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Tuesday, January 8, 2019

Nice Jump In Production After Coming Back On Line -- Oasis' Crane Federal In Willow Creek -- January 8, 2019

Earlier today, I posted the results of the one well that came off the confidential list today. Quite a distance from that well, but running parallel to it was #21903 which showed a huge jump in production in September, 2018, time frame:
  • 33777, 998, Oasis, Kjorstad Federal 5300 14-27 11BX, 50 stages; 10 million lbs, Willow Creek; t7/18; cum 103K 11/18; see neighboring, parallel, older well, #21903, here;
  • #21903, 873, Oasis, Crane Federal 5300 41-26H, Willow Creek, t5/12; cum 300K 11/18:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20183010455106582369910424101240
BAKKEN10-2018317957744929550857082600
BAKKEN9-2018142278206714725244023000
BAKKEN8-2018313851386726272343431240
BAKKEN7-20181515509361793110749240

What did Hubbert say about oil wells .... bell shape curves or something to that effect?

And, then, of course, that dreaded Bakken decline rate.

This well went from less than 2,000 bbls/month (11/17) for more than 10,000 bbls/month in 11/18.

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