At the sidebar at the right, there is an app that posts the top ten trending posts. Most top trending posts are recent posts, but when an "old" post rises to the top, it's time to take a look.
See this post. The original post was January 28, 2020. At that time, the most recent production data was for the month 11/19. At that time all completed wells were producing.
It is strange to see a post this old to be trending among the top ten. So, let's take a look.
Well, well, well. What do we see? The producing wells at the time of the original post are now all off line; and, the wells that were on "drl" status are now producing and have moved to the conf list. And finally the wells that were producing a small amount back in November, 2019, are now into full production.
So, now we know. The mom-and-pop mineral rights owners were checking into see what was going on. They must have received their royalty checks. Whoo-hoo!
There are so many story lines here:
- first, of course, the royalty checks for small mineral owners;
- second, once the price oil "comes back," the checks will be bigger;
- third, this opens up an entire new area for E&P;
- fourth, hopefully Nine Point Energy can hang through this downturn; they've been through this once before;
- fifth, the tenacity, the persistence, the git 'er done attitude of oil men and women; and,
- probably a lot more.
The wells:
- 34783, 1,004, Nine Point Energy, Missouri 152-103-4-2-1H, Eightmile, t11/18; cum 190K 11/19; a 24K month; now, 221K 3/20; only seven days 3/20; remains off line 4/20;
- 34784, 1,098, Nine Point Energy, Missouri 152-103-4-2-2H, Eightmile, t11/18; cum 207K 11/19; a 30K month; off line 11/19; remains off line 4/20;
- 34785, 1,083, Nine Point Energy, Missouri 152-103-4-2-3H, Eightmile, t11/18; cum 241K 11/19; a 24K month; off line 11/19; remains off line 4/20;
- 34786, drl-->conf, Nine Point Energy, Missouri 152-103-4-2-4H, Eightmile,
Date Oil Runs MCF Sold 4-2020 11917 2886 3-2020 739 0 - 34787, drl-->conf, Nine Point Energy, Missouri 152-103-4-2-5H, Eightmile,
Date Oil Runs MCF Sold 4-2020 16907 6850 3-2020 697 466 - 34788, drl, drl-->conf, Nine Point Energy, Missouri 152-103-4-2-6H, Eightmile,
Date Oil Runs MCF Sold 4-2020 16535 7390 3-2020 35 13
- 36157, 895, Nine Point Energy, S Missouri 152-103-9-11-12H, Eightmile, t12/19; cum 105K 4/20;
Date Oil Runs MCF Sold 3-2020 17389 0 2-2020 15701 0 1-2020 26216 0 12-2019 30245 0 11-2019 19 0 - 36156, 1,018, Nine Point Energy, S Missouri 152-103-9-11-11H, 80 stages; 13 million lbs; some ceramic; proposed 1600 acres (sections 10, 11 &E2/9-152-103); TD = 24,263 feet; lateral drilled in 64 hours; length of lateral, 12,840 feet; curve, 820 feet drilled in 13 hours; vertical (big rig), 1,700 feet drilled in 17 hours; gas: averaged 1,233 units in the lateral; maxed out at 7,013 units; Eightmile, t12/19; cum 106K 4/20;
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 3-2020 31 23032 22538 61899 25306 0 25306 BAKKEN 2-2020 24 10121 10304 32366 11323 0 11323 BAKKEN 1-2020 31 20653 20661 60923 15769 0 15769 BAKKEN 12-2019 30 25642 25921 76274 26702 0 26702 BAKKEN 11-2019 9 7582 6950 48719 2373 0 2373 - 36155, 983, Nine Point Energy, S Missouri 152-103-9-11-110H, 80 stages; 13 million lbs; some ceramic; proposed 1600 acres (sections 10, 11 &E2/9-152-103); TD = 24,263 feet; Eightmile, t11/19; cum 118K 4/20;
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 3-2020 28 19982 19612 55898 26359 0 26359 BAKKEN 2-2020 27 12408 12512 36613 13415 0 13415 BAKKEN 1-2020 31 18163 18253 56928 24050 0 24050 BAKKEN 12-2019 31 28579 29697 72341 32286 0 32286 BAKKEN 11-2019 24 18117 16605 58555 11698 0 11698
- 37259, drl, Nine Point Energy, S Missouri 152-103-4-11-9H, Eightmile,
- 37258, rig-on-site (January, 2020)-->drl, Nine Point Energy, S Missouri 152-103-4-11-8H, Eightmile,
June 10, 2020:
May 30, 2020:
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