential Wall Street dweeb singled out Continental Resources as a company worthy of shorting. It wasn't so much what he said as how he said it that really, really irritated me. Harold Hamm is the "face" of the Bakken. Single-handedly one might argue he was responsible for making the Bakken what it is. He, along with a few others, like Mark Papa of EOG, and Bud Brigham of BEXP, pushed the envelope, and cracked the code, and along the way, provided thousands of men and women with high-paying jobs and gave them a sense of accomplishment and pride. Elm Tree is pretty much owned by CLR. Look at the production/well that Harold Hamm is getting out of these wells.

July, 2017, data, for Elm Tree:
  • total production: 661,713 bbls crude oil
  • total number of wells: 56
  • average monthly production / well: 11,816 bbls of crude oil 
    • CLR's wells, production, and production / well: 50; 651,485; 13,030 bbls/CLR well
    • Hess wells, production, and production / well: 2; 620; 310 bbls/Hess well 
    • Slawson wells, production, and production / well: 4; 9,608; 2,402 bbls/Slawson well 

Field
June 2017 Prod
June Wells
June Oil / Well / Month
Percent Change May-to-June
Change in # of wells
July 2017 Prod
July Wells
July Oil / Well / Month
Percent Change June-to-July
Change in # of wells
Elm Tree
599,055
63
9,509
23.89%
1
661,713
56
11,816
10.46%
-7
Lost Bridge
466,193
73
6,386
34.38%
5
488,993
73
6,699
4.89%
0
Eagle Nest
605,165
101
5,992
36.01%
4
660,663
102
6,477
9.17%
1
Camel Butte
200,069
41
4,880
12.17%
0
237,706
41
5,798
18.81%
0
South Fork
70,765
32
2,211
-9.44%
3
187,364
33
5,678
164.77%
1
Twin Valley
197,037
31
6,356
-16.38%
0
174,264
31
5,621
-11.56%
0
North Fork
273,342
66
4,142
-0.51%
8
372,130
67
5,554
36.14%
1
Spotted Horn
510,722
98
5,211
-10.21%
0
566,395
108
5,244
10.90%
10
Corral Creek
826,576
164
5,040
-8.66%
0
801,945
164
4,890
-2.98%
0
Banks
760,373
205
3,709
-18.04%
2
941,733
205
4,594
23.85%
0
Antelope-Sanish
791,362
181
4,372
3.61%
0
831,897
187
4,449
5.12%
6
Blue Buttes
681,858
162
4,209
-21.86%
0
761,075
174
4,374
11.62%
12
Sand Creek
451,793
94
4,806
3.04%
0
405,064
94
4,309
-10.34%
0
Mandaree
433,107
91
4,759
0.56%
2
389,228
91
4,277
-10.13%
0
Chimney Butte
428,056
83
5,157
38.29%
2
345,908
83
4,168
-19.19%
0
McGregory Buttes
414,659
103
4,026
2.74%
0
421,155
104
4,050
1.57%
1
Reunion Bay 
679,636
167
4,070
-11.99%
0
654,518
167
3,919
-3.70%
0
Williston
96,120
25
3,845
-6.46%
0
96,878
25
3,875
0.79%
0
Grinnell
176,416
60
2,940
23.32%
0
222,971
60
3,716
26.39%
0
Hawkeye
444,286
116
3,830
6.48%
3
418,970
117
3,581
-5.70%
1

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