Random Update Of A Re-Fracked MRO Well -- January 3, 2019

Later, March 11, 2019, this this post also. 

This page will not be updated. [Memo to self: in a couple of months, look at #16686 and look at the NDIC map.]

From an earlier note:

• November 27, 2018: #17568, neighboring MRO wells in Reunion Bay fracked;

• 17568, 539, MRO, Charles Shobe - USA 44-19H, Reunion Bay, t2/09; cum 275K 11/18;

So, let's see what #17568 is doing. Remember, this well was first drilled/completed back in 2009. See this note for my comments regarding the Bakken. 

So, what's recent production for #17568, a well that is nine years old? By conventional rules, Hubbert peak oil theory the production from this well should continue to decline.

First, the original production profile back in 2009:

BAKKEN	12-2009	14	1361	1100	342	1341	0	1341
BAKKEN	11-2009	23	2330	2773	282	2306	0	2306
BAKKEN	10-2009	31	3991	4041	247	3930	0	3930
BAKKEN	9-2009	30	4115	3983	233	4052	0	4052
BAKKEN	8-2009	31	4614	4661	272	4548	0	4548
BAKKEN	7-2009	31	4133	3788	408	4071	0	4071
BAKKEN	6-2009	26	6091	6496	652	6006	0	6006
BAKKEN	5-2009	31	4655	4631	437	4584	0	4584
BAKKEN	4-2009	30	4352	4243	313	4286	0	4286
BAKKEN	3-2009	31	5736	5580	508	5629	0	5629
BAKKEN	2-2009	28	8523	8477	1280	8114	0	8114
BAKKEN	1-2009	19	2327	1834	1438	1903	0	1903
BAKKEN	12-2008	4	15	0	175	12	0	12

Pretty unimpressive, huh? The best it did after original completion: 6,000 bbls. La-de-dah!

Now, let's see recent production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2018	15	25449	25339	10356	30664	0	29203
BAKKEN	10-2018	18	38867	39989	24669	47393	0	45170
BAKKEN	9-2018	12	29459	28021	32833	32716	0	32596
BAKKEN	8-2018	1	0	171	4	98	0	98
BAKKEN	7-2018	1	1	0	0	0	0	0
BAKKEN	6-2018	0	0	0	0	0	0	0
BAKKEN	5-2018	0	0	71	0	0	0	0
BAKKEN	4-2018	23	519	517	54	620	356	72
BAKKEN	3-2018	31	708	728	70	897	256	39

If you own minerals in this well, do you really care if UTS oil has a problem as suggested by that WSJ article? LOL. I would be thrilled to have mineral rights in this well. LOL.

I don't even care, from a mineral owner's point of view, why the well jumped in production.

If I'm interested in learning about the Bakken and learning about the Bakken revolution, then I would be curious to see why this well jumped in production. It had to have been re-fracked, but let's check.

API: 33-061-00849.

Yup, re-fracked, 7/16/2018 - 7/26/2018. The NDIC doesn't have the recent re-frack data, but FracFocus does. This was an incredibly small re-frack: only 5.7 million gallons of water; and 89% water by mass.

So, another example. For the relatively small cost of a small refrack, MRO has "another" new well.

Yeah, "fracking has a problem" -- the WSJ.

By the way,

• 30,000 bbls over 12 days extrapolates to: 75,000 bbls in one month
• 39,000 bbls over 18 days extrapolates to: 65,000 bbls in one month
• 25,000 bbls over 15 days extrapolates to: 50,000 bbls in one month

So, why did this well only produce half a month for three months in a row? Anyone's guess. Perhaps the company is managing its assets. Perhaps the tanks fill in half a month. I don't know. A mineral owner is probably not particularly concerned. He/she's just upset that this happened with $40 oil.

Wow, this gets tedious.