Petro-Hunt Looking To Put Five Wells In A 640-Acre Drilling Unit In The Charlson Oil Field -- February 25, 2017

Updates

February 26, 2017: I've always considered the Charlson oil field one of the better fields in the Bakken, but the field is not even on the top 20 list for a) overall production; or, b) production/well.

Original Post

 
Remember: regardless of the size of the drilling unit, or the length of the horizontal, operators are targeting wells with EURs of at least 500,000 bbls of oil these days.

This is pretty cool.

In a 640-acre laydown drilling unit, Petro-Hunt is looking to place five horizontal Bakken pool (middle Bakken or Three Forks) wells.

From the March, 2017, hearing dockets:

• Case #25671 (not a permit, but a hearing case number), Petro-Hunt, Charlson-Bakken, four wells on a laydown 640-acre unit; S/2 of sections 35/36-154-95; six wells on an overlapping 1280-acre unit; McKenzie County

This is the approximate 640-acre drilling unit, the south half of the two neighboring sections, south of the river:

Petro-Hunt is looking to have as many as five wells in that 640-acre drilling unit outlined in red. The producing well in that drilling unit (#16963) has produced over 700,000 bbls in less than ten years and is still going strong. It will be interesting to look at the production profile of this well when four more wells are "squeezed" into this small drilling unit. 

Note the dual lateral that was drilled back in 2008:

16963: note the two laterals going off in different directions; one lateral fracked with 580,578 lbs of sand; the other lateral fracked with 470,943 lbs of sand.

• 16963, 423, Petro-Hunt, USA 35D-1-1H, Charlson Three Forks, t12/08; cum 716K 12/16:
• The production profile for the first two years, pretty impressive:

BAKKEN	1-2011	31	10352	10845	772	14132	10420	3495
BAKKEN	12-2010	31	10641	10516	744	9057	8840	0
BAKKEN	11-2010	30	10029	9965	674	14832	6671	7951
BAKKEN	10-2010	31	10606	10984	712	15545	9194	6134
BAKKEN	9-2010	30	10632	10013	713	15373	11392	3771
BAKKEN	8-2010	31	11307	11438	803	15828	8614	6997
BAKKEN	7-2010	31	11730	11426	838	15648	6636	8795
BAKKEN	6-2010	30	11671	11738	857	15394	4423	10761
BAKKEN	5-2010	31	12527	12602	902	12635	877	11541
BAKKEN	4-2010	30	12645	12771	902	18157	877	17070
BAKKEN	3-2010	31	13689	13385	970	19090	8089	10784
BAKKEN	2-2010	28	12882	13097	933	17663	14103	3364
BAKKEN	1-2010	31	14937	14836	1051	20312	16959	3136
BAKKEN	12-2009	31	15787	15729	1155	21066	16011	4838
BAKKEN	11-2009	30	15937	15995	1237	22310	9288	12812
BAKKEN	10-2009	31	17588	17987	1629	24681	21484	2980
BAKKEN	9-2009	30	15668	15286	1214	20404	19496	698
BAKKEN	8-2009	31	12737	13015	822	17691	13015	4459
BAKKEN	7-2009	31	13836	13625	892	16476	11800	4459
BAKKEN	6-2009	30	14163	14537	1004	16482	4235	12037
BAKKEN	5-2009	31	15556	15605	1125	18343	21	18112
BAKKEN	4-2009	30	16430	15914	1287	19949	3906	15833
BAKKEN	3-2009	31	18371	18615	1641	17030	17030	0
BAKKEN	2-2009	26	12301	12349	1435	12188	12188	0
BAKKEN	1-2009	31	9912	9841	899	10219	10219	0

Look how long that well produced at a rate over 10,000 bbls/month with minimal amount of proppant. 

The well had a "slow" decline rate and still produces over 3,000 bbls of oil each month.

Random Update Of Two Older MRO Wells -- Both Re-Entered, Re-Fracked -- February 25, 2017

The two wells:

• 16611 -- re-entered, a sidetrack lateral, and re-fracked
• 17064 -- re-entered, to extend the original lateral; original horizontal fell short of planned bottom hole

Both successfully re-entered, lengthened (#17064) or new side-track (#16611) with successful re-frack.

