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Tuesday, October 1, 2019

Hess Is Reporting Some Great Wells In Blue Buttes -- October 1, 2019

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The definition of an ideal well: a well that pays for itself in six months and then generates free cash flow for 35 years. 

The wells in this area have been updated. Hess has recently reported some incredible wells in this area:
Examples follow.

Note that #34206 produced over 200,000 bbls in less than nine months.

Note that #30027 had a 50K+ month (50,483 bbls in 29 days).

34206, 2,954, Hess, BB-Chapin-151--95-0506H-10, 60 stages, 8.4 million lbs, mixed sand; t12/18; cum 201K 8/19;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20193113088131298022000
BAKKEN7-20193115879158307445298752125552
BAKKEN6-2019301580515841779436874828128301
BAKKEN5-2019251686416866687838392453833637
BAKKEN4-2019292534925269919166461595636608
BAKKEN3-201928340993423911579554233624618907
BAKKEN2-20192829494293889677481693257215325
BAKKEN1-20193131315312031191548708648393
BAKKEN12-20181619328192127932198711219699

30027, 3,957, Hess, BB-Federal-151-95-0817H-6; t6/19; cum 134K 8/19; 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-201931416674172111473000
BAKKEN7-20193141753418461274682855178816211
BAKKEN6-201929504835003814505624284108921055

30029, 3,969, Hess, BB-Federal-151-95-0817H-4; t6/19; cum 113K 8/19;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20193134078341578742000
BAKKEN7-2019313811538149106358764491999273
BAKKEN6-201924404584010210422464963027815978

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