Sunday, January 5, 2020

Mideast Heating Up Just In Time For US Shale? -- January 5, 2020

Headlines from oilprice, same time:



Huge, Huge US Crude Oil Draw -- EIA -- January 5, 2020

EIA weekly report, the last week of 2019, data for week ending December 27, 2019:
  • weekly draw: an incredible 11.5 million bbls of oil; I don't recall seeing a number this big; certainly not in recent memory;
  • US crude oil in storage: 429.9 million bbls; at the five-year average
  • refineries operating at 94.5% capacity which has been trending higher over the past few weeks
  • jet fuel supplied was up 10% compared with same four-week period last year
Re-balancing:

Week
Week Ending
Change
Million Bbls Storage
Week 0
November 21, 2018
4.9
446.9
Week 1
November 28, 2018
3.6
450.5
Week 2
December 6, 2018
-7.3
443.2
Week 3
December 12, 2018
-1.2
442.0
Week 4
December 19, 2018
-0.5
441.5
Week 5
December 28, 2018
0.0
441.4
Week 49
October 30, 2019
5.7
438.9
Week 50
November 6, 2019
7.9
446.8
Week 51
November 14, 2019
2.2
449.0
Week 52
November 20, 2019
1.4
450.4
Week 53
November 27, 2019
1.6
452.0
Week 54
December 4, 2019
-4.9
447.1
Week 55
December 11, 2019
0.8
447.9
Week 56
December 18, 2019
-1.1
446.8
Week 57
December 27, 2019
-5.5
441.4
Week 58
January 3, 2020
-11.5
429.9

Gasoline demand, link here:

Huge Jump In Production, Enerplus' Wind Well In Mandaree Oil Field -- January 5, 2020

This page will not be updated; this well is tracked elsewhere.

The well:
  • 25737 1,278, Enerplus, Wind 149-93-07D-12H-TF, Mandaree, t9/14; cum 357K 11/19;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20192899610405278118711240
BAKKEN10-2019291983820501256621822306818590
BAKKEN9-20190000000
BAKKEN8-20190000000
BAKKEN7-20190000000
BAKKEN6-20190000000
BAKKEN5-20190000000
BAKKEN4-20190000000
BAKKEN3-20195354716949529969
BAKKEN2-201928309531861432433313112530
BAKKEN1-2019302210195874230946411886
BAKKEN12-20183120762217109329069401454
BAKKEN11-2018231631178454622831063910
BAKKEN10-2018302294228085132122012805

Enerplus' "Storm" Pad And "Precipitation" Pad In Section 7-149-93, Mandaree Oil Field

Updates

February 10, 2021: initial production for four wells now being reported.

The Wells

The "Precipitation" pad:

  • 25736, 2,347, Enerplus, Snow 149-93-07A-12H, Mandaree, t6/15; cum 549K 3/20; off line 12/19; remains off line 2/21; back on line 4/21; cum 553K 5/21; was off line for over a year, no degradation; cum 595K 11/22;
  • 35800, drl/NC-->conf-->930, Enerplus, Frost 149-93-07A-12H-TF-LL, 33-025-03630, Mandaree, first production, 10/20; 8K; fracked 10/3/20 - 10/14/20; 7.8 million gallons of water; 82.4% water by mass; producing; 31K first full month; t10/22; cum 116K 5/21; cum 291K 11/22;
  • 35801, rig on site (11/19)-->drl/NC-->conf-->1,588, Enerplus, Hail 149-93-07A-12H, 33-025-03631, Mandaree, first production, 10/20; 14K; fracked 10/3/20 - 10/14/20; 8.1 million gallons of water; 84.8% water by mass; first full month production: 30K; cum 111K 2/21; cum 155K 5/21; cum 278K 11/22;
  • 25735, 1,773, Enerplus, Rain 149-93-07A-12H TF, Mandaree, t6/15; cum 374K 11/19; off line 11/19; remains off line 2/21; back on line 4/21; cum 378K 5/21; cum 397K 11/22;
  • 35802, drl/NC,-->conf-->F/A-->834, Enerplus, Sleet 149-93-07A-12H, 33-025-03632, Mandaree, first production, 10/20; 13K; fracked 10/3/20 - 10/14/20; 8 million gallons of water; 84.5% water by mass; first productoion, 10/20; at 13,569 bbls over 8 days, extrapolates to 51K bbls crude oil; t10/20; cum 138K 2/21; cum 177K 5/21; cum 276K 11/22; recently off line;
  • 35803, drl/NC-->conf-->1,599, Enerplus, Blizzard 149-93-07A-12H-TF, 33-025-03633, Mandaree, first production, 13K 10/20; fracked 10/3/20 - 10/14/20; 7.9 million gallons of water; 83.4% water by mass; first full month, 27K; cum 156K 5/21; cum 307K 11/22;
The "Storm" pad:
  • 35890, 257, Enerplus, Typhoon 149-93-07D-12H-TF, Mandaree, t7/19; cum 199K 9/20; a 23K month; off line 10/20; remains off line 5/21; cum 236K 11/22;
  • 25738, IA/1,946, Enerplus, Sun 149-93-07D-12H, Mandaree, t8/14; cum 426K 2/21; off line 10/20; back on line 11/20; cum 431K 5/21; cum 455K 8/22; offline;
  • 35889, 257, Enerplus, Lightning 149-93-07D-12H, Mandaree, t7/19; cum 153K 2/21; a 26K month; off line 4/20; remains off line, 5/20; back on line 7/20; cum 155K 5/21; cum 220K 11/22;
  • 35888, 896, Enerplus, Squall 149-93-07D-12H-TF, Mandaree, t7/19; cum 259K 2/21; a 31K month; cum 270K 5/21; cum 341K 11/22;
  • 25737 1,278, Enerplus, Wind 149-93-07D-12H-TF, Mandaree, t9/14; cum 362K 12/20; see this post for huge jump in production; off line 4/20; remains off line 5/20; coming back on line 10/20; back off line 2/21; back on line for 3 days, 5/21; cum 363K 5/21; cum 370K 11/22; was recently off line;
  • 35887, 540, Enerplus, Stormy 149-93-07D-12H-LL, Mandaree, 7/19; cum 199K 2/21; a 37K month; off line 1/20; remains off line 5/20; back on line but then offline 10/20; back on line 12/20; cum 223K 5/21; cum 294K 11/22;

