Closer Look at Hess' Plan To Place 15 Wells On One 1280-Acre Blue Buttes Drilling Unit -- September 25, 2020

From the NDIC hearing dockets, October, 2020.

Case (not a permit):

• 28566, Hess, Blue Buttes-Bakken; amend; authorize up to 13 wells on a 1280-acre unit; sections 8/17-150-95, McKenzie County;

Graphics: pending

Currently there appear to be 10 wells in this stand-up 1280-acre unit; which means another 3 wells. Stand-up: 2 x 1; or two sections in a vertical line, north to south.

The wells:

• 23969, 1,188, Hess, BB-Rice 150-95-0718H-3, Blue Buttes, t4/13; cum 436K 7/20;
• 23968, 1,348, Hess, BB-Rice 150-95-0718H-2, Blue Buttes, t3/13; cum 402K 7/20; nice well with history of jump in production;
• 17125, AB/713, Hess, BB-Rice 150-95-0718H-1, Blue Buttes, t10/08; cum 358K 10/17; minimal production since 11/17;

As you go through these wells below, note that at the wellhead, at $20/bbl, these wells pay for themselves in less than two years. They will go on producing for upwards of 30 years. The decline rates are yet to be known; EURs of at least one million bbls/well.

• 35037, 3,945, Hess, BB-Charlie Loomer-150-95-0718H-4, Blue Buttes, t10/19; cum 304K 7/20; >300K in less than 10 months; 
• 35038, 4,226, Hess, BB-Charlie Loomer-150-95-0718H-5, Blue Buttes, t10/19; cum 260K 7/20; >260K in less than 10 months; 
• 35039, 3,771, Hess, BB-Charlie Loomer-150-95-0718H-6, Blue Buttes, t10/19; cum 210K 7/20; >210K in less than 10 months; 
• 35040, 3,209, Hess, BB-Charlie Loomer-150-95-0718H-7, Blue Buttes, t10/19; cum 229K 7/20; >229K in less than 10 months; 
• 35041, 3,511, Hess, BB-Charlie Loomer-150-95-0718H-8, Blue Buttes, t10/19; cum 167K 7/20; >167K in less than 10 months; 
• 35042, 4,251, Hess, BB-Charlie Loomer-150-95-0718H-9, Blue Buttes, t10/19; cum 239K 7/20; >239K in less than 10 months; 
• 35043, 4,051, Hess, BB-Charlie Loomer-150-95-0718H-10, Blue Buttes, t10/19; cum 209K 7/20; >300K in less than 10 months;