The Spectacular MRO Wells In Reunion Bay -- April 24, 2020

MRO reports another great well:

• 36496, SI/NC, MRO, Royal USA 41-3TFH, Reunion Bay, t--; cum 122K 2/20; a 61K month;

In the past few days, MRO has reported:

• a great old well, re-fracked; the Bailey oil field re-frack project;
• three great MRO wells that came off confidential list yesterday, April 22, 2022;

An interesting comment from Bloomberg or Rigzone yesterday, I forget which:

• "new" wells in the shale oil patch are economically viable at $15.

Generally speaking, when "folks" speak about the US shale oil patch, they are talking about the Permian. For newbies and those who may have forgotten, see the EIA dashboards:

• EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
• EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
• EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf

Back to that MRO well noted above. Three wells on that pad:

• 36496, SI/NC, MRO, Royal USA 41-3TFH, Reunion Bay, t--; cum 122K 2/20; a 61K month;
• 36497, SI/NC, MRO, Evenson USA 41-3H, Reunion Bay, t--; cum 156K 2/20; a 65K month;
• 36498, SI/NC, MRO, Peterson USA 41-3TFH, Reunion Bay, t--; cum 75K 2/20; a 26K month;

Older, producing neighboring wells to watch:

• 22640, 1,443, MRO, Henry Charging USA 31-3TFH, Reunion Bay, t9/12; cum 406K 2/20; recently back on line;
• 21608, 1,525, MRO, Henry Charging USA 41-3H, Reunion Bay, t9/12; cum 462K 10/19; off line 10/19; remains off line 2/20;
• 26464, 1,857, MRO, Kimball USA 14-35TFH, Reunion Bay, t3/14; cum 429K 11/19; off line 11/19; remains off line 2/20;
• 18243, 646, MRO, Gladys USA 21-2H, Reunion Bay, t1/10; cum 390K 2/20; off line 6/19; returned to production, 2/20 for 19 days;

Production:

• 18243, 7,033 bbls over 19 days extrapolates to 11,104 bbls over 30 days:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	19	7033	6975	0	4191	4171	0
BAKKEN	1-2020	0	0	0	0	0	0	0
BAKKEN	12-2019	0	0	0	0	2	2	0
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	0	0	0	0	0
BAKKEN	9-2019	0	0	0	0	0	0	0
BAKKEN	8-2019	0	0	0	0	0	0	0
BAKKEN	7-2019	0	0	0	0	0	0	0
BAKKEN	6-2019	4	180	406	38	267	206	38
BAKKEN	5-2019	31	2343	2421	510	3021	2406	292
BAKKEN	4-2019	30	2196	2151	482	2434	2065	59

• 36497:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	42223	42284	26656	48119	0	45181
BAKKEN	1-2020	31	48089	48259	33584	46042	0	42717
BAKKEN	12-2019	30	65207	64623	66183	54365	0	49916
BAKKEN	11-2019	2	76	0	240	81	0	56

• 36496:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	25405	25319	33834	27941	0	26131
BAKKEN	1-2020	31	27848	28036	41968	29571	0	27593
BAKKEN	12-2019	30	60778	60844	79105	58036	0	53962
BAKKEN	11-2019	5	8151	7618	13438	6391	0	5845

• 36498:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	25480	25488	35813	26916	0	25153
BAKKEN	1-2020	31	26214	26184	43631	26545	0	24723
BAKKEN	12-2019	26	23443	23206	48500	21232	0	19622
BAKKEN	11-2019	2	0	0	138	0	0	0