CLR's Honolulu Wells On Indian Hill

CLR's Honolulu wells in Indian Hill, south of the river, south of Williston, ND:
  • 20947, 701, CLR, Honolulu 1-22H, Indian Hill, t9/11; cum 214K 12/19; stripper well status, January 29, 2018; 30 stages; 2.9 million lbs;
  • 26588, 758, CLR, Honolulu 3-22H3, Indian Hill, t6/14; cum 1435K 12/19; Three Forks third bench, 30 stages; 8.8 million lbs;
  • 26586, 664, CLR, Honolulu 2-2H2, Indian Hill, t7/14; cum 194K 12/19; Three Forks second bench; 30 stages; 8.3 million lbs;
  • 35906, 2,178, CLR, Honolulu 4-15H, Indian Hill, producing, a nice well; 33K month; see below; t7/19; cum 127K 12/19;
  • 35905, 2,818, CLR, Honolulu 5-15H, Indian Hill, producing, a nice well; 33K month; see below; t7/19; cm 140K 12/19;
  • 35904, 2,768, CLR, Honolulu 6-15H, Indian Hill, producing, a very nice well; 43K month; see below; t7/19; cum 146K 12/19;
*************************************************

Initial production for newest wells:

#35904, middle Bakken:
DateOil RunsMCF Sold
11-20191952216611
10-20192694321176
9-20192068114145
8-20194292524796
7-2019121817289

#35905, middle Bakken:
DateOil RunsMCF Sold
11-20192193317014
10-20192508418181
9-20192166815178
8-20193326425094
7-2019141508504



#35906, middle Bakken:
DateOil RunsMCF Sold
11-20192303918603
10-20192579817131
9-20192256816381
8-20193275220517
7-2019124707755

Saudi Arabia Foreign Exchange Reserves Surges After IPO Launched -- January 5, 2020

November, 2019, data posted.

Link here.


Initial Production Data For Wells Coming Off Confidential List This Next Week; Look At That Huge Bigfoot Middle Bakken Well -- January 5, 2020

36626, conf, XTO, Haustveit 42X-10DXA, Beaver Lodge, no production data,

35906, conf, CLR, Honolulu 4-15H, Indian Hill,

DateOil RunsMCF Sold
11-20192303918603
10-20192579817131
9-20192256816381
8-20193275220517
7-2019124707755

35890, conf, Enerplus, Typhoon 149-93-07D-12-TF, Mandaree,

DateOil RunsMCF Sold
11-20191791433465
10-201929995605
9-20191538320051
8-20192341724920
7-20191772410290

35889, conf, Enerplus, Lightning 149-93-07D-12H, Mandaree,

DateOil RunsMCF Sold
11-20191882520327
10-2019344920973
9-20191335313920
8-20192599027658
7-20192223712911

35021, conf, Lime Rock Resources III, Anderson 13-24-1TFH, Alger,

DateOil RunsMCF Sold
11-2019151845126
10-2019173207153
9-201979194164
8-2019117455622
7-201977171386

