The tea leaves suggest "over-production" of crude oil in 2018; many, many stories on OPEC's failure to rein in production and raise the price of oil. Four graphs tell the story and should scare the heck out of Saudi Arabia who is cash-strapped to do much about this. This was just one post that pretty much summarizes Saudi Arabia's problem. US CAPEX shall is 10x more than the rest of the world. WTI traded well below $50 all week, and traders got excited when the price of WTI went from $46 to $47 -- that tells me how far things have fallen.
The top "operations" story for me is one that was just posted: an incredible BR well in Sand Creek, produced 102,000 bbls in first seven days of production, posted here and here.
Production data for March, 2017, was posted in four posts: here, here, here, and here.
Despite everything, North Dakota is still producing more than 1 million bbls of crude oil daily.
Operations
Production in Sand Creek oil field surged; no change in number of wells
Random update of a Hess BB-Federal well
Random update on a Newfield well in Sand Creek
CLR well with an IP of "754" goes on to produce a half-million bbls of oil and is still going strong
Random update of a Whiting Wisness well
EURs in the Bakken now tracking one-million-bbl-type curves
Pipelines
$6.3 million pipeline being considered in Watford City area
Savage Bakken Connector, Trenton, ND, declares open season
Fracking
Random update of a re-fracked Hess BB-Olson well
Bakken 2.0
Re-fracks
Five DUCs reported as completed
Bakken economy
Roosevelt Inn and Suites in Williston has new owner
Friday, May 12, 2017
Some Incredible Things Going On In The Bakken -- May 12, 2017
There are some incredible things going on in the Bakken. My hunch is one can extrapolate these "incredible things" to the Permian and the Eagle Ford.
I'm just too tired to talk about this tonight but if the spirit moves me I will tackle this tomorrow.
It concerns this area in the Bakken:
Note: there are only seven horizontal wells in these two sections (although they are part of a 4-section drilling unit). Before it's all over, there will be as many as 32 wells in this drilling unit.
Note one well posted at this site, 102,000 bbls in 7 days (although it was probably 33 days, in reality):
And then on top of that, one of the older wells was re-fracked and had an excellent result.
Huge things are going on in the Bakken. Just too tired to do much else with this tonight. It's not that I'm too tired to go on; it's just that all this data coming out of the Bakken is simply overwhelming. I wonder if Jane Nielson is following the Bakken any more?
Production profile:
I'm just too tired to talk about this tonight but if the spirit moves me I will tackle this tomorrow.
It concerns this area in the Bakken:
 |
Note one well posted at this site, 102,000 bbls in 7 days (although it was probably 33 days, in reality):
- 30326, 2,652, BR, Old Hickory 41-32TFH, Three Forks, 29 stages, 7.4 million lbs, t2/17; cum 102K 3/17;
- Three Forks
- minimal number of stages in the big scheme of things
- moderate amount of proppant; nothing unusual
And then on top of that, one of the older wells was re-fracked and had an excellent result.
Huge things are going on in the Bakken. Just too tired to do much else with this tonight. It's not that I'm too tired to go on; it's just that all this data coming out of the Bakken is simply overwhelming. I wonder if Jane Nielson is following the Bakken any more?
Production profile:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 7-2017 | 30 | 31808 | 31766 | 9060 | 58740 | 58666 | 0 |
| BAKKEN | 6-2017 | 30 | 29400 | 29326 | 10085 | 56051 | 55582 | 395 |
| BAKKEN | 5-2017 | 2 | 17272 | 17203 | 5895 | 32913 | 32910 | 0 |
| BAKKEN | 4-2017 | 29 | 27465 | 27513 | 6771 | 49238 | 48727 | 439 |
| BAKKEN | 3-2017 | 5 | 22767 | 22798 | 7306 | 38345 | 37411 | 924 |
| BAKKEN | 2-2017 | 2 | 20995 | 20807 | 6913 | 27863 | 15736 | 12122 |
Huge Correction-- BR -- #30326 -- Old Hickory -- March 12, 2017
Updates
June 16, 2017: it looks like there is a huge correction for two Old Hickory wells. The "81,000 bbls in one month" noted in the original post seems to have been in error. The current scout tickets for these two wells now show a change in the oil production in that one month; produced water and natural gas figures remained unchanged.