16611, 428, MRO, Carlson 21-29H, Bailey, t10/07; cum 306K 12/16; 

First year of production:

BAKKEN	8-2008	31	3225	3255	548	2398	2398	0
BAKKEN	7-2008	31	3588	3625	632	1506	1506	0
BAKKEN	6-2008	30	3961	3769	688	2634	2634	0
BAKKEN	5-2008	31	5219	5598	962	3207	3207	0
BAKKEN	4-2008	30	3968	3657	727	1789	1789	0
BAKKEN	3-2008	16	2439	2517	1058	0	0	0
BAKKEN	2-2008	29	3597	3430	757	327	327	0
BAKKEN	1-2008	31	4122	4310	914	227	227	0
BAKKEN	12-2007	31	4924	5089	1207	540	540	0
BAKKEN	11-2007	30	5139	4948	1075	1183	1183	0
BAKKEN	10-2007	29	7644	7989	2493	1202	1202	0
BAKKEN	9-2007	4	1794	967	1240	469	469	0

Results following successful re-entry, and re-frack:

BAKKEN	5-2016	31	6196	6124	3063	4658	3077	732
BAKKEN	4-2016	30	6107	6132	2987	4913	4041	39
BAKKEN	3-2016	31	6512	6486	3112	5144	4206	55
BAKKEN	2-2016	29	6265	6252	3010	4949	4054	51
BAKKEN	1-2016	31	6679	6685	3276	5364	4417	46
BAKKEN	12-2015	31	6624	6675	3232	5310	4318	97
BAKKEN	11-2015	30	6637	6571	3021	5299	4365	44
BAKKEN	10-2015	31	6714	6774	3198	5608	4573	133
BAKKEN	9-2015	30	12644	12581	5793	9432	6491	1408
BAKKEN	8-2015	31	10030	10121	5034	8076	6529	302
BAKKEN	7-2015	31	15224	15209	8612	12745	10588	344
BAKKEN	6-2015	30	18132	18447	12833	14088	9918	2050
BAKKEN	5-2015	22	3381	3205	3485	2760	1259	1020
BAKKEN	4-2015	18	2298	2292	3025	1492	154	984

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17064, 514, MRO, Dan tuhy 14-32H, Bailey, t6/08; cum 344K 12/16;

First twelve months of production following:

BAKKEN	4-2009	30	3321	3544	394	2031	2031	0
BAKKEN	3-2009	31	3573	3387	416	2069	2069	0
BAKKEN	2-2009	28	3591	3485	423	1867	1867	0
BAKKEN	1-2009	29	4093	4059	458	2123	2123	0
BAKKEN	12-2008	31	4531	5094	438	1468	1468	0
BAKKEN	11-2008	30	4858	4474	511	3005	3005	0
BAKKEN	10-2008	31	5586	5569	599	3311	3311	0
BAKKEN	9-2008	30	6421	6757	683	3693	3693	0
BAKKEN	8-2008	31	7983	7519	737	4920	4920	0
BAKKEN	7-2008	23	8024	7934	592	3897	3897	0
BAKKEN	6-2008	26	8263	8311	1490	0	0	0
BAKKEN	5-2008	9	551	228	118	0	0	0

Twelve months of production following re-entry, and successful re-frack:

BAKKEN	2-2016	29	3947	3965	1228	3280	2637	47
BAKKEN	1-2016	31	4247	4211	1330	3440	2764	36
BAKKEN	12-2015	31	4499	4458	1405	3610	2896	47
BAKKEN	11-2015	30	4641	4659	1441	3715	2983	58
BAKKEN	10-2015	31	5210	5151	1601	4158	3322	93
BAKKEN	9-2015	30	5318	5318	1661	3884	2591	545
BAKKEN	8-2015	31	5664	5657	1809	4583	3679	114
BAKKEN	7-2015	31	5944	6063	1993	4820	3813	186
BAKKEN	6-2015	30	6346	6380	2352	5011	3924	229
BAKKEN	5-2015	31	6073	5833	1915	4849	3706	311
BAKKEN	4-2015	30	8911	8909	3168	6860	4942	785
BAKKEN	3-2015	26	10116	10264	4381	7052	4553	1266
BAKKEN	2-2015	19	9235	9203	4075	6240	4106	1036
BAKKEN	1-2015	20	6508	6699	3172	4227	2645	766
BAKKEN	12-2014	21	9954	9763	3854	6678	4717	770
BAKKEN	11-2014	0	0	0	0	0	0	0
BAKKEN	10-2014	6	168	235	22	164	92	21
BAKKEN	9-2014	30	918	676	151	867	534	5

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Screenshot Of The Two Wells

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Candidate For Re-Frack

Based on its dismal production profile, the other well in that drilling unit looks like a  prime candidate for re-fracking:

• 23980, 576, MRO, Klay Carlson 41-29TFH, t6/13; cum 104K 12/16;

DAPL -- What A Waste -- February 25, 2017

I'm sitting here on a Saturday night reviewing the most recent dockets and listening to music from the 1960s which, of course, included the huge Vietnam protest movement. Regardless of how one felt about the Vietnam protests at the time, the music that came out of that movement was incredible. And, of course, the high point might have been Woodstock.

