Closer Look At The Most Recent CLR Wahpeton Well To Be Reported -- June 4, 2020

Comments And Observations

See the original post below:

• this was a huge "test" project when first proposed by CLR some years ago;
• the first thing I noted was how much work is left to be done in the Bakken; look at all the "white space" yet to be drilled in this drilling unit;
• in general I was disappointed when the first Wahpeton wells were reported; for the Banks oil field, they are not particularly noteworthy;
• the most recent wells are quite incredible, to say the least;
• the most recent Wahpeton to be reported suggests CLR is using moderate-size fracks;
• technically, these are not "daughter" wells in the strict sense of the word, but one could argue that despite a dozen or so wells already drilled in this drilling unit, the naysayers never would have expected these kinds of wells; and,
• as I said above: lots of white space ... oh, and one more things --
• multiple "formations" yet to be targeted;

Original Post

Yesterday this producing well (DUCs) was reported as completed:

• 35915, SI/A, CLR, Wahpeton 17-16H, Banks, t--; cum 107K in 2.5 months; 

The Wahpeton family of wells.

• The Wahpeton family of wells: another look at CLR's testing the lower benches of the Three Forks, Banks oil field; 

From the file report:

• spud date: June 18, 2019
• TD date: August 6, 2019
• targeting the middle Bakken
• the geologist's narrative in incredibly detailed; for example:
• "the (by now dreaded) possible thinning in the Lodgepole failed to appear. This ended up being the final ideal target point."
• it took three curve assemblies to build the curve;
• Bakken shale collapse issues are of lesser, but still manifest, concern in this area, and angles of intercept and shale exposure footage remain important data
• a single assembly completed the lateral
• drill out on morning of August 4, 2019 --  TD at mid-afternoon on August 6 -- is that about 60 hours to drill the lateral?
• background gas
• background gas initially averaged around 700 - 1000 units
• after 12750' MD, readings climbed to around 2000 - 4000 units
• the target was approximately 18' thick

Fracking data:

• frack data not yet scanned in at NDIC
• from FracFocus:
• fracked 12/6/19 - 12/18/19
• 8.4 million gallons of water; relatively moderate frack; 
• 87.4% water by mass;

Initial production.

• 35915:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2020	30	40260	39905	23467	70729	70337	0
BAKKEN	3-2020	31	51198	51068	32292	83562	83562	0
BAKKEN	2-2020	7	15020	14894	10519	21113	21082	31
BAKKEN	1-2020	5	449	449	7154	2123	0	2123
BAKKEN	12-2019	0	0	0	0	0	0	0

From a Continental Resources exhibit. Sent in by a reader:

The Wahpeton wells are sited in section 16, and run north to south, ending in section 21.

• 36134, 41K extrapolates to 46K in a 30-day month:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2020	2	2047	2355	2011	5126	0	5122
BAKKEN	3-2020	27	41205	40528	45135	79448	0	79313
BAKKEN	2-2020	0	0	0	0	0	0

The graphics: