Monday, March 11, 2019

Random Look At Another MRO Bakken Phenomenon -- March 11, 2019

This is really for newbies to show them what the Bakken is all about.

The full note is at this post.
For newbies -- lots to look at regarding that post, that well. We have an index well (#16686) that was not fracked after it was first drilled, back in 2008. In 2014, it had a very, very small frack (1.8 million lbs); at that time showed a nice jump in production as one would expect. Then, there was another jump in production in December, 2018, and yet it was not re-fracked. The production was high enough suggesting the well was indeed fracked.

Well, it turns out that for all intents and purposes, it was re-fracked -- by four neighboring wells; two running in the same direction as #16686, and two running in the opposite direction.
1. Look at the jump in production in December, 2018, even though this well was not re-fracked; this is a classic MRO phenomenon;

2. Look at the incredible IPs for the new wells (at least one of them was a Three Forks well; these wells are in the Reunion Bay oil field and in MRO's hands, are incredible wells;
3. When looking at production numbers for any given month, if production seems low, look at the number of days of production;
The well:

  • 16686, 379, MRO, Shobe 24-20H, API: 33-061-00547, Reunion Bay, t12/08; cum 461K 8/19;
  • This well was fracked/tested:12/16/2008: 0 stages; 511,700 lbs; note production at initial completion; not fracked
  • Re-fracked/tested: 7/9/14: 30 stages; 1.8 million lbs sand; note jump in production after this small frack
  • Note jump in production, 12/18; not re-fracked: nice jump in production see below 
So, what caused the jump in production in 12/18? Let's look at the neighboring wells. There are four, all of them relatively far away -- certainly not sister wells; maybe not even parent/child wells by strict definition, but that's all in the eye of the beholder; I won't argue it one way or the other;

16686, production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare


See this note also; similar phenomenon.

A long list of interesting wells are linked here.

No comments:

Post a Comment