Random Update Of Another CLR "R For Replacement" Well -- #24096, Jay In Banks Oil Field -- October 19, 2018

Yesterday, I wrote at length about this well. Link here for an "R" well:

• 33863, 2,805, Equinor, Gunderson 15-22 5H-R, Banks, t9/18; cum --

Now today, I run across another Equinor (Statoil) "R" well. For newbies, look at how great this well is. I've been running through the 2015 wells and it is amazing how good the Bakken wells are; absolutely amazing. The well, a half million bbls of crude oil in three years; this well will likely produce for 30+ years:

• 24096, 3,148, Equinor/Statoil, Jay 24-13F 1H-R, Banks 49 stages, 11.6 million lbs, t10/15; cum 426K 8/18;

From the geologist's report: the geologist's report was very bland until I saw this

 ... "where we had a maximum visual flare reaching 50+ feet." For newbies, we generally see flares of 3' to 5'. They were drilling this well over the 4th of July period -- I am not making this up .. "while we circulated, the rig crew by-passed the gas detector system by running all returns through the gas-buster where we had a maximum visual flare reaching 50+ feet. The flare maintained an average height of 15 - 20 feet while circulating continued. Once circulating was completed we resumed drilling the lateral portion of the wellbore at 1945 CST on 8 July 2015, where we saw our gas reach upwards of 8,000 units with a flare averaging 10 - 12 feet in height." Yup, it was quite a show for "July 4th." Clearly a great sense of humor out in the oil patch.

The graphic: it appears #24096 was a "replacement" well for #21791 which has been permanently abandoned due to liner problems and "complications." That was back in 2015.

Production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2018	31	12795	12692	11964	40185	35109	4972
BAKKEN	7-2018	26	12623	12102	13650	33181	25087	8018
BAKKEN	6-2018	0	0	0	0	0	0	0
BAKKEN	5-2018	0	0	0	0	0	0	0
BAKKEN	4-2018	0	0	352	0	0	0	0
BAKKEN	3-2018	28	10625	11061	10062	39986	24653	15305
BAKKEN	2-2018	28	12030	12122	9888	40655	24249	16378
BAKKEN	1-2018	31	13310	13271	8928	40776	26557	14188
BAKKEN	12-2017	31	13720	13359	10585	37962	27073	10858
BAKKEN	11-2017	30	12576	13038	9425	32649	19252	13367
BAKKEN	10-2017	31	11405	10979	9424	27550	15518	12001
BAKKEN	9-2017	14	6318	5793	5284	13589	7608	5960
BAKKEN	8-2017	31	535	541	398	1478	1268	193
BAKKEN	7-2017	10	3141	4221	3145	9875	8550	1305
BAKKEN	6-2017	30	11243	10542	9423	28752	27322	1400
BAKKEN	5-2017	31	12720	13203	10065	33887	30686	3170
BAKKEN	4-2017	30	12557	12510	10010	33035	30444	2561
BAKKEN	3-2017	31	11183	11103	9288	27862	4307	23524
BAKKEN	2-2017	28	14749	14735	10878	39975	19229	20718
BAKKEN	1-2017	28	15602	14879	11593	39315	33330	5957
BAKKEN	12-2016	24	12658	13453	9191	34990	29985	4975
BAKKEN	11-2016	30	13811	13569	11121	35645	32398	3217
BAKKEN	10-2016	31	16609	16559	13831	43620	34954	8635
BAKKEN	9-2016	30	17222	17138	9938	45260	39415	5815
BAKKEN	8-2016	31	16263	16596	13111	42499	37954	4514
BAKKEN	7-2016	31	18059	17914	14717	45220	36885	8335
BAKKEN	6-2016	29	15970	16090	12578	39483	33369	6114
BAKKEN	5-2016	31	15451	15132	13562	36869	32391	4478
BAKKEN	4-2016	30	13828	13918	13713	33494	32688	806
BAKKEN	3-2016	31	13392	13328	12063	30824	30408	416
BAKKEN	2-2016	29	13816	14190	12565	32167	31462	705
BAKKEN	1-2016	29	16509	15834	15141	30326	30326	0
BAKKEN	12-2015	31	15256	15947	15764	33588	33588	0
BAKKEN	11-2015	30	20233	20203	21765	32765	32765	0
BAKKEN	10-2015	31	19386	18386	37927	11286	11286	0