Thursday, October 24, 2019

Another Old Bakken Well Goes Over 500,000 Bbl Cumulative; 18-Fold Jump In Most Recent Month -- Ten Years Old -- October 24, 2019

This well goes over 500,000 bbls cumulative, and the well does it with a flourish:
  • 17668, 1,163, Petro-Hunt, USA 3D-4-4H, Charlson, t9/09; cum 505K 8/19;
This well was drilled in 2009, ten years ago.

Maximum production, first full month after completion back in 2009: 22,798 bbls in October, 2009.

Since then, a steady Eddie.

In 2011, production dropped to less than 3,000 bbls/month (January, 2011).

But several months later it was back up to 8,000 bbls/month (April, 2011).

 Simply a very, very nice well, Plateaued out at about 3,000 bbls/month (2019).

Taken off line for several weeks in June, 2019, and then, again, in July, 2019, and this was the result. Again, remember, this well is ten years old; it has been a nice performer for ten years, but decline rate brought it down to 3,000 bbls/month, and then this, 36,475/2,000 =  18-fold jump:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20193136475367396566253841320812176
BAKKEN7-2019745363961510747534131622
BAKKEN6-20193145464322652480
BAKKEN5-201931187920481632716248515
BAKKEN4-2019301652160022026002236155
BAKKEN3-20193121402447317334431280
BAKKEN2-201927230422414273693342976
BAKKEN1-201931259825894434288399379
BAKKEN12-201831298033885724824458820

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