Closer Look At New Well Reported By Hess -- November 11, 2020

For newbies: in the good old days, early in the boom, a Bakken well that produced 100,000 bbls in two years with a EUR of 300,000 bbls and drilled over 60 days was considered a good well. 

The well:

• 365091, loc/A, Hess, SC-5WX-152-99-0310H-5, API: 33-053-09077; Banks, SC-5WX wells are tracked here; t--; cum 118K 9/20; 118K over four months; production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	9-2020	30	27691	27192	29221	55866	55746	3
BAKKEN	8-2020	10	6323	6850	10677	16597	15403	1112
BAKKEN	7-2020	30	27714	27460	26395	56248	56084	58
BAKKEN	6-2020	30	28609	28451	29800	56257	52847	3309
BAKKEN	5-2020	21	27227	26872	26465	48975	43229	5660

From the well file:

• frack data not yet posted at the NDIC website;
• spud: February 9, 2020
• cease drilling February 18, 2020
• middle Bakken; TD = 22,610' MD
• logging services began February 12, 2020, at 7:12 a.m. CT
• vertical: drilled in two runs, with a planned bit trip at 8,741' MD
• curve: began on February 13 at 5:40 a.m.; completed on February 13 at 8:45 a.m. If I am reading that correctly, they completed the curve in three hours; generally, I've seen curve completions taking slightly less than 12 hours (as the standard):
• lateral:
• began on February 15, 7:52 a.m.
• 15' target centered 22.5' below the top of the middle Bakken
• total gas ranged from 17 to 2,519 units
• ceased at a depth of 22,610' MD on February 18, 2020, at 11:03 p.m. If I'm reading this correctly, they drilled the lateral in 3.5 days; generally I've seen laterals completed in six days (as the standard);

So, a day to drill the vertical; less than six hours to drill the curve; and less than four days to drill the lateral.

FracFocus:

• 4/6/20 - 4/19/20
• small to moderate frack: 6.6 million gallons of water
• water: 87.3% water by mass; on the low side but within "usual" parameters;