Random Look At High-Producing Wells In North Dakota -- October, 2017 Data -- Note: NDIC Error On Production

Disclaimer: in a long note like this there will be typographical and factual errors. If this information is important to you, go to the source. I often make simple arithmetic errors. Assumptions regarding royalty calculations are simply that, assumptions. They could be way, way off. 

In October, 2017, there were:

• 97 wells that had runs of more than 30,000 bbls of crude oil for the month
• 37 wells that had runs of more than 40,000 bbls of crude oil for the month
• 15 wells that had runs of more than 50,000 bbls of crude oil for the month

Note: "production" vs "runs" in the data on these pages. I prefer to post "production" numbers, but if the well is on confidential status, we will only have "run" data. With wells on confidential we have no idea how many days the well was actually on-line and producing oil; it could be anywhere from one day to 31 days.

Wells that had runs greater than 60,000 bbls of crude oil in October:

• 33398, conf, WPX, Hidatsa North 14-23HX, Reunion Bay, 83,607 bbls (runs)
• 33381, conf, WPX, Mandan North 13-24HW, Reunion Bay, 75,779 bbls (runs)
• 32830, 1,983, Enerplus, Smooth Green 152-94-18A-19H, Antelope, Sanish, 35 stages; 16.9 million lbs, 72,887 bbls (production)
• 33345, 3,774, MRO, Lund 44-35H, Reunion Bay, 72,907 bbls (production)
• 33347, 3,530, MRO, Houser 14-36H, Reunion Bay, 68,733 bbls (production)
• 24532, 2,838, Petro-Hunt, Clear Creek 152-96-34A-3H, Clear Creek, 58,298 (production); see below

Almost 60,000:

• 33325, 5,072, MRO, Chapman 31-15H, Bailey, 58,141 bbls (production)
• 33346, 4,378, MRO, Harley 14-36TFH,  Reunion Bay, 56,009 bbls (production)

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Royalties

#32830 is spaced at 1280 acres. A mineral own with ten acres ownership:

• 72,887 bbls/1280 acres = 56.943 bbls
• 56.943 bbls * 10 acres = 569.43 bbls
• 569.43 bbls * $40/bbl =  $22,777
• $22,777 * 18% royalty rate = $4,100 for the month for that one well

There are eight wells in that drilling unit:

• 26988, 4,791 bbls; $270
• 26989, 3,553 bbls; $200
• 26990, 2,008 bbls; $113
• 26737, shut-in; was producing 5,000 bbls/month as of 7/17; installed a gas lift in August, 2017; need to follow this up in two to three months;
• 32849, 27,099 bbls; $1,519
• 32832, 44,792 bbls; $2,520
• 32831, 40,386 bbls; $2,272
• 32830, 72,887 bbls (as noted above): $4,100
• Total: $11,000 for the month of October

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Closer Look At #24532

 Update

January 13, 2018: yes, the production dat for 10/17 was originally in error -- corrected production:
 
24532, recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2017	30	1291	1368	317	3211	3002	0
BAKKEN	10-2017	31	1295	1350	285	3343	3127	0
BAKKEN	9-2017	30	1318	1185	293	3352	3143	0
BAKKEN	8-2017	31	1386	1389	360	3702	3486	0
BAKKEN	7-2017	31	1409	1615	325	3716	3504	0
BAKKEN	6-2017	30	1343	1154	335	3442	3193	40
BAKKEN	5-2017	31	1545	1620	325	3894	3628	50

Original Post

The well:

• 24532, 2,838, Petro-Hunt, Clear Creek 152-96-34A-3H, Clear Creek, 58,298 (production); see below

Fracking history:

• FracFocus: 8/30 - 31/2013
• FracFocus: no report of any recent frack
• sundry forms: no evidence of any re-frack
• map: no neighboring wells show any recent fracking; no neighboring wells show any similar production increase; in fact, production in neighboring wells is generally quite poor

Conclusion: one wonders if production data for this well as reported for October, 2017, might be an error.


Recent production (note the jump from 1,500 bbls/month in 9/17 to almost 60,000 bbls in 10/17 :

NDIC File No: 24532     API No: 33-053-04649-00-00     CTB No: 124532 Well Type: OG     Well Status: A     Status Date: 9/21/2013     Wellbore type: Horizontal Location: SWSE 27-152-96     Footages: 264 FSL 1416 FEL     Latitude: 47.949356     Longitude: -102.946579 Current Operator: PETRO-HUNT, L.L.C. Current Well Name: CLEAR CREEK 152-96-34A-3H Elevation(s): 2397 KB   2371 GR   2370 GL     Total Depth: 15670     Field: CLEAR CREEK Spud Date(s):  7/5/2013 Casing String(s):  9.625" 1880'   7" 10865'   Completion Data    Pool: BAKKEN     Perfs: 10865-15670     Comp: 9/21/2013     Status: AL     Date: 5/6/2014    Spacing: ICO Cumulative Production Data    Pool: BAKKEN     Cum Oil: 240538     Cum MCF Gas: 361893     Cum Water: 38385 Production Test Data    IP Test Date: 9/22/2013     Pool: BAKKEN     IP Oil: 2838     IP MCF: 3416     IP Water: 837

Monthly Production Data Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 10-2017 31 58298 58353 285 3343 3127 0 BAKKEN 9-2017 30 1318 1185 293 3352 3143 0 BAKKEN 8-2017 31 1386 1389 360 3702 3486 0 BAKKEN 7-2017 31 1409 1615 325 3716 3504 0