Second Time 'Round Wells -- 16704 -- MRO -- Darcy -- Bailey -- October 3, 2019

Updates

Later, 11:28 p.m. CT: quandary. Are these "second time 'round wells" or "third time 'round wells" -- the initial frack; the first jump after initial decline; and then the "third round," the second jump after the second decline. Decisions, decisions, decisions.

Having said that, it should be noted, that like the first jump, I have no idea if this phenomenon will eventually "move the needle" on a macro scale in the Bakken -- we probably won't know for a decade -- but for mom-and-pop mineral owners this has all the "visuals" of a lottery -- but a lottery with much, much better odds. 

Original Post

Previously posted:

It looks like we will have to start a new segment, something I'm calling "second time 'round wells," pending a better name. LOL. The "new" tag has been there for awhile.

These are wells that have shown a second period of increased production after the typical decline following a jump in production. 

Sequence: first six months of production; first jump in production some years later; second jump in production some years after that.

Anyway, I have a couple of these wells. Not many, but I haven't been looking for them either.

I posted a great example just moments ago. This is another one (see below).

The well:

• 16704, 398, MRO, Darcy 34-32H, Bailey, t12/07; cum 413K8/19; I may post the full production profile later, but the important dates
• 5/17; huge jump in production; from 600 bbls/month to 20,000 bbls/month;
• 10/13: a very moderate, almost subtle jump in production from 1,200 bbls/month (or less) to over 5,000 bbls/month; extended the decline curve quite nicely; moved the EUR;
• 12/08: first full month of production; 9,000 bbls/month; leveled out at 4,000 bbls/month one year later;