The Bakken Is Like A Box Of Chocolates -- One Never Knows What One Will Get - September 21, 2019

First things first: a huge thanks to a Williston, ND, reader who "schooled" me this morning. I completely missed yesterday's daily activity report. I failed to scroll down to see that the report was in fact "there." So, yesterday's daily activity report has been updated. 

Six producing wells (DUCs) reported as completed:

• 34290, 860, XTO, FBIR Walker 31X-36F, Heart Butte, t6/19; cum 15K over 32 days;
• 34347, 353, XTO, FBIR Walker 31X-36DXA, Heart Butte, t6/19; cum 65K in 30 days;
• 33998, 183, XTO, FBIR Walker 31X-36D, Heart Butte, t6/19; cum --;
• 35270, 697, Petroshale, Bear Chase 1TFH, Spotted Horn, t6/19; cum 40K over 35 days;
• 35269, 958, Petroshale Bear Chase 1MBH, Spotted Horn, t6/19; cum 60K over 41 days;
• 35271, 1,176, Petroshale, Bear Chase 2MBH, Spotted Horn, t6/19; cum 40K over 33 days; 

Those are some of the "worst" IPs I've ever seen for DUCs. Incredibly, across the board, awful numbers, including the last one, #35271.

But then looking a bit deeper, it turns out they are all great wells.

XTO: here, hold my beer -- 

Example:

• 34347, 353, XTO, FBIR Walker 31X-36DXA, Heart Butte, t6/19; cum 65K in 30 days; production -- 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	7-2019	30	64700	63596	75722	41121	29464	11270
BAKKEN	6-2019	2	372	103	1115	69	0	24

From the well file:

• spud: January 20, 2018
• total drilling days: 18 (two times longer than "standard")
• target: middle Bakken
• vertical: it looks like about 9 days
• horizontal: about 6 days
• trips: five or six
• background gas: 500 - 4,500 units
• ideal target zone: 14' intervale of silty sandstone and intermittent packstone, initally 10' belwo the upper Bakken shale; 
• phenomenal work by the roughnecks and the geologists: 100% of the uncased borehole in the 14' middle Bakken ideal target
• cease drilling: April 7, 2018
• completion: NDIC has not yet posted frack data; FracFocus has not yet posted data;

So, we have a lousy IP (353) and an incredibly good well, 65K over 30 days.