Learning More About The Bakken -- The Syracuse / Chicago Wells -- June 6, 2018

Disclaimer: I do these quickly and I may misread file numbers and misread the NDIC map, but I'm pretty sure I have this update and other updates on the blog correct.

Disclaimer: never make any decisions about Bakken investments based on what you read here. If this is important to you, go to the source.

Through a bit of serendipity, I learned a bit more about the Bakken which raises some questions regarding my thoughts about the jump in production in wells neighboring newly fracked wells. Having said that, in the big scheme of things, it does not matter to someone who participates in mineral rights royalties why an increase in production occurs. The purpose of the blog is not investment, per se, but rather, to better understand the Bakken. So, I'm still learning.

22375, about 700 feet to the east of #31068, API for #22375 is 33-053-03972. FracFocus suggests that this well was not re-fracked despite the jump in production from 15,00 bbls/month to 13,000 bbls/month.

• 22375, 814, CLR, Chicago 2-26H, Banks, t6/12; cum 245K 4/18; 

Recent Production Data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2018	21	3061	3071	4678	4207	2226	1981
BAKKEN	3-2018	30	5596	5433	8053	9401	8077	1324
BAKKEN	2-2018	21	4028	4126	6784	6471	6336	135
BAKKEN	1-2018	31	12758	12832	17196	25544	24312	1232
BAKKEN	12-2017	14	8453	8052	10373	12847	12770	77
BAKKEN	11-2017	0	0	0	0	0	0	0
BAKKEN	10-2017	0	0	0	0	0	0	0
BAKKEN	9-2017	16	534	755	307	1031	1031	0
BAKKEN	8-2017	31	1520	1640	810	3055	3055	0
BAKKEN	7-2017	31	1435	1320	832	2828	2768	60

23610, about 1,300 feet to the west of #31068.

• 23610, 731, CLR, Akron 2-27AH, Banks, t5/13; cum 282K 4/18; 

Recent Production Data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2018	30	2842	2893	1836	5191	4486	240
BAKKEN	3-2018	31	3141	3063	2160	5963	5499	0
BAKKEN	2-2018	28	3198	3398	2042	5599	5165	0
BAKKEN	1-2018	31	4146	4187	2684	6081	5330	270
BAKKEN	12-2017	21	2530	1914	2465	3281	2961	0
BAKKEN	11-2017	0	0	0	0	0	0	0
BAKKEN	10-2017	0	0	0	0	0	0	0
BAKKEN	9-2017	17	792	1175	445	2329	2125	0
BAKKEN	8-2017	31	1966	2039	1046	5564	4948	135
BAKKEN	7-2017	31	2009	1710	1112	5682	5201	0
BAKKEN	6-2017	30	2049	2044	1060	5595	5130	0

Original Post

Another CLR Syracuse well comes off confidential list today:

• 30168, 2,107, CLR, Syracuse 7-23H, Banks, another huge Banks well for CLR; 140K in first four months, 4 sections; TD = 21,542 feet; 45 stages; 8.1 million lbs, 100-mesh; large/medium sand, plug & perf; t1/18; cum 144K 4/18; 

Monthly Production Data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2018	30	28962	28570	13908	80639	35194	45445
BAKKEN	3-2018	31	31844	31863	13120	65090	50959	14131
BAKKEN	2-2018	28	36006	35846	13950	61898	58635	3263
BAKKEN	1-2018	30	44078	44066	20186	75359	54287	21072
BAKKEN	12-2017	6	2774	2492	555	4993	0	4993

The Syracuse / Chicago wells are tracked here, but I have not updated that page in awhile.

Current view of the Syracuse / Chicago well area. Compare with previous screenshots taken earlier at the link above.