Folks receiving royalty payments from the Newfield Moberg wells should see a hefty jump in their checks over the next few months. This well was just completed:
- 32058, 1,898, Newfield, Moberg Federal 149-95-29-32-14HLW, Bear Den, 4 sections; Three Forks, 62 stages, 6 million lbs, t8/17; cum 68K 9/17;
In addition to this great well, there are several neighboring wells:
- 26027, 434, Newfield, Moberg Federal 149-95-29-32-11H, t12/13; cum 45K 10/17; this has been an awful well from the beginning but in the past two months, an increase in production has been seen, albeit still not a great well; see production data below
- 20170, 2,939, Newfield, Moberg Federal 149-95-29-32-2H, t5/12; cum 428K 10/17; this one is back on line after the neighboring frack but did not show any increased production -- at least not yet;
- 22198, 857, Newfield, Moberg Federal 149-95-29-32-3H, t5/12; cum 460K 10/17; it is still shut in (because of neighboring frack activity) but it looks like the kind of well that might be responsive to neighboring fracks
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26027,
434, Newfield, Moberg Federal 149-95-29-32-11H, t12/13;
cum 45K 10/17:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|
| BAKKEN | 10-2017 | 31 | 2258 | 2383 | 1833 | 2863 | 2571 | 13 |
| BAKKEN | 9-2017 | 30 | 2532 | 2391 | 2536 | 2940 | 2419 | 277 |
| BAKKEN | 8-2017 | 22 | 1830 | 1778 | 2651 | 1862 | 1663 | 8 |
| BAKKEN | 7-2017 | 18 | 300 | 228 | 122 | 810 | 662 | 0 |
| BAKKEN | 6-2017 | 30 | 598 | 683 | 240 | 1008 | 737 | 1 |
| BAKKEN | 5-2017 | 20 | 417 | 457 | 203 | 710 | 553 | 4 |
| BAKKEN | 4-2017 | 28 | 558 | 463 | 192 | 960 | 718 | 0 |
| BAKKEN | 3-2017 | 31 | 589 | 710 | 216 | 916 | 636 | 3 |
| BAKKEN | 2-2017 | 28 | 517 | 465 | 198 | 880 | 625 | 3 |
| BAKKEN | 1-2017 | 31 | 655 | 721 | 253 | 984 | 707 | 0 |
But for mineral owners, if you've been seeing checks based on $45 oil and 600 bbls/month from this well, there should be a significant jump with $55 oil and 2,500 bbls/month.
