Idle Chatter Regarding an Oasis Well In Baker Oil Field -- February 6, 2020

This is a very, very typical well in Tier 1 Bakken wells.

The IP is nothing particularly noteworthy (see record IPs here) and the monthly production is not all that remarkable compared to many Bakken wells in Tier 1 locations.

But look at that cumulative production. There are many wells drilled back in the early days of the boom (2008 - 2012) that still haven't hit 100,000 bbls. This one has produced more than 100,000 bbls of crude oil in less than four months of production.

And, again, this is a well that doesn't get my attention. I see these results day in and day out looking at wells now being reported (yes, there is a lot of water (see this note); and much natural gas is being flared). Also note how "small" the frack was -- only 6 million lbs:

• 30188, 1,569, Oasis, Lewis Federal 5300 11-31 2B, 40 stages; 6 million lbs; Baker, t8/19; cum 109K 12/19; 

Full production data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2019	31	19599	19726	18037	26816	13442	13157
BAKKEN	11-2019	26	28524	28403	24036	30934	23707	7045
BAKKEN	10-2019	30	19417	19553	23199	19162	15185	3767
BAKKEN	9-2019	30	24250	24243	31653	22472	20897	1365
BAKKEN	8-2019	18	17671	17446	23356	17196	16685	385

The Baker oil field is tracked here, though it has not been updated in quite some time. If I have time, I will update it later tonight.

Baker oil field, immediately south of Williston, across the river: