Elm Tree is the best field in the Bakken in terms of average well cumulative, per Shaleprofile.com.
There is a lot of variation in quality by year though. Mostly getting better over time, albeit, the best year was actually a small number of wells in 2016.
Impression I have is that they have gotten better in frac jobs,but also that the 2017 infill was pretty heavy with tight spacing, fighting some of the benefit in frac improvement.Now, my reply:
And an odd pattern of development (probably from land issues). Several years of only a few wells per year and then a load of 2017/2018 wells by CLR.
There are three operators there, CLR (101 wells), Hess (13 wells), Slawson (4 wells).
I used to track the various fields in the Bakken to help me better understand what was going on. I haven't updated most of them in a long, long time, now that I have a better feeling for them.
Here is the list of fields I have updated over the years:
For quite awhile, I tracked productivity by field, again, to give me an idea of what was going on. That was labor intensive, so I haven't done it in a long time. One can see those lists by clicking on this URL and wading through a lot of posts:
- Elm Tree is here: http://themilliondollarway.blogspot.com/2010/02/elm-tree-field-update.html.
Original Post
Wow, this is pretty cool. From an earlier note:
- September 12, 2019: #32354, 174, CLR, Hereford Federal 8-20H2, Elm Tree, t8/19; cum 0; has never produced anything; no frack data; API: 33-053-07430; FracFocus says fracked 3/28/17 - 4/15/17; huge frack with 12.6 million gallons of water; 88% water by mass; 8/19; still confidential, but production being posted; wow! 8/19 --producing!
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 8-2019 | 3505 | 5041 |
Good luck to the "mom-and-pop" mineral owners on this one!
Elm Tree is the best field in the Bakken in terms of average well cum, per Shaleprofile.com.
ReplyDeleteThere is a lot of variation in quality by year though. Mostly getting better over time, albiet the best year was actually a small number of wells in 2016. Impression I have is that they have gotten better in frac jobs,m but also that the 2017 infill was pretty heasvy with tight spacing, fighting some of the benefit in frac improvement.
And an odd pattern of development (probably from land issues). Several years of only a few wells per year and then a load of 2017/2018 wells by CLR.
There are three operators there, CLR (101 wells), Hess (13 wells), Slawson (4 wells).
Thank you, very much appreciated. I will bring your comments up as a stand-alone post when I get caught up. Great data points. Thank you.
DeleteSure. Look forward to your perspective on Elm Tree. Don't even know where it is. The top ranking kinda depends on what period cum (12 months, 24 months, etc.), you look at. There's a few other good fields also.
DeleteI used to track the various fields in the Bakken to help me better understand what was going on. I haven't updated most of them in a long, long time, now that I have a better feeling for them.
DeleteHere is the list of fields I have updated over the years:
http://themilliondollarway.blogspot.com/2013/04/fields-and-field-updates.html.
Elm Tree is here: http://themilliondollarway.blogspot.com/2010/02/elm-tree-field-update.html.
For quite awhile, I tracked productivity by field, again, to give me an idea of what was going on. That was labor intensive, so I haven't done it in a long time. One can see those lists by clicking on this URL and wading through a lot of posts:
http://themilliondollarway.blogspot.com/search/label/Production_Bakken_Field.