Production By Association -- Wiley And Bailey -- November 25, 2018

The graphic:

Let's take a look at two wells: #17742 and #17770.


The well:

• 17770, 406, CLR, Bailey 1-24H, 33-053-02964, Pershing, t4/10; cum 186K 9/18; recent production data --

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2018	0	0	0	0	0	0	0
BAKKEN	8-2018	22	2815	2752	6617	4993	1258	3465
BAKKEN	7-2018	28	5605	6129	16012	9128	768	8003
BAKKEN	6-2018	25	7099	6929	15430	12968	8462	4224
BAKKEN	5-2018	28	8280	8437	22299	16772	16342	430
BAKKEN	4-2018	13	2736	2189	11648	4846	4575	271
BAKKEN	3-2018	0	0	0	0	0	0	0
BAKKEN	2-2018	0	0	0	0	0	0	0
BAKKEN	1-2018	0	0	0	0	0	0	0
BAKKEN	12-2017	14	359	486	73	586	586	0
BAKKEN	11-2017	30	831	853	357	1509	1475	34
BAKKEN	10-2017	31	891	960	292	1738	1578	160

The well:

• 17742, 668, CLR, Wiley 1-25H, 33-053-02958, Pershing, t6/09; cum 176K 9/18, recent production -- 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2018	30	3634	3586	4417	6223	5023	797
BAKKEN	8-2018	23	2335	2410	3350	4326	648	3397
BAKKEN	7-2018	14	3313	2972	5143	5606	0	5420
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	0	0	0	0	0
BAKKEN	3-2018	0	0	0	0	0	0	0
BAKKEN	2-2018	0	0	0	0	0	0	0
BAKKEN	1-2018	0	0	0	0	0	0	0
BAKKEN	12-2017	14	319	500	75	580	580	0
BAKKEN	11-2017	30	785	863	255	1434	1434	0
BAKKEN	10-2017	31	998	898	328	1592	1479	113
BAKKEN	9-2017	30	336	255	15	426	421	5
BAKKEN	8-2017	31	650	750	175	1349	1349	0

By the way, similar production profiles for #19934, #19936, #19933, and #19935. Worth repeating:

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.