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:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	5286	5330	3183	7367	6759	265
BAKKEN	7-2019	31	5920	5900	4696	6560	4325	1862
BAKKEN	6-2019	30	5283	5246	4187	5766	4946	497
BAKKEN	5-2019	31	6787	6830	4705	7392	6996	0
BAKKEN	4-2019	30	7462	7463	6756	6793	5762	598
BAKKEN	3-2019	31	8255	8216	9793	10536	8295	1751
BAKKEN	2-2019	26	7066	7069	8371	9934	4771	4754
BAKKEN	1-2019	31	11509	11536	14791	14162	6881	6621
BAKKEN	12-2018	30	13796	13667	28932	14844	8120	5927
BAKKEN	11-2018	1	302	300	761	115	29	69
BAKKEN	10-2018	0	0	0	0	0	0	0
BAKKEN	9-2018	0	0	0	0	0	0	0
BAKKEN	8-2018	2	0	370	185	251	0	250
BAKKEN	7-2018	27	2625	2582	568	3686	3315	65
BAKKEN	6-2018	30	3032	3166	656	4208	3823	33

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See this note also; similar phenomenon.

A long list of interesting wells are linked here.