Scout ticket, #30224:
NDIC File No: 30224 API No: 33-053-06569-00-00 CTB No: 230325
Well Type: OG Well Status: A Status Date: 1/15/2017 Wellbore type: Horizontal
Location: SENE 32-153-96 Footages: 1579 FNL 683 FEL Latitude: 48.033939 Longitude: -103.046193
Current Operator: BURLINGTON RESOURCES OIL & GAS COMPANY LP
Current Well Name: OLD HICKORY 42-32MBH
Elevation(s): 2341 KB 2314 GR 2315 GL Total Depth: 21390 Field: SAND CREEK
Spud Date(s): 10/11/2015
Casing String(s): 9.625" 2482' 7" 10885'
Completion Data
Pool: BAKKEN Perfs: 10885-21390 Comp: 1/15/2017 Status: F Date: 1/18/2017 Spacing: 4SEC
Cumulative Production Data
Pool: BAKKEN Cum Oil: 67402 Cum MCF Gas: 118093 Cum Water: 19314
Production Test Data
IP Test Date: 1/18/2017 Pool: BAKKEN IP Oil: 2544 IP MCF: 4447 IP Water: 936
Monthly Production DataWell Type: OG Well Status: A Status Date: 1/15/2017 Wellbore type: Horizontal
Location: SENE 32-153-96 Footages: 1579 FNL 683 FEL Latitude: 48.033939 Longitude: -103.046193
Current Operator: BURLINGTON RESOURCES OIL & GAS COMPANY LP
Current Well Name: OLD HICKORY 42-32MBH
Elevation(s): 2341 KB 2314 GR 2315 GL Total Depth: 21390 Field: SAND CREEK
Spud Date(s): 10/11/2015
Casing String(s): 9.625" 2482' 7" 10885'
Completion Data
Pool: BAKKEN Perfs: 10885-21390 Comp: 1/15/2017 Status: F Date: 1/18/2017 Spacing: 4SEC
Cumulative Production Data
Pool: BAKKEN Cum Oil: 67402 Cum MCF Gas: 118093 Cum Water: 19314
Production Test Data
IP Test Date: 1/18/2017 Pool: BAKKEN IP Oil: 2544 IP MCF: 4447 IP Water: 936
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 4-2017 | 30 | 31647 | 31681 | 5138 | 53019 | 52647 | 298 |
| BAKKEN | 3-2017 | 31 | 23196 | 23084 | 6726 | 39765 | 38998 | 692 |
| BAKKEN | 2-2017 | 6 | 2526 | 2478 | 1725 | 4141 | 4126 | 0 |
| BAKKEN | 1-2017 | 16 | 10033 | 10033 | 5725 | 21168 | 16519 | 4609 |
Scout ticket, #30326:
NDIC File No: 30326 API No: 33-053-06614-00-00 CTB No: 230325
Well Type: OG Well Status: A Status Date: 2/10/2017 Wellbore type: Horizontal Location: NENE 32-153-96 Footages: 890 FNL 230 FEL Latitude: 48.035829 Longitude: -103.044340 Current Operator: BURLINGTON RESOURCES OIL & GAS COMPANY LP Current Well Name: OLD HICKORY 41-32TFH Elevation(s): 2318 KB 2291 GR 2292 GL Total Depth: 20975 Field: SAND CREEK Spud Date(s): 8/23/2015 Casing String(s): 9.625" 2453' 7" 10927' Completion Data Pool: BAKKEN Perfs: 10927-20975 Comp: 2/10/2017 Status: F Date: 2/14/2017 Spacing: 4SEC Cumulative Production Data Pool: BAKKEN Cum Oil: 71194 Cum MCF Gas: 115446 Cum Water: 20990 Production Test Data IP Test Date: 2/14/2017 Pool: BAKKEN IP Oil: 2652 IP MCF: 3246 IP Water: 1130 | ||||||||||||||||||||||||||||||||||||
Monthly Production Data
|
Original Post
For newbies: early in the Bakken boom, if a well produced 100,000 bbls in the first two years, it was considered a good well. Then EOG was getting 100,000 bbls in the first year and then talked about 100,000 bbls in the first six months. Look at this: 100,000 bbls in 7 days (actually I think the second month was likely a full month, but if in fact it was 5 days, it is even more staggering).
