Impact Of Neighboring Fracks -- January 4, 2019

Here we go again, with another example, another nail in the Hubbert coffin.

Put Another Log On The Fire, Tompall Glaser
This well was reported today:

• 33588, 378, Oasis, Muri 5298 14-28 9T, Three Forks, 50 stages, 4 million lbs, Banks, t7/18; cum 84K 11/18;  #18651, #18980 -- 

Two neighboring wells to follow: one remains off line; the other is back on line --

• 18651, 462, Oasis, Berquist 34-27H, 33-053-03105, Banks, t8/10; cum 377K 11/18;

Production after initial frack more than eight years ago, followed by the dreaded Bakken decline:

BAKKEN	9-2011	28	6094	5633	2409	21431	19787	1544
BAKKEN	8-2011	24	5802	5419	1980	19025	17846	1079
BAKKEN	7-2011	28	6569	6934	3207	35390	35039	0
BAKKEN	6-2011	30	10668	10833	4035	40085	39680	0
BAKKEN	5-2011	30	10085	10337	2432	26352	23235	2712
BAKKEN	4-2011	29	14200	14238	3686	36778	36678	0
BAKKEN	3-2011	29	16720	16862	7447	41286	31628	9558
BAKKEN	2-2011	24	7375	7289	2909	13141	1878	11163
BAKKEN	1-2011	30	10010	9819	2399	18151	11901	6150
BAKKEN	12-2010	31	10760	11011	2729	22437	18787	3550
BAKKEN	11-2010	30	11731	11453	3512	23427	18577	4750
BAKKEN	10-2010	31	12607	12702	4876	25319	18469	6750
BAKKEN	9-2010	30	12589	12276	4679	15744	15644	0
BAKKEN	8-2010	27	9884	9827	4244	15845	15745	0
BAKKEN	7-2010	9	3844	3336	513	603	503	0

So, how is this well doing now, eight years later? According to FracFocus, this well was not re-fracked. I did not check the sundry forms at the NDIC. One well like this will not move the needle, but tens of thousands over 35 years certainly will. It didn't cost Oasis a dime to see this increased production. Well, I'm sure there were some associated costs ... whatever.

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2018	29	11196	11182	17963	29281	28802	189
BAKKEN	10-2018	31	9838	10015	18593	22348	21700	338
BAKKEN	9-2018	5	1659	979	8947	3165	3074	41
BAKKEN	8-2018	0	0	0	0	0	0	0