Wednesday, September 4, 2019

Hubbert's Theory Re-Visited In The Bakken, Part 2 -- September 4, 2019

I'm pretty much no longer tagging "halo," "production jumps," "parent-daughter uplift." The point has been proven in the Bakken. 

Wow, look at this one.

The well:
  • I posted the data below and forgot to record the well, so who knows which well it is. It doesn't matter, does it? Oh, here it is: 
    • 19503, 275, CLR, Simmental 2-21H, Elm Tree, t12/10; cum 320K 7/19; another very old well that should be in terminal decline by now;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20193118099184071247127833027436
BAKKEN6-2019302128921587150543262371331505
BAKKEN5-2019159243849068331559143814990
BAKKEN4-20190000000
BAKKEN3-20190000000
BAKKEN2-20190000000
BAKKEN1-2019002470000
BAKKEN12-201825179419038653017261875
BAKKEN11-2018302386211014313319283590
BAKKEN10-20181692712267431708147945
 
And then this one. Mom and Dad mineral owners really don't care why this happens, so I will be looking at wells with increased production in greater depth less often than I used to do. I really don't care why Bakken wells show increased production at this point. For any number of reasons.

The well:
  • 16792, 689, BR, Kermit 1-32H, Pershing, t5/08; cum 245K 7/19;
Recent production: 

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20192866966795309096347098855
BAKKEN6-20193011764121803381166724016558
BAKKEN5-20193011194109254679159188115763
BAKKEN4-2019301032210474624215166339411698
BAKKEN3-2019306783691731681031430407200
BAKKEN2-201923441942381630502049630
BAKKEN1-201929385739631487198819160
BAKKEN12-201829584159832376251524430
BAKKEN11-201827943195084396366736000
BAKKEN10-201831954889685736329632190
BAKKEN9-201817506052624608201919770
BAKKEN8-201821360228270
BAKKEN7-20180000000
BAKKEN6-20180000000
BAKKEN5-2018267896741274583930
BAKKEN4-2018301098140315471658854
BAKKEN3-2018239127043327096520
BAKKEN2-20180000000
BAKKEN1-20180000000
BAKKEN12-201710171044464210
BAKKEN11-201730727966103165715830
BAKKEN10-2017317937041261582141491
BAKKEN9-2017306886851631464133852
BAKKEN8-201731606658110174616690
BAKKEN7-201731935912130185317760
BAKKEN6-201730755685153180017260
BAKKEN5-2017318501148111195418770
BAKKEN4-201730819569173191218380

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