The well:
- 30326, 2,652, BR, Old Hickory 41-32TFH, Three Forks, 29 stages, 7.4 million lbs, t2/17; cum 102K 3/17;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 3-2017 | 5 | 81002 | 80630 | 7306 | 38345 | 37411 | 924 |
| BAKKEN | 2-2017 | 2 | 20995 | 20807 | 6913 | 27863 | 15736 | 12122 |
The graphic is at this post.
The scout ticket:
NDIC File No: 30326 API No: 33-053-06614-00-00
Well Type: OG Well Status: A Status Date: 2/10/2017 Wellbore type: Horizontal
Location: NENE 32-153-96 Latitude: 48.035829 Longitude: -103.044340
Current Operator: BURLINGTON RESOURCES OIL & GAS COMPANY LP
Current Well Name: OLD HICKORY 41-32TFH
Elevation(s): 2318 KB 2291 GR 2292 GL Total Depth: 20975 Field: SAND CREEK
Spud Date(s): 8/23/2015
Completion Data
Pool: BAKKEN Perfs: 10927-20975 Comp: 2/10/2017 Status: F Date: 2/14/2017 Spacing: 4SEC
Cumulative Production Data
Pool: BAKKEN Cum Oil: 101997 Cum MCF Gas: 66208 Cum Water: 14219
Production Test Data
IP Test Date: 2/14/2017 Pool: BAKKEN IP Oil: 2,652 IP MCF: 3246 IP Water: 1130
*************************************
One Wonders If "81686" Should Have Been "18686"?
A reader pointed out "the other" Old Hickory well with similar production:
- 30224, 2,544, BR, Old Hickory 42-32MBH, Sand Creek, 34 stages, 5.2 million lbs, t1/17; cum 94K 3/17;
NDIC File No: 30224 API No: 33-053-06569-00-00
Well Type: OG Well Status: A Status Date: 1/15/2017 Wellbore type: Horizontal
Location: SENE 32-153-96 Latitude: 48.033939 Longitude: -103.046193
Current Operator: BURLINGTON RESOURCES OIL & GAS COMPANY LP
Current Well Name: OLD HICKORY 42-32MBH
Elevation(s): 2341 KB 2314 GR 2315 GL Total Depth: 21390 Field: SAND CREEK
Spud Date(s): 10/11/2015
Completion Data
Pool: BAKKEN Perfs: 10885-21390 Comp: 1/15/2017 Status: F Date: 1/18/2017 Spacing: 4SEC
Cumulative Production Data
Pool: BAKKEN Cum Oil: 94245 Cum MCF Gas: 65074 Cum Water: 14176
Production Test Data
IP Test Date: 1/18/2017 Pool: BAKKEN IP Oil: 2544 IP MCF: 4447 IP Water: 936
Monthly Production Data:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 3-2017 | 31 | 81686 | 81169 | 6726 | 39765 | 38998 | 692 |
| BAKKEN | 2-2017 | 6 | 2526 | 2478 | 1725 | 4141 | 4126 | 0 |
| BAKKEN | 1-2017 | 16 | 10033 | 10033 | 5725 | 21168 | 16519 | 4609 |
Random Note On Production Jump In Sand Creek Oil Field -- March, 2017
Operators can now manage individual wells from corporate operational headquarters / regional offices. It is always an interesting exercise to look for some examples. First, go to this post: production in top Bakken oil fields, March, 2017, data, and look at Sand Creek oil field, #12 on the list.
In February, 2017, there were 94 wells actively producing oil, and in February, 2017, those 94 wells produced 410,944 bbls of oil.
One month later, in March, 2017, there were still 94 wells actively producing oil, and in March, 2017, those same 94 wells produced 534,342 bbls of oil, an increase of almost 40% month-over-month.
Sand Creek oil field is tracked here. It needs to be updated, but one can quickly scroll through the permits and see which operator(s) control this field. I don't find it surprising that production jumped almost 40%.
In February, 2017, there were 94 wells actively producing oil, and in February, 2017, those 94 wells produced 410,944 bbls of oil.
