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Tuesday, May 19, 2020

The Bakken Can Be Absolutely Mind-Boggling -- May 19, 2020

From an older note:
  • June 5, 2019
    • 31278, 4,862, Slawson, Torpedo Federal 10H, Big Bend, t12/18; cum 178K in 41 days; TD: 25,490 feet;139,068 bbls in 29 cays, 4/19: see this post;
So, how is that well doing?

Updated:
  • May 19, 2020:
    • 31278, 4,862, Slawson, Torpedo Federal 10H, Big Bend, t12/18; cum 575K 3/20; TD: 25,490 feet;139,068 bbls in 29 cays, 4/19: see this post;
This well was drilled/completed back in late 2018, tested at the very end of December, 2018. Let's see: December, 2019 -- one year. Then Jan - Feb - Mar, 2020 -- three months -- so it's produced less than fifteen months, and has produced almost 600,000 bbls of crude oil.

But when one looks at the production profile, note:
  • item:
    • 8 days in December, 2018
    • off line for two full months in early 2019
    • four days of production in March, 2019
    • less than a full month in June, 2019; November, 2019; and the first two months in 2020, and then one day in the most recent reporting month.
  • bottom line: maybe twelve full months of production; over 600,000 boe
  • production
    • crude oil: 574,999 bo
    • natural gas: 352,406 MCF =  58,725 boe
    • total boe in less than fifteen months: 633,724 bbls
Full production profile:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN3-2020110747107470000
BAKKEN2-20201928825292721408815653136520
BAKKEN1-202023423424261226643304022660797
BAKKEN12-20193144938448493229631462268570
BAKKEN11-20192141356420072371018080150890
BAKKEN10-20192840000394113335227215229940
BAKKEN9-201930374533793933956253162129820
BAKKEN8-20192953320528343918427544228840
BAKKEN7-201931339213404510982312619317141
BAKKEN6-2019222958530475294521657912787471
BAKKEN5-2019303680137642262492255717513935
BAKKEN4-2019291369241352729353598300798053959
BAKKEN3-2019415385156267510650604747
BAKKEN2-20190000000
BAKKEN1-20190000000
BAKKEN12-20188234022167226046966607115

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