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Wednesday, August 19, 2020

Random Update Of An EOG Well On The Eastern Fringe Of The Bakken -- August 19, 2020

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:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN6-20203013311315210195617160
BAKKEN5-202062021622352460207
BAKKEN4-202000540000
BAKKEN3-202018461462807185720
BAKKEN2-2020297057057011789420
BAKKEN1-2020314864863710477960
BAKKEN12-20193179579751130110500
BAKKEN11-201930962961651395113021
BAKKEN10-2019311033108984152712780
BAKKEN9-2019306616053811619210

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.

2 comments:

  1. 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.

    ReplyDelete

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