One month later, in March, 2017, there were still 94 wells actively producing oil, and in March, 2017, those same 94 wells produced 534,342 bbls of oil, an increase of almost 40% month-over-month.
Sand Creek oil field is tracked here. It needs to be updated, but one can quickly scroll through the permits and see which operator(s) control this field. I don't find it surprising that production jumped almost 40%.
March, 2017, Data -- Production In Top Bakken Oil Fields
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.
February, 2017, and March, 2017, data for top twenty (20) producing oil fields in the Bakken. Ranked by production for March, 2017, column 7.
February, 2017, and March, 2017, data for top twenty (20) producing oil fields in the Bakken. Ranked by production for March, 2017, column 7.
|
Field
|
Feb 2017 Prod
|
Feb Wells
|
Feb Oil / Well / Month
|
Percent Change Jan-to-Feb
|
Change in # of wells
|
March 2017 Prod
|
March Wells
|
Mar Oil / Well / Month
|
Percent Change Feb-to-Mar
|
Change in # of wells
|
|
Parshall
|
1,103,965
|
468
|
2,359
|
-15.48%
|
3
|
1,337,466
|
483
|
2,769
|
21.15%
|
15
|
|
Sanish
|
1,056,426
|
602
|
1,755
|
-11.18%
|
0
|
1,087,280
|
602
|
1,806
|
2.92%
|
0
|
|
Siverston
|
818,555
|
252
|
3,248
|
1.10%
|
0
|
997,739
|
260
|
3,837
|
21.89%
|
8
|
|
Reunion Bay
|
727,591
|
167
|
4,357
|
8.64%
|
7
|
898,484
|
167
|
5,380
|
23.49%
|
0
|
|
Blue Buttes
|
839,739
|
157
|
5,349
|
13.24%
|
5
|
887,369
|
157
|
5,652
|
5.67%
|
0
|
|
Banks
|
626,144
|
199
|
3,146
|
17.92%
|
6
|
828,193
|
201
|
4,120
|
32.27%
|
2
|
|
Antelope-Sanish
|
725,059
|
175
|
4,143
|
6.40%
|
7
|
815,558
|
177
|
4,608
|
12.48%
|
2
|
|
Grail
|
777,902
|
188
|
4,138
|
7.92%
|
6
|
786,608
|
188
|
4,184
|
1.12%
|
0
|
|
Corral Creek
|
579,669
|
158
|
3,669
|
6.42%
|
7
|
701,657
|
160
|
4,385
|
21.04%
|
2
|
|
Alger
|
647,532
|
326
|
1,986
|
12.72%
|
2
|
652,291
|
326
|
2,001
|
0.73%
|
0
|
|
Heart Butte
|
424,232
|
186
|
2,281
|
-10.68%
|
3
|
584,046
|
196
|
2,980
|
37.67%
|
10
|
|
Sand Creek
|
410,944
|
94
|
4,372
|
17.31%
|
1
|
534,342
|
94
|
5,684
|
30.03%
|
0
|
|
Poe
|
461,908
|
104
|
4,441
|
1.26%
|
3
|
523,481
|
104
|
5,033
|
13.33%
|
0
|
|
Spotted Horn
|
369,691
|
88
|
4,201
|
-7.17%
|
0
|
508,738
|
97
|
5,245
|
37.61%
|
9
|
|
Van Hook
|
510,250
|
189
|
2,700
|
-17.70%
|
-1
|
505,314
|
189
|
2,674
|
-0.97%
|
0
|
|
Alkali Creek
|
486,725
|
152
|
3,202
|
-8.10%
|
0
|
466,127
|
152
|
3,067
|
-4.23%
|
0
|
|
Camp
|
373,679
|
142
|
2,632
|
-11.97%
|
1
|
439,809
|
145
|
3,033
|
17.70%
|
3
|
|
Eagle Nest
|
417,875
|
92
|
4,542
|
-13.61%
|
-1
|
436,899
|
97
|
4,504
|
4.55%
|
5
|
|
Lost Bridge
|
228,112
|
62
|
3,679
|
-9.86%
|
1
|
434,986
|
64
|
6,797
|
90.69%
|
2
|
|
Big Bend
|
424,498
|
122
|
3,479
|
8.24%
|
2
|
427,894
|
122
|
3,507
|
0.80%
|
0
|