Sunday, November 25, 2018

Production By Association -- The Nathan Hale -- Spotted Horn -- November 25, 2018

The Grizzly wells are coming off the confidential list this next week.

The graphic:


The well of interest, has not been re-fracked according to NDIC data at this time, last sundry form of note received in 2013:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2018105224202
BAKKEN8-2018231233212543203917767163270
BAKKEN7-2018311610516005244419438158981654
BAKKEN6-2018302658926639555732093235055274
BAKKEN5-2018318377817149141011261172116
BAKKEN4-20181822432216289627079821291
BAKKEN3-201825657667614828793746122386
BAKKEN2-2018231713917228604820688116846583
BAKKEN1-2018221431714981687217280103244721
BAKKEN12-201731227542203411469274641053513741
BAKKEN11-20172819318191461859723316156818995
BAKKEN10-20175923931310111426914
BAKKEN9-20172911551079192139461084
BAKKEN8-20171136235710243911469

Someone recently said that they could quit drilling new wells in the Bakken for a year or so, simply complete the DUCs and return inactive wells to production, and North Dakota would continue to maintain production at current levels. The example above supports that view.

Whatever happened to all that talk about the Red Queen?

I also remember all that hand-wringing by mineral owners upset that oil companies were going to be drilling new wells near their wells that were already producing.

Something tells me there is still a lot to learn about tight oil, unconventional oil, the Bakken. 

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