Sunday, March 18, 2018

Random Look At An Old EOG Short Lateral -- Coming Up On 600,000 Cumulative Bbls -- March 18, 2018

This is for newbies and for me, just for the fun of it. Seriously, I am just passing some time -- no need to really spend any time on this well. Maybe this would be a great time for a music video:

When I Get Low, I Get High, The Speakeasy Three

This is just an interesting example of a Bakken well. As far as I can tell it was fracked only once, back in 2010 with 17 stages, and using slightly less than 2 million lbs of sand. It is a short lateral. Look at the production profile. Fracked once but probably a number of "work-overs," pumps, neighboring wells, etc., which all affected production. The jump in production in 2017 was probably due to a neighboring well (#31206) being fracked. The continued good production in 2013 was probably due to another neighboring well (#24855) being fracked. This tells me this well (#18825) is a great candidate for a re-frack.

The well:
  • 18825, 951, EOG, Van Hook 8-36H, Van Hook, Bakken, 100K in 5 months -- whoo-hoo! t7/10; cum 577K 1/18;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20183152185312215843323868212
BAKKEN12-2017315094511019863645333270
BAKKEN11-20173049324905225832822832206
BAKKEN10-201731509850572330335331010
BAKKEN9-201730474647832377275825140
BAKKEN8-2017315033506722932520222048
BAKKEN7-20173147054685245122301572407
BAKKEN6-20173036653573222517111141333
BAKKEN5-201726193720181982866514165
BAKKEN4-20170000000
BAKKEN3-201745534957100
BAKKEN2-2017271101630374219819820
BAKKEN1-20173116361636185322429720
BAKKEN12-201631190919162563793345586
BAKKEN11-201630212721324033913365118
BAKKEN10-20163122442251321425819852022
BAKKEN9-201630225122524254362402989
BAKKEN8-20163123902558496450442530
BAKKEN7-20163124832454433467044180
BAKKEN6-20162118291827433297828260
BAKKEN5-20163126493087319439441440
BAKKEN4-20163026732143475426040170
BAKKEN3-20163127032724459437841260
BAKKEN2-201629276427753364090379460
BAKKEN1-20163130132984496452442648
BAKKEN12-201531307131303984522425233
BAKKEN11-201530293729473354061375578
BAKKEN10-201531340233644574442417417
BAKKEN9-201530303030744154279398263
BAKKEN8-2015313466346840746983569877
BAKKEN7-20153137123721480504147890
BAKKEN6-20152937213724449454643190
BAKKEN5-20153144464463574469544430
BAKKEN4-20151426782578530228221680
BAKKEN3-20152329042898364276513341253
BAKKEN2-20152835123398440361133830
BAKKEN1-201527331134527423398314342
BAKKEN12-20142634193449536331131070
BAKKEN11-20143044214773569403237910
BAKKEN10-201431475446287194518422244
BAKKEN9-2014304836467573945473557751
BAKKEN8-2014315187555665842993297849
BAKKEN7-2014315857546883140333760118
BAKKEN6-20143063527211914287315111213
BAKKEN5-2014316958615196031052133819
BAKKEN4-2014307134701783034633147167
BAKKEN3-20143178298160974441429191340
BAKKEN2-2014286956661592049623882941
BAKKEN1-2014265879587982433982472802
BAKKEN12-20133179397972120343223261911
BAKKEN11-201330760777511513408117562179
BAKKEN10-201330762375891505415017162286
BAKKEN9-2013307038686820814105823877
BAKKEN8-2013217329621800
BAKKEN7-20130000000
BAKKEN6-20130000000
BAKKEN5-20132945114789327363634960
BAKKEN4-2013305335551259134633147167
BAKKEN3-20133153005109377403938840
BAKKEN2-20132847064690340365135110
BAKKEN1-20133155495562338427541200
BAKKEN12-20123157215718366437542200
BAKKEN11-20123058175820380443042810
BAKKEN10-2012316286630356252654750360
BAKKEN9-20123063196398390524051000
BAKKEN8-20123166266867504539852540
BAKKEN7-2012317019680457458575188515
BAKKEN6-201230719971965725463527440
BAKKEN5-20123175077520467604858960
BAKKEN4-20123078037817459552853790
BAKKEN3-20122565156455464437442550
BAKKEN2-20122971527277578537452360
BAKKEN1-20123185688439520650363490
BAKKEN12-20113192869325556703868860
BAKKEN11-20113098381013959876457278217
BAKKEN10-2011258776839570853164559637
BAKKEN9-20112993489502599668254031139
BAKKEN8-201131108441087066185087702653
BAKKEN7-20113112376123908101078310232403
BAKKEN6-201130128711285780392818406727
BAKKEN5-2011311423714177910939377551483
BAKKEN4-20112598309676643643546731643
BAKKEN3-201131169091725712131127310452668
BAKKEN2-2011281810817961135791258338647
BAKKEN1-2011312007619996156589448126663
BAKKEN12-201031106181060487948694366352
BAKKEN11-2010291660516806147282257957133
BAKKEN10-20102513959147542348509026982286
BAKKEN9-20103024267241622276754307393
BAKKEN8-20102939210378761748812953012808


By 2016 this well was down to 2,000 bbls/month -- still a nice well, but clearly declining. And then in 2017, back up to 5,000 bbls/month.

And the Bakken is filled with these kinds of wells, and that's why it's so difficult to predict how all this will play out.

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