Summary Of Daily Activity Report -- October 3, 2017; MRO Reports Three Huge Wells In Bailey Oil Field

I forgot to post this yesterday. Sorry.

Eight new permits:

• Operators: Oasis (6), CLR (2)
• Fields: Banks (McKenzie); Bear Creek (Dunn)
• Comments: Oasis has permits for a 6-well Aagvik/Nelson pad in Banks oil field; NWNE 26-152-98

Nineteen permits renewed:

• Petro-Hunt (5): three Mongoose permits and two Arsenal Federal permits, all in McKenzie County
• QEP (4): four MHA permits in Dunn County
• MRO (4): one Ness USA permit; one Beckky USA permit; one Hans USA permit; and, one Ballmeyer USA permit, all in SESE 8-151-93, Mountrail County
• Crescent Point (2): two CPEUSC Keith wells in Williams County
• SHD (2): one Rocky permit and one Mufasa permit, both in McLean County
• HRC (2): two Borrud permits, both in Williams County

Five producing wells (DUCs) reported as completed:

• 29630, 5,644, MRO, Clarice USA 14-9H, Bailey, 45 stages, 8.3 million lbs, t9/17; cum --
• 29631, 3,070, MRO, Delia USA 14-9TFH, Bailey, Three Forks B1, 45 stages; 8.1 million lbs, t8/17; cum 11K over 6 days -- extrapolates to 56,385 bbls over a 30-day month;
• 29634, 4,048, MRO, Double H 34-8TFH, Bailey, Three Forks B1, 45 stages, 8.1 million lbs, t9/17; cum --
• 32911, 524, BR, Lillibridge 3D UTFH, Blue Buttes, Three Forks, 28 stages, 14.1 million lbs, t9/17; cum -- 
• 32912, 413, BR, Lillibridge-Veeder 3E MBH-ULW, Blue Buttes, t8/17; cum --;

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The MRO DUCs Reported Above

Existing wells:

• 16677, AB/101, MRO, Beck 24-8H, Bailey, t12/07; cum 15K 1/10;
• 16735, 296, MRO, Beck 14-8H, Bailey, t3/08; cum 179K 8/17; note recent production in spreadsheet below, API - 33-025000649, according to FracFocus, this well was re-fracked, 7/9/2017 - 7/27/2017:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2017	9	14776	13832	0	7276	0	5629
BAKKEN	7-2017	0	0	0	0	0	0	0
BAKKEN	6-2017	0	0	0	0	0	0	0
BAKKEN	5-2017	0	0	0	0	0	0	0
BAKKEN	4-2017	0	0	0	0	0	0	0
BAKKEN	3-2017	0	0	0	0	0	0	0
BAKKEN	2-2017	9	171	335	37	219	0	167
BAKKEN	1-2017	31	854	892	170	923	0	646
BAKKEN	12-2016	31	907	1038	127	575	0	292

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Record IPs in the Bakken

Record IPs in the Bakken. If the IP for #29630 holds up and is not a typographical error it will go down as one of the bigger wells in the Bakken, but is not a record, but it certainly was close. I don't track production of wells in the first full month of production (or best month in the first six months) but it's very possible #29630 might have that record once we see the first six months of production.

Source: question #9, FAQs:

9. What is the record IP to date in the Williston Basin? (note "bo" vs "boe" - the former is bbls of oil; the latter is bbls of oil equivalent which includes crude oil and natural gas):

From the Whiting 1Q15 transcript: The Flatland Federal 11-4TFH well (#27520) produced at an initial rate of 7,800 BOEs per day (6,002 bbls of crude oil/day IP) during a 24-hour test of the Three Forks formation, making this the very best well in the basin. The Flatland Federal 11-4HR well produced at an initial rate of 7,100 BOEs per day during a 24-hour test of the Middle Bakken formation.

From a November 11, 2014, post (see also the November 25, 2014, post, same subject); The first well, in the Middle Bakken formation, was completed with 94 stages and was flowing 7,120 BOE/d on October 10, 2014, according to the operator. When the well was completed, it established a world record for number of stages in a single well.

Soon after, an offset well in the Upper Three Forks formation was completed with 104 stages. This well was flowing 7,824 BOE/d on October 11, 2014. This was a hybrid completion comprising 97 NCS GripShift cemented casing sleeves, with seven NCS BallShift cemented ball-drop sleeves in the lower section of the well. In both wells, all stages were successfully fractured.

More to follow: in 2Q14 earnings report, WLL: Tarpon Well Completed in 2nd Bench of Three Forks Flowing 6,071 boepd. Not a record in the Bakken -- see Statoil's #23992. But still, this is huge for the second bench.

Statoil reported an IP of 5,417 on September 26, 2013: #23992, Beaux 18-19 7H, Banks oil field. Based on its IP for natural gas (9,663), this well had an IP of 7,083 boepd. 

Statoil reported an IP of 5,387 on July 19, 2013: #23387, Beaux 18-19 4H, Banks oil field. This might be a new record (this is the IP for crude oil only).

The initial production of any well, self-reported by the producer, is becoming less meaningful over time. Having said that, it looks like the record IP for a Bakken well is now 5,200, a Newfield well (July, 2011): 18691, 5,200, NFX, Wisness Federal 152-96-4-2H, Westberg, Bakken.

Statoil reported on July 10, 2013: 23385, 5,070, Beaux 18-19 6H, Banks, t6/13; cum -- ; 7 days to drill the lateral; I did not see completion data; 31 swell packers planned; 

Two earlier wells: a Whiting well which had an IP of 4,761 boepd: file #17612, 4,761 boepd IP, Whiting, Maki 11-27H, Mountrail County, Sanish field.  This is still current as of February 20, 2010. Since then, BEXP claims to have set a record with the Sorenson 29-32 1-H, #18654, with a 24-hour flowback of 5,133 bopd. However, the NDIC reported an IP of 2,944. BEXP also reported the Jack Cvancara 19-18 #1H (this site is down) in the Ross project area with a 24-hour flowback of 5,035.

New record in the Bakken, November 3, 2011. The Tarpon Federal 21-4H is a Whiting  Petroleum operated well and had a 24-hour initial production (IP) rate of 7,009 barrels of oil equivalent (BOE), setting a new Williston Basin record for a Bakken well.

Whiting said this was a record TFS well at the time, early 2012, file #20526, Smith 34-12TFH, 2,446, 102K in first 4.5 months.

A corollary: what is the best Bakken well? For 2012, click here. 60,000K in first month.