I'm not sure there were any environmental activists there at the time, but in the big scheme of things, the tens of thousands that descended on rural New York treated the land a whole lot better than what we saw in Standing Rock -- and Standing Rock was an environmental activist movement co-opting Native Americans and their "sacred land."

What they did to the land at Cannonball was a travesty. From Twitter:

“This is probably the biggest ecological mess on the entire Missouri River system from top to bottom in this country” Governor Doug Burgum said in his recent interview with KFGO 790 AM. Clean up efforts continue this weekend to lessen environmental impacts left by the protest camps. #DAPL #NDResponse

But the worst part: we didn't get one good song out of  the months and months of their protests.

One wonders.

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A Most Sad Story

My heart goes out to the family. The picture at the link is most poignant. I served alongside many radar intercept officers during my time in the USAF though by that time the career field had morphed into Weapons Systems Operators.

A Marine radar intercept officer missing nearly 48 years after he was shot down over Laos during the Vietnam War has been accounted for after his remains were found last year.

The remains of Marine Corps Reserve 1st Lt William (Billy) Ryan, of Bogota, N.J., were identified through DNA tests conducted by the Defense Pow/MIA Accounting Agency at the Pentagon, the paper reported Friday.

Ryan’s plane crashed on a combat mission in southern Laos near the Vietnam border on May 11, 1969, the day before his son’s first birthday.  

A lab identified the remains as Ryan's and notified Michael last month.

The next day Ryan’s widow Judith was diagnosed with stage-4 stomach cancer.

It's interesting. Perhaps this is the only story that will "affect" me this weekend. It puts everything into perspective. A young wife. A son who cannot remember his father's touch.

Not many (any?) countries would still be obligating money to track down and identify remains. I wonder if Meryl Streep will comment on this. Or Jodie Foster. Or Martin Scorsese.

****************************

Going Up The Country

Going Up The Country, Canned Heat   ************************** Modern Technology  

In Syria, ISIS is using drones to direct driver-less suicide bombing trucks into soft targets as well as military posts. 

  ***************************
Notes To The Granddaughters

Sophia: 2 1/2 years old: gymnastics and swimming today.

Olivia: soccer; her team won by a convincing margin, 4 - 0; Olivia, a mid-fielder, the only one playing up (one year younger than the rest of the team); lots of assists; no goals by herself

Arianna: flute competition; math and science competition

A busy, busy day, with lots of moving parts, and everything happened on time, on budget. 

The only real problem: Sophia had one of her few temper tantrums -- she refused to leave the swimming pool. 

Tomorrow, Sunday:

Sophia: soccer practice

Olivia: US Olympic development practice -- an hour and a half away

Arianna: lots of homework

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The Book Page

If you are at all interested in quantum theory, I would highly recommend Quantum Fuzz: The Strange True Makeup of Everything Around Us, Michael S. Walker, c. 2017.

I probably have ten to fifteen books related to quantum theory in my library. Of course, I don't understand any of it but I keep reading. Little by little a few things "click."

I finally understand several concepts that I never understood before -- the author does a great job explaining things.

From the book, page 136:

The first general-purpose electronic computer, the ENIAC, was designed to produce artillery firing tables for the US Army But it was soon diverted under the influence of the mathematician John von Neumann (then working at Los Alamos on the Manhattan Project) to run calculations on the feasibility of producing a hydrogen bomb.

ENIAC's existence was announced to the public in 1946. It was 8 x 3 x 100 feet in size, contained 17,468 vacuum-tube electroinic switches (bits), and ran with a 100-thousand-cycle-per-second clock (=100 kilohertz = 100kHz).

Each instruction took twenty clock signals to process, and so it had an instruction processing rate at 5 kHZ.

For comparison, note that my Mac mini desktop computer 9which is four years old at the time of this writing) has a 2 gigabyte memory (2 billion bytes, 16 billion bits, a million times the bits in ENICA) and runs with clock speed of 2.4 billion clock signals per second (2.4 GHz), that is, 24,000 times faster than ENIAC.

2 bits, 4 bits, 6 bits, a dollar! How many bits in a byte? Yup, 8.

The March, 2017, NDIC Hearing Dockets Agenda

Disclaimer: done quickly; not proofread; there will be factual and typographical errors. Shorthand. Do not quote me on any of this. I post it to help me understand the Bakken. If this is important to you, go to the source, which is linked at various places on the post.

