Closer Look At An EOG Well Coming Off Confidential List This Week -- March 29, 2020

The well:

33432, conf, EOG, Liberty LR 43-1109H, 33-061-04028, Parshall, fracked, 7/6/19- 8/6/19; 14.8 million gallons of water (huge amount, typical for EOG; 84.2% water by mass; friction reduce, 0.3390; compared to dozens of individual ingredients usually seen at FracFocus in a frack slurry, EOG lists only seven (does not include water and sand [other solids])

Date	Oil Runs	MCF Sold
1-2020	18806	3562
12-2019	24154	8565
11-2019	29321	11806
10-2019	40369	23463

One can start to see the reason fracking costs can account for 2/3rds the cost of drilling/completing a well -- a typical Bakken well is drilled in seven to ten days; fracking is taking up to a month.

The graphics:

Now isn't this interesting? I never expected this, completely missed this (I probably posted it earlier but if so, completely forgot).

Look at this well with a very, very old permit number (from 2012, to be exact):

• 23958, 2,719, EOG, Liberty LR 107-1109H, Parshall, t9/19; cum 178K in less than five months; cum 178K 1/20; TD = 21,848 feet; fracked 8/5/19; 53 stages; 22.81 million lbs of sand, all 100 mesh sand; 12.5 million gallons of water; 

From the file report:

• permit and preliminary work says target was Three Forks; drilling unit, 1920-acre; the drilling report states the target was the middle Bakken, and the stimulation formation was the "Bakken"; sundry form received March 25, 2019, request to change target formation from Three Forks to Bakken;
• a sundry form received September 9, 2016: request to extend permit for an additional year; the APD was originally approved on October 1, 2012;
• a sundry form received September 25, 2017: request for one-year extension on the permit;
• note: APD -- application for permit development

Full production data:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2020	31	21837	21770	36701	17556	17191	4
BAKKEN	12-2019	31	27128	27191	45940	15297	14970	13
BAKKEN	11-2019	30	35307	35346	59040	19680	17412	1918
BAKKEN	10-2019	31	38687	39180	72239	26707	24625	1716
BAKKEN	9-2019	25	55045	54159	95098	38709	37865	0

Other wells:

• 20038, 625, EOG, Liberty LR 12-11H, Parshall, t4/25/12; cum 266K 1/20; full production profile here; tested 4/21/12; 42stages, 4.9 million lbs, all sand;