A Closer Look At The Wave Operating Well Coming Off The Confidential List This Next Week, #37068 -- April 19, 2020

Update

April 23, 2020:

The Wave Hudson 1-32 spud on October 23rd, 2019 by Key 885 to drill the surface and vertical hole. The well reached total depth in 10 total drilling days on November 2nd, 2019. After not observing the channel sand interval suggested by seismic data, Wave decided to plug the well with the possibility of reentry under better economic conditions to exploit the porous interval noted in E-Logs.

Original Post

 

This is pretty cool: Wave Operating. Coming off confidential list this next week:

• Thursday, April 23, 2020: 36 for the month; 36 for the quarter, 291 for the year:
• 37068, DRY, Wave Petroleum Operating, Hudson 1-32, Tyler, wildcat
• this well is almost exactly 25 miles directly southwest of Dickinson

Wave Operating was first mentioned on the blog back on October 9, 2019, as a new operator in the Bakken:

• Wave Petroleum Operating, LLC has a permit for a wildcat in NESE 32-138-100; the wildcat is in the far southwest corner of the state, in Billings County; it is 7.3 miles to the northwest of the new Lourdes well (#22223) that currently has a rig on site; the Wave Petroleum well, Hudson 1-32 is about 20 miles southwest of South Heart, the latter is west of Dickinson; and east of Belfield; the older wells in this area are generally Madison wells; the Lourdes well is a re-entry well targeting the Tyler/Heath, I believe; this is the very first permit for this company in North Dakota; link here; 

Over at the NDIC, Wave Petroleum has only one permit in the Bakken as of this date:

File No	CTB No	API No	Well Type	Well Status	Status Date	DTD	Location	Operator	Well Name	Field
37068		3300701919		Confidential			NESE 32-138-100	Wave Petroleum Operating, LLC	HUDSON 1-32	WILDCAT

Over at Bakken operators, this entry:

Wave Petroleum Operating, LLC

• first mentioned October 9, 2019
• new operator in the Bakken
• drilling a wildcat, #37068, in southwest North Dakota; likely targeting the Madison

By the way, an update on the Lourdes well, #22223 -- that was a re-entry well into the Tyler formation. The lateral was not drilled to planned "depth" (length) due to "hole conditions" -- sundry form received by NDIC on October 29, 2019. The operator, Medora Minerals, requested a hearing for the December, 2019, NDIC hearing dockets. I do not know the results of that hearing, or if it was even heard. The well is current TA and not produced any significant oil since it was first drilled back in 2012 as a Madison, and then re-entered in 2014, targeting the Tyler. Four laterals were attempted. Operator would like to assess economic viability of the "sand" in which the horizontal(s) are located.