Random Update / Example Of A BR Well In The Core Bakken -- December 16, 2018

This page won't be updated. The Anderson Ranch wells are tracked here.

In the early early days of the boom, in the core Bakken, we might have seen nice 24-hour IPs, but the wells declined quickly. The production after the initial frack might peak at about 8,000 bbls/month; quickly decline; and be lucky to hit 100,000 bbls in two or three years.

Disclaimer: I am inappropriately exuberant about the Bakken.

Now we are seeing more and more wells in the core Bakken, looking like this:

• 32635, 476, BR, Anderson Ranch 3A-MBH, API: 33-053-07585, gas shows were very, very low, averaging 105 units but did register a hight of 8,934 units, Camel Butte, huge well, 23 stages; 9.9 million lbs sand, t5/17; cum 348K 10/18;

Note the initial production. Instead of 8,000 bbls at the peak following the initial frack we are seeing the peak at over 30,000 bbls. Instead of seeing the decline in just a few months, this well was still producing over 30,000 bbls/month  six months later. And then most importantly, in less than 18 months, cumulative at 350,000 bbls.

When the boom began, many thought that the EUR for Bakken wells would be 350,000 bbls.

This well has produced that much in 18 months, and it will go on producing for 35 years. Over its lifetime, it will undergo multiple workovers; mini-re-fracks; major re-fracks; effect of neighboring wells; better re-completion strategies; etc.

This well was off-line in July, 2018, for a workover.

And, oh, by the way, for those folks who might argue that huge amounts of expensive proppant (ceramic, for example) is being used, this used a fairly moderate/large amount of proppant but it was all white sand and mesh; no expensive ceramic. In addition, only 23 stages. Imagine the production ad the typical 50 to 60 stages been employed.

Full production profile for this well:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	10-2018	31	11486	11487	6711	26717	26614	0
BAKKEN	9-2018	30	12782	12798	7942	25442	25343	0
BAKKEN	8-2018	26	10679	10426	8305	17443	12916	4440
BAKKEN	7-2018	0	0	252	0	0	0	0
BAKKEN	6-2018	29	19367	19479	16040	18544	0	18445
BAKKEN	5-2018	31	22183	22091	19238	25502	20060	5337
BAKKEN	4-2018	30	21797	21687	15316	37050	36948	0
BAKKEN	3-2018	11	8088	7960	7842	11864	11817	0
BAKKEN	2-2018	2	902	1225	108	19	11	0
BAKKEN	1-2018	26	28549	28349	7415	47999	47904	0
BAKKEN	12-2017	31	31635	31665	9546	56427	56324	0
BAKKEN	11-2017	28	31025	31014	10065	44732	44638	0
BAKKEN	10-2017	27	24276	24326	8739	37199	37104	0
BAKKEN	9-2017	27	29123	29074	10471	39309	39212	0
BAKKEN	8-2017	31	29309	29298	9810	48612	48509	0
BAKKEN	7-2017	26	26992	27171	9172	41527	41462	0
BAKKEN	6-2017	30	31632	31582	15467	48840	48766	0
BAKKEN	5-2017	22	8519	8224	6791	15897	14904	938