Random Look At A CLR Holstein Federal Well In Elm Tree -- February 20, 2019

This is an interesting case study. This page will not be updated.

The well:

• 32294, 2,320, CLR, Holstein Federal 13-25H, Elm Tree, t11/16; cum 634K 12/18;

The CLR Holstein Federal wells are tracked here.

If you go to that post, you will note at least two things:

• there is an incredible amount of activity in this area; it is difficult to follow the timeline for these wells
• #32294 was one of the earliest Holstein Federal wells drilled

By now, this well should show the typical dreaded Bakken decline. So let's check. Here's the full production profile:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2018	31	21833	22414	7325	39352	37993	940
BAKKEN	11-2018	30	20575	20029	5835	35586	35091	90
BAKKEN	10-2018	31	22410	22395	6298	30660	30154	93
BAKKEN	9-2018	30	23479	23399	6391	28611	28118	90
BAKKEN	8-2018	31	25449	25494	7255	33576	33066	93
BAKKEN	7-2018	31	25259	25139	7022	36599	36090	93
BAKKEN	6-2018	30	26755	26810	8111	33748	32224	1119
BAKKEN	5-2018	29	20710	20795	7952	19431	18563	699
BAKKEN	4-2018	30	23779	23779	7178	32681	32024	437
BAKKEN	3-2018	31	30512	30397	10246	44731	44390	93
BAKKEN	2-2018	28	23441	23501	7661	33062	32802	84
BAKKEN	1-2018	31	29506	29747	8668	45632	45291	93
BAKKEN	12-2017	31	31324	31052	9422	46047	45714	93
BAKKEN	11-2017	30	31778	31662	9407	43811	42266	1311
BAKKEN	10-2017	31	29135	29167	9286	41920	41588	87
BAKKEN	9-2017	29	28757	29136	9632	33714	30941	2558
BAKKEN	8-2017	31	33959	33901	13976	47570	43856	3477
BAKKEN	7-2017	31	37807	37498	18629	51694	51364	93
BAKKEN	6-2017	30	37719	37695	25176	54233	44173	9821
BAKKEN	5-2017	30	29334	29246	44462	41743	37845	3665
BAKKEN	4-2017	3	260	222	40	1	0	0
BAKKEN	3-2017	0	0	0	0	0	0	0
BAKKEN	2-2017	5	1692	1832	758	2396	2292	12
BAKKEN	1-2017	31	26979	26944	7933	33122	32439	390
BAKKEN	12-2016	31	38402	38547	14249	53175	52563	93
BAKKEN	11-2016	8	12819	12355	11766	15635	14932	528

Usually, by the sixth or seventh month, we see a significant decline in the production of a typical Bakken well. Even a year after this well was first brought on line its production remained spectacular, almost equal to max produced after initial frack.

At $50/bbl x 30,000 bbls = $1.5 million / month at the wellhead.