Thursday, September 27, 2018

Staggering Production In The Bakken, Almost 100,000 Bbls From One Well In The Bakken -- September 27, 2018

Updates

June 22, 2019: official production data confirms the reader's note in the original post. This is the production data for this well:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
SANISH4-201930240522414613698415422046015790
SANISH3-2019121074610450650423783153725897
SANISH2-20192826631272522405558158465826886
SANISH1-201930309373064220592707625395311816
SANISH12-201831502425019426772879655842429261
SANISH11-201819237182370116934277531503012602
SANISH10-201831622856223355956864285612330017
SANISH9-201830503575088155448689445338015111
SANISH8-201831960459618370073925397253819688
SANISH7-201822612346033883791824931667665537

 Original Post

Yesterday, along with graphics and additional information, I posted this production data for this Bruin Fort Berthold well.

  • 31774, conf, Bruin E&P Operating, Fort Berthold 151-94-27A-34-16H, t7/18; cum 436K 4/19;

DateOil RunsMCF Sold
7-20186033816676


For newbies: 60,000 bbls of crude oil in one month is incredible. Some wells don't produce that much oil in two years. We are seeing more and more such wells in the Bakken. Although unusual, I'm not sure I can call #31774 production data below an "outlier."

After posting that note above, a reader sent me this note, with regard to that well:
  • You showed last months production on this well   60,338 bbls 
  • Look at this month:   96,182 bbls   My royalty statement.
Almost 100,000 bbls in one month, verified from a pay statement. I replied to the reader:
Wow, I know I am inappropriately exuberant about the Bakken but I think folks are way under-estimating what the Bakken is capable of producing. That is absolutely amazing. 
 Memo to self: notes need to be sent to Jane Nielson and Art Berman. The former said there might be "some oil" in the Bakken. The latter said he saw the beginning the end of the Bakken two years ago. One of the two is a recognized expert in the US oil sector. 



4 comments:

  1. Boy Bruce you don’t forgive or forget w.r.t. The Bakken. Good to see some cheerleaders here. Marilyn McGinley and Tom Rolfstad are 2 that I know, sure there are more.

    ReplyDelete
    Replies
    1. Thank you. Yes, when it comes to the Bakken, I'm a)inappropriately exuberant; b) tenacious; c) unforgiving; d) obsessive; and, e) obnoxious, I suppose.

      Delete
  2. Bruce,

    Please reply to your reader

    "This is Bruin E&P. You are welcome and thanks for being one of lessors."


    ReplyDelete

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