Back on 8/19, I posted this:
16768, EOG, a huge well; typical decline rate; 668K 8/19; petering out; what will they do with these wells; incredibly good wells; just let them decline to nothing; re-frack or re-drill nearby?The well:
- 16768, 1,441, EOG, Austin 2-03H, Parshall, t12/07; cum 675K 6/20;
Comments: this well is located on the far eastern fringe of Bakken; unless the price of oil appreciates significantly, I can't imagine a lot of activity this far east. So, I was surprised when this well brought back on line after being shut in in 4/20 like most of the Bakken during global demand destruction. And initial production when brought back on line looked pretty impressive.
But more interesting, there are three locations on a single pad to the east of this well in the same section yet to be drilled.
16768, recent production:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 6-2020 | 30 | 1331 | 1315 | 210 | 1956 | 1716 | 0 |
| BAKKEN | 5-2020 | 6 | 202 | 162 | 235 | 246 | 0 | 207 |
| BAKKEN | 4-2020 | 0 | 0 | 54 | 0 | 0 | 0 | 0 |
| BAKKEN | 3-2020 | 18 | 461 | 462 | 80 | 718 | 572 | 0 |
| BAKKEN | 2-2020 | 29 | 705 | 705 | 70 | 1178 | 942 | 0 |
| BAKKEN | 1-2020 | 31 | 486 | 486 | 37 | 1047 | 796 | 0 |
| BAKKEN | 12-2019 | 31 | 795 | 797 | 51 | 1301 | 1050 | 0 |
| BAKKEN | 11-2019 | 30 | 962 | 961 | 65 | 1395 | 1130 | 21 |
| BAKKEN | 10-2019 | 31 | 1033 | 1089 | 84 | 1527 | 1278 | 0 |
| BAKKEN | 9-2019 | 30 | 661 | 605 | 38 | 1161 | 921 | 0 |
Graphics:
The three locations to the east:
- 26628, loc, EOG, Austin 76-0333H, Parshall,
- 26626, loc, EOG, Austin 33-0333H, Parshall,
- 26625, loc, EOG, Austin 32-0333H, Parshall,
Years and years ago, I talked about the numbering system of EOG. I got no pushback on my observations, and will leave it at that.