The March, 2017, NDIC Hearing Dockets

Summary Of Full Agenda

Thursday, March 23, 2017

Supplement, one case

link here

25708, DW Slate LLC, Eagle Nest-Bakken, establish a 320-acre unit; 2 wells; establish a 1600-acre overlapping unit; 2 wells; Dunn County

Thursday, March 23, 2017

Seven pages -- highlights

link here

25677, Liberty Resources, Gros Venture-Bakken, establish a 1920-acre unit; 1 well; Burke County
25678, WPX, Squaw Creek-Bakken, establish an overlapping 1920-acre unit; 10 wells, McKenzie County
25679, Sedalia Energy, Pratt-Madison and the Pratt-Madison Pool, multiple horizontals, McHenry County
25680, Sedalia Energy, Pratt-Madison and the Pratt-Madison Pool, multiple laterals, McHenry County
25681, Crescent Point Energy, Marmon-Bakken, establish an overlapping 2560-acre unit; 1 well; Williams
25682, Slawson, Big Bend and/or Van Hook-Bakken, establish an overlapping 3840-acre unit; 1 well; Mountrail, McLean
25683, DW Slate LLC, Eagle Nest-Bakken, establish a 320-acre unit; 2 wells; establish an overlapping 640-acre unit; 2 wells; Dunn County
25684, Sierra Resources, Antelope-Sanish, establish a 640-acre, 1 well; McKenzie
25685, CLR, Elidah-Bakken establish an overlapping 5120-acre unit; 2 wells; McKenzie
25686, NDIC, terminate the South Antler Creek-Madison unit, operated by CLR, Bottineau County
25687, NDIC, Alkali Creek-Bakken, appropriate spacing of a 2560-acre unit, McKenzie
25688, EOG, reovking an MRO permit; McKenzie County
25689, MRO, revoking an EOG permit; McKenzie County
25690, XTO pooling,
25691, WPX, pooling,
25692, WPX, pooling,
25693, Liberty Resources, Northwest McGregor-Bakken, 8 wells on an existing 1280-acre unit;
25694, Liberty Resources, Big Meadow-Bakken, 8 wells on an existing 1280-acre unit, Williams County
25695, Abraxas, Pershing-Bakken, sixteen (16) wells on an existing 1280-acre unit; McKenzie County
25696, Crescent Point Energy, pooling,
25697, Crescent Point Energy, pooling,
25698, Crescent Point, Marmon-Bakken, 8 wells on each of three existing 1280-acre units; Williams; total 24 wells
25699, Crescent Point, Lone Tree Lake-Bakken, 9 wells on each of six existing 1280-acre units; Williams; total 54 wells
25700, Hunt, flaring, Green Lake-Bakken, Williams
25701, Hunt, flaring, Sioux Trail-Bakken, Divide
25702, Hunt, flaring, Smoky-Butte-Bakken, Williams
25703, Hunt, flaring Zahl-Bakken, Williams
25704, Slawson, commingling,
25705, CLR, pooling,
25706, CRL, SWD, McKenzie
25707, Landtech, SWD, McKenzie

