Still A DUC, But Producing Nicely -- Statoil Sax In Banks Oil Field -- March 15, 2020

Isn't this interesting, from 2Q16 -- very, very few wells are still not completed and producing from this period, four years ago, but look at this well, the last time I looked at it:

• 24090, TA, Statoil, Sax 25-36F 8TFH, Banks, no production data,

Now, today, we have an announcement! Still TATD (like a DUC) but we have production:

• 24090, TATD, Statoil, Sax 25-36F 8TFH, Banks, t--; cum 46K in four months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2020	25	12314	12051	25735	39275	29689	9382
BAKKEN	12-2019	31	8812	9092	22806	59238	10453	48501
BAKKEN	11-2019	30	14456	14535	28563	33282	32251	1031
BAKKEN	10-2019	15	8647	8307	16227	13412	13283	129
BAKKEN	9-2019	4	1734	1678	0	3390	3203	187

From the file report:

• spud: December 13, 2015;
• cease drilling: February 29, 2016
• target: Three Forks;
• TVD: 11,258.69 feet (0.69 feet = 82.8 inches -- measured two miles down)
• curve: 22 drilling hours, three runs; problems though: drilling started on November 11, 2015; EOC reached on February 8, 2016 (typo?)
• lateral: began January 1, 2016; 91 drilling hours in two runs
• gas: low
• 98% in the zone