Monday, June 1, 2020

OMG! CLR Did It Again -- The Dreaded Bakken Decline -- Another Carus Permit -- June 1, 2020

The dreaded Bakken decline:
  • the well was drilled back in 2007;
  • in 2019, production jumped from 700 bbls / month to 40,000 bbls/month, a 57-fold jump in production;
  • then another jump in production a few months later, from 20,278 bbls over 30 days to 33,200 bbls over 29 days;
We highlighted the Carus family of wells back in November, 2019. They are back in the news with a new CLR Carus permit. The Carus wells are tracked here. At that link, the most recently added permit has been added, #37606. In the immediate area is the actively producing well below:

The well, note the IP:
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-20202822888224831757852591522270
BAKKEN3-20203130205300792201861844614350
BAKKEN2-20202933200331802347454612542430
BAKKEN1-20201711222112411013515645154530
BAKKEN12-20193117235173271829326789263700
BAKKEN11-2019302027820191219072937728696276
BAKKEN10-201930248212489626486319613152439
BAKKEN9-2019292614326021324233229931805165
BAKKEN8-2019314058640539547404857947682478
BAKKEN7-20193042528423386015053111457916925
BAKKEN6-20190000000
BAKKEN5-201942081946350246902428
BAKKEN4-20190000000
BAKKEN3-20190000000
BAKKEN2-20190000000
BAKKEN1-20190000000
BAKKEN12-20180000000
BAKKEN11-20187121430202027150
BAKKEN10-20183163757910710446619
BAKKEN9-20183062075583104025610

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