Wednesday, March 22, 2017

Seven pages -- highlights

link here

25644, NDIC, confiscation, #1 McMahen State well, operated by Marsha Azar, Dunn County
25645, NDCI, confiscation, #1 Cook N well, operated by Marsha Azar, Dunn County
25646, Petro-Hunt, Charlson-Bakken, establish a 1280-acre unit; 3 wells; establish an overlapping 3840-acre unit; 1 well; McKenzie County
25647. Oasis, Banks-Bakken, to allow the Hagen Banks 5198 13-6 11B well (#32915) to be drilled in its current status with a portion of the spacing unit consisting of sections 30/31-152-98, and with a window cut and a sidetrack drilled across the same boundary and isolated by casing and cement, allowing the Hagen Banks 5198 13-6 12T (#32914) and the Hagen Banks 5198 13-6 10T (#32916) wells be completed from the same spacing unit; McKenzie
25648, MRO, flaring, Antelope-Saish, McKenzie, Mountrail
25649, MRO, flaring, Bailey-Bakken, Dunn
25650, MRO, flaring Chimney Butte-Bakken, Dunn
25651, MRO, flaring Killdeer-Bakken, Dunn
25652, MRO, Reunion Bay and/or Van Hook-Bakken, establish a 2560-acre unit, 2 wells; Mountrail
25653, MRO, Reunion Bay-Bakken; setback rules
25654, Foundation Energy, Beach-Red River, injectivity test, Davidson 44-31H (#25676), Golden Valley
25655, Foundation Energy, Camel Hump-Red River, injectivity test, Wirtzfeld 21-24H (#25792), Golden Valley
25656, HRC, Antelope-Sanish, injectivity test, Fort Berthold 151-94-26B-35-1H (#20328); Fort Berthold 151-94-26B-35-2H (#22708); and, Fort Berthold 151-94-26B-35-3H (#22707), McKenzie
25657, HRC, Eagle Nest-Bakken establish an overlapping 2560-acre unit, 1+ wells, Dunn
25658, Petro Harvester Operating, Flaxton-Madison, Portal-Madison, and Lignite-Madison, establish two 640-acre units; 2 wells each; Burke County
25659, Whiting, Madison formation, establish six (6) standup 640-acre drilling units in T154-98 and T154-97, one horizontal well in each drilling unit; Williams
25660, QEP, revoking multiple EOG permits, McKenzie County
25661, BR, Jim Creek-Bakken, establish two 2560-acre units; 14 wells in each unit; establish three overlapping 3-section units, 1 well each; Dunn
25662, Whiting, SWD, Truax, Williams
25663, Foundation Energy, Camel Hump-Red River; Wirtzfeld 21-24H (#25792), injectivity test; 
Golden Valley
25664, Kraken, Hebron-Bakken; 5 wells on each of three 960-acre units; Williams County
25665, Kraken Oil & Gas, Hebron-Bakken, 14 wells on each of two 1280-acre units; Williams County
25666, Kraken Oil & Gas, Squires-Bakken, 14 wells on each of four 1280-acre units; Williams County; total 56 wells;
25667, Hess, commingling
25668, MRO, commingling
25669, MRO, commingling
25670, MRO, pooling,
25671, Petro-Hunt, Charlson-Bakken, four wells on a laydown 640-acre unit; S/2 of sections 35/36-154-95; six wells on an overlapping 1280-acre unit; McKenzie County
25672, BR, pooling,
25673, BR, pooling,
25674, BR, pooling,
25675, BR, pooling,
25676, BR, pooling,

Great News! More Than Enough Water In The West To Frack All "We" Want -- February 25, 2017

Apparently -- at least this is what I'm being told -- on November 9, 2016, when President-elect Trump was putting his schedule together with whom he planned to meet, he put several military generals, a couple of billionaire CEOs, and God at the head of the line.

God asked Trump if HE could have a few days before visiting the gold towers. HE had some work to do.

It turns out that God, too, had thought Hillary was going to win. HE was not happy and hoped to "rain on her parade." HE commanded the heavens to start raining and records are now being set.

Current snowpack in the western United States.

God asked Trump if they still needed to meet, and Trump said, "Nope, got all the rain we need for fracking. Thanks."

God is apparently now working with "Bibi" on a one-state solution.

And so it goes.

Skunk Creek Wells In Mandaree -- February 25, 2017

A reader noted that several Skunk Creek wells are now inactive. I didn't think much of it at the time, but now that I've taken a look, the Skunk Creek wells deserve to be updated. I will comment on the inactive status once I update the wells.

The production data has been updated; not sure if I will get back to any further comments on these wells this weekend. 

ND Mineral Acres Bought For About $7,000 / Acre -- February 25, 2017

Active rigs:

	2/25/2017	02/25/2016	02/25/2015	02/25/2014	02/25/2013
Active Rigs	40	39	121	190	181

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Updates

May 6, 2018: flipped.

Original Post 

New "name" in the Bakken. In the March, 2017, NDIC hearing dockets, a new name was noted, DW Slate. The company is not yet found on the NDIC "well search" site. From a pay site:

Austin real estate developer Forestar Group is selling its oil and gas assets targeting the Bakken and Three Forks in North Dakota for $59.5 million. Buyer DW Slate, an affiliate of New York alternative asset manager DW Partners, is getting 9,000 net acres (56% HBP) and an average 8% WI in ~140 producing wells primarily located on the Fort Berthold Indian Reservation near Parshall field. DW Partners was spun off from European hedge fund...

$60 million / 9,000 net acres = $7,000

Forestar was also not found at the NDIC "well search" site. So, I don't see either of these as operators; they hold "interests" in mineral acres in North Dakota. 

A DW Slate, LLC, has this address: 590 Madison Avenue, NY, NY 10022.

The Form 8-K, April 7, 2016:

• seller: Forestar Petroleum Company, subsidiary of Forestar Group
• buyer: DW Slate, LLC
• $50 million
• assets located in Divide, Dunn, McKenzie, McLean, and Mountrail Counties

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A Note For Richard Dawkins: Yes, God Exists

Songs that prove the existence of God:

500 Miles, Peter, Paul, and Mary

500 Miles, Justin Timberlake, Carey Mulligan, "Inside Llewyn Davis"