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Sunday, July 29, 2018

Running Out Of Drilling Locations In The Bakken? -- July 29, 2018

A few months ago someone opined that "they" were running out of drilling locations in the Bakken.

Once we start seeing this throughout the Bakken, I'll buy into that.

Disclaimer: I am inappropriately exuberant about the Bakken.




In the above graphic, the following two wells will be coming off the confidential list August 6, 2018:
  • 30529, conf, CLR, Burr Federal 20-26H, Sanish, 35K in first full month;
  • 30528, conf, CLR, Burr Federal 24-26H2, Sanish, 22K in first full month;
The Burr Federal wells are tracked here

An older well was fracked back in 2016. What does its production profile look like now that neighboring wells are being fracked:
  • 30492, 506, CLR, Burr Federal 9-26H1, Sanish, t3/16; cum 271K 5/18; 
Production profile:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20183129706298404844138564326125583
BAKKEN4-201828228622271442221278991674510844
BAKKEN3-201883968372336911595886652
BAKKEN2-20180000000
BAKKEN1-20180000000
BAKKEN12-20170000000
BAKKEN11-20170000000
BAKKEN10-20170000000
BAKKEN9-2017002740000
BAKKEN8-2017142388255711691150943142
BAKKEN7-20173153385355280028581939814
BAKKEN6-20173053115228321721821960127
BAKKEN5-2017266219634033133549337054
BAKKEN4-20172370446840491482297870108
BAKKEN3-2017301167112610771516192144471492
BAKKEN2-2017281262712195836217947166551071
BAKKEN1-20173118050173821101015273368311380
BAKKEN12-201610418744772306283611061697
BAKKEN11-20162386588648477469496175694
BAKKEN10-201627141691421872381230611159990
BAKKEN9-20163015949160538556138061362816
BAKKEN8-2016311992419893101831970319373330
BAKKEN7-201631154461557295341279312551242
BAKKEN6-20163020907207741288219752187461006
BAKKEN5-20163118772185421283118856136985158
BAKKEN4-201630134431348090061212097112409
BAKKEN3-2016291287012560939512302100372265
BAKKEN2-20160000000
BAKKEN1-20160000000
BAKKEN12-20150000000
BAKKEN11-201524043790118101181
BAKKEN10-20150000000
BAKKEN9-201528988980262502625

The Burr Federal wells are monsters after neighboring wells were re-fracked. Her is another example:
  • 30503, 759, CLR, Burr Federal 14-26H, Sanish, t12/15; cum 231K 5/18:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20183126794268883116226753226293869
BAKKEN4-20182523386231842058823079138528970
BAKKEN3-20185117010451113253714091037
BAKKEN2-20180000000
BAKKEN1-20180000000
BAKKEN12-20170000000
BAKKEN11-20170000000
BAKKEN10-201700630000
BAKKEN9-20171874106779230
BAKKEN8-20172133633491260458224772719
BAKKEN7-201731618962064290878459602502
BAKKEN6-20173061325987282371716443417
BAKKEN5-2017316370617727265471519583
BAKKEN4-2017162725268317332729261036
BAKKEN3-20173160036514372169346187639
BAKKEN2-20172867836463378766026127394
BAKKEN1-201731771376684256475611473544
BAKKEN12-201631937896034909553421593311
BAKKEN11-2016301068210247536991828160917
BAKKEN10-20161129683098123421891984176
BAKKEN9-201625747073233734679567078
BAKKEN8-201662477283111252477243542
BAKKEN7-201631122381202970431195511729226
BAKKEN6-20162467876798459279357531404
BAKKEN5-201631805180814826995072282722
BAKKEN4-2016301261612754720113045104522593
BAKKEN3-20163116348165101050515553126892864
BAKKEN2-2016291487614803122551257596422933
BAKKEN1-2016311650316910130121394044259515
BAKKEN12-20152212864119749483201094020069
BAKKEN11-20150000000
BAKKEN10-20150000000
BAKKEN9-201516576570148001480
 

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