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.
Halo effect is return of rested production (quick flash from pressure builidup), not some special new production from nearby frack being like a refrack. This is good support for that belief.
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