Thursday, May 31, 2018

Well Number 23641 -- A Reader Looking For Thoughts On This Well

Updates

June 4, 2018: a reader opines -- "I would THINK several things.  If it is a newly drilled well, then it is being set up for the natural gas removal, maybe it has maintenance work that the drillers need to do where they may have to repeat said maintenance being preformed because the first time did not work out right...These are just a few things, and I am sure there are others."

My hunch: this is an old well; the operator is simply "managing" the company's assets. 

Original Post

A reader over at the discussion group would like thoughts from someone why this well seems to be struggling. It has produced oil for only half the days in each of the last three months:
  • 23641, 1,153, Whiting, Buresh 41-15PH, Dickinson, t2/13; cum 162K 3/18; 
The well is about five miles northwest of Dickinson.

Recent production:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-2018177527423884203870
BAKKEN2-2018125335332992572330
BAKKEN1-20181966868634242833060
BAKKEN12-201731143714277649578950
BAKKEN11-201729133713339068187600
BAKKEN10-201730128612887068377830
BAKKEN9-201728109211096387316800
BAKKEN8-201727129612756019559010
BAKKEN7-20173115641577712115010880
BAKKEN6-201730144814457689919310
BAKKEN5-201731154815916711096865169
BAKKEN4-2017301782180175010419820
BAKKEN3-20173118221788720110110365
BAKKEN2-2017281764174390810359790
BAKKEN1-20173119932080894121411520

Comments:
  • looking at the NDIC map, there is nothing going on in the area, unless wells are being re-worked or re-fracked (very, very unlikely due to nature of days on / days off)
  • operators manage their assets: Whiting may simply be "managing" production -- just enough production to keep the well flowing but not maximizing production, for overall operational reasons
  • there may be local issues for Whiting to throttle back production

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.