Oasis -- Hagen -- Banks -- 152-98-31-- September 16, 2018

Before I get started: I used Apple Pay on my iPhone SE for the first time today. For the record I used it at Starbucks. One word: incredible.


Okay, back to the Bakken.

For newbies: the well below was producing about 2,000 bbls of oil per month. Oasis took it off line for less than three months. When Oasis brought it back on line? 24,000 bbls of oil the first full month of production. It produced 108,826 bbls in seven months after coming back on line. At the time of the initial frack in 2011, it produced 82,925 bbls. That represents an increase of 31%.

Was the well re-fracked? According to FracFocus? No.

The well:

• 20731, 1,598, Oasis, Hagen 31-30H, Banks, t11/11; cum 483K 4/20; off line 4/20;

Production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	405	482	133	1241	1078	0
BAKKEN	6-2018	11	1682	1765	1991	1678	482	1138
BAKKEN	5-2018	24	8280	8538	6692	24674	24548	0
BAKKEN	4-2018	30	10008	9837	7823	17905	17747	0
BAKKEN	3-2018	31	11205	11289	12864	27782	27619	0
BAKKEN	2-2018	28	11604	11772	14711	21097	20950	0
BAKKEN	1-2018	31	16892	16859	20963	27472	24523	2786
BAKKEN	12-2017	31	18947	18791	23317	31805	24449	7193
BAKKEN	11-2017	30	23842	23973	38879	48990	26975	21857
BAKKEN	10-2017	22	16328	15890	30062	29183	10595	18472
BAKKEN	9-2017	0	0	0	0	0	0	0
BAKKEN	8-2017	0	0	24	0	0	0	0
BAKKEN	7-2017	15	1185	1229	495	4708	3977	573
BAKKEN	6-2017	30	1990	2000	910	6216	6058	0

The graphic:

The other wells in this area:

• 33228, 489, Oasis, Hagen Banks 5198 12-6 13TX, Banks, 4 sections, Three Forks, t11/17; cum 217K 4/20;
• 33013, 711, Oasis, Hagen Banks 5198 12-6 9BX, Banks, 4 sections, middle Bakken, t11/17; cum 269K 4/20;

• 27108, 1,469, Oasis, Hagen Banks 5298 42-31 8B, Banks, t8/14; cum 271K 4/20; no significant jump in production;

• 27109, 1,668, Oasis, Hagen Banks 5298 42-31 7T3, Banks, t7/14; cum 80K 4/20; nice jump in production 7/18 and not taken off-line; Third Bench; off line 4/20;

• 27110, 612, Oasis, Hagen Banks 5298 42-31 6T, Banks, t7/14; cum 202K 4/20; slight jump in production in 2/18;
• 27111, 1,071, Oasis, Hagen Banks 5298 42-31 5B, Banks, t7/14; cum 245K 4/20; slight jump in 2/18;
• 27112, 506, Oasis, Hagen Banks 5298 42-31 4T2, Banks, t7/14; cum 164K 4/20; huge jump 7/18;
• 27113, 658, Oasis, Hagen Banks 5298 42-31 3T, Banks, t7/14; cum 216K 4/20; slight jump in 6/18;

• 327114, 709, Oasis, Hagen Banks 5298 42-31 2T2, Banks, t7/14; cum 210K 4/20; huge jump in 7/18;

• 20731, 1,598, Oasis, Hagen 31-30H, Banks, t11/11; cum 483K 4/20;

• 32915, 584, Oasis, Hagen Banks 5198 13-6 11B, Banks, 50 stages; 10 million lbs, t11/17; cum 377K 4/20;
• 32914, 607, Oasis, Hagen Banks 5198 13-6 11T, Banks, 50 stages; 4 million lbs, t11/17; cum 226K 4/20;
• 32946, 678, Oasis, Ceynar 5198 11-5 2BX, Banks, 50 stages; 10 million lbs, t2/18; cum 249K 4/20;
• 32947, 408, Oasis, Ceynar 5198 11-5 3TX, Banks, 50 stages; 4 million lbs, t2/18; cum 180K 4/20;

Staggering.

#32915:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	13685	13750	10653	59567	59236	0
BAKKEN	6-2018	30	17591	17525	12852	59709	59389	0
BAKKEN	5-2018	31	25712	25747	15925	73044	72253	460
BAKKEN	4-2018	30	32265	32240	18761	87088	80683	6085
BAKKEN	3-2018	31	45095	45055	21183	95387	91557	3499
BAKKEN	2-2018	28	55859	55895	33776	107718	80003	27416
BAKKEN	1-2018	20	20282	20246	13897	35684	35471	0
BAKKEN	12-2017	31	40015	40015	27561	65005	64674	0
BAKKEN	11-2017	30	24215	24436	30450	42558	42238	0
BAKKEN	10-2017	18	11836	11615	19390	29524	15978	13354

#32914:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	12532	12591	14738	49178	48961	0
BAKKEN	6-2018	30	16108	16051	17780	49297	49087	0
BAKKEN	5-2018	30	25824	25827	24272	60711	60041	460
BAKKEN	4-2018	21	15739	15731	13285	34790	28558	6085
BAKKEN	3-2018	31	25531	25508	29149	68900	65184	3499
BAKKEN	2-2018	28	23051	23081	54127	54991	54795	0
BAKKEN	1-2018	31	16989	16959	45579	30584	30367	0
BAKKEN	12-2017	31	20228	20228	26883	33953	33736	0
BAKKEN	11-2017	11	7196	7196	8440	13160	13083	0

#32946:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	22240	22318	17716	69702	67442	1764
BAKKEN	6-2018	30	28376	28315	20824	74798	65917	8401
BAKKEN	5-2018	31	23893	23838	19456	57389	55737	1156
BAKKEN	4-2018	30	26964	26964	22002	62317	56459	5378
BAKKEN	3-2018	31	25086	25191	22394	56010	53820	1694
BAKKEN	2-2018	19	10501	10396	25760	18320	18016	0

#32947:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2018	31	25469	25501	26478	80706	78446	1764
BAKKEN	6-2018	18	18400	18365	17623	48651	39962	8401
BAKKEN	5-2018	31	16898	16859	22517	42449	40797	1156
BAKKEN	4-2018	30	21005	21005	25142	49282	43424	5378
BAKKEN	3-2018	31	22087	22122	30579	50612	48422	1694
BAKKEN	2-2018	18	3421	3386	38168	7111	6823	0