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Friday, October 20, 2017

Why The Bakken Continues To Excite Me -- EOG To Report Four Huge Wells -- October 20, 2017

This page will not be updated. These wells are followed elsewhere. EOG permits are followed elsewhere.

EOG will soon report four huge wells in Clarks Creek oil field. It will be interesting to see the frack data (my hunch: well over 10 million lbs/well). Note that each of the four wells below had more than 50,000 bbls/month at least once, two wells had over 60,000 bbls/month; and, one of these wells had almost 70,000 bbls/month.

For newbies: the infrastructure costs (pads, roads to pads, pipelines) to support these wells have pretty much been paid for years ago. These wells were pretty much guaranteed to be huge wells. Three months of 50,000 bbs/month = 150,000 bbls in one quarter. EOG has its own sand mines.

Early production numbers for these wells:
 

32796, SI/NC, EOG, in July, 2016, target formation was changed from middle Bakken, to Three Forks, first bench; Clarks Creek 73-0719H, SWSE 7-151-94, 45K first month (6/17 -- still conf):

DateOil RunsMCF Sold
8-20175204993206
7-20175970984999
6-20174548318118

 32795, SI/NC, EOG, Clarks Creek 110-0719H, SWSE 7-151-94, 44K first month (6/17 -- still conf):

ateOil RunsMCF Sold
8-20174572479899
7-20175073872096
6-2017437481687


32794, SI/NC, EOG, Clarks Creek 74-0719H, SWSE 7-151-94, 47K first month (6/17 -- still conf):

DateOil RunsMCF Sold
8-20175114687778
7-20176603994086
6-20174739217014

33050, SI/NC, EOG, Clarks Creek 75-0719HX, SWSE 7-151-94, 42K first month (6/17 -- still conf):

DateOil RunsMCF Sold
8-20175706994244
7-20176017085764
6-20174164515762

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Stumbaling

This made my day.

I'm impressed Father Guido Sarducci agreed to be one of the judges.

Stumbaling, Г.Матвейчук / А.Макеева

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