36013, conf, Kraken, Bigfoot 23-11 4TFH, Sanish,

DateOil RunsMCF Sold
11-2019377770
10-20194117315075
9-20194046013596
8-20193675021478
7-20191478430

36012, conf, Kraken, Bigfoot 23-11 3H, Sanish, a 50K well,

DateOil RunsMCF Sold
11-2019382000
10-20194885317753
9-20195370218345
8-20194809927591
7-20192123943

36011, conf, Kraken Bigfoot23-11 2TFH, Sanish,

DateOil RunsMCF Sold
11-2019305450
10-20193075910286
9-2019280458235
8-201974324005
7-2019686114
  
36010, conf, Kraken, Bigfoot 23-11 LW 1H, Sanish,

DateOil RunsMCF Sold
11-2019460500
10-20194410015290
9-20193534111001
8-20191619310
7-2019633513

35572, conf, Whiting, Anderson 41-7HU, Sanish,

DateOil RunsMCF Sold
11-20191197715259
10-20191868521336
9-20192257920949
8-20191643112871
7-2019178400

33185, conf, BR, Franklin 34-36TFH, Little Knife, no production data,

34364, conf, Petro Harvester, FLX4 17-18 163-90 H, Flaxton,

DateOil RunsMCF Sold
11-201978770
10-201914280

33186, conf, BR, Franklin 34-36MBH, Little Knife, no production data,

35888, conf, Enerplus, Squall 149-93-07D-12H-TF, Mandaree,

DateOil RunsMCF Sold
11-20193099219344
10-20192208322591
9-20191923416036
8-20192163423022
7-20192391613885

35887, conf, Enerplus, Stormy 149-93-07D-12H-LL, Mandaree,

DateOil RunsMCF Sold
11-20191821611748
10-20191679117468
9-20192155523496
8-20193713844340
7-20193269140974

35725, conf, Nine Point Energy, State 154-102-25-36-7H, Rosebud,

DateOil RunsMCF Sold
11-20192046216680
10-20191840914910
9-2019119279403
8-20191700910245
7-2019118417964

36287, conf, BR, Veeder 3D TFH, Blue Buttes, no production data,

36286, conf, BR, Veeder 3E MBH, Blue Buttes, no production data,

35317, conf, Oasis, Mildred Nelson Federal 5297 11-30 11TX, Elidah,

DateOil RunsMCF Sold
11-20192946974719
10-20192544762394
9-20192010048193
8-20191953842755
7-20192220050346

35238, conf, Lime Rock, Anderson 13-24-4TFH, Alger,

DateOil RunsMCF Sold
11-2019123118767
10-201974704744
9-201962373702
8-201981114691
7-201958431496

33191, conf, BR, Franklin 24-36TFH, Little Knife, no production data,

34382 conf, BR, Veeder 3C MBH, Blue Buttes, no production data,

34362, conf, Petro Harvester Operating Company, FLX4 17-18 163-90 F, Flaxon,

DateOil RunsMCF Sold
11-201983550

Wells Coming Off The Confidential List This Next Week -- January 5, 2020

Monday, January 13, 2019: 34 for the month; 34 for the quarter; 34 for the year:
36626, conf, XTO, Haustveit 42X-10DXA, 
35906, conf, CLR, Honolulu 4-15H, 

Sunday, January 12, 2019: 32 for the month; 32 for the quarter; 32 for the year:
None. 

Saturday, January 11, 2019: 32 for the month; 32 for the quarter; 32 for the year:
35890, conf, Enerplus, Typhoon 149-93-07D-12-TF
35889, conf, Enerplus, Lightning 149-93-07D-12H, 

Friday, January 10, 2019: 30 for the month; 30 for the quarter; 30 for the year:
35021, conf, Lime Rock Resources III, Anderson 13-24-1TFH

Thursday, January 9, 2019: 29 for the month; 29 for the quarter; 29 for the year:
36013, conf, Kraken, Bigfoot 23-11 4TFH
36012, conf, Kraken, Bigfoot 23-11 3H,
36011, conf, Kraken Bigfoot23-11 2TFH
36010, conf, Kraken, Bigfoot 23-11 LW 1H, 
35572, conf, Whiting, Anderson 41-7HU, 

Wednesday, January 8, 2019: 24 for the month; 24 for the quarter; 24 for the year:
33185, conf, BR, Franklin 34-36TFH

Tuesday, January 7, 2019: 23 for the month; 23 for the quarter; 23 for the year:
34364, conf, Petro Harvester, FLX4 17-18 163-90 H, 
33186, conf, BR, Franklin 34-36MBH, 

Monday, January 6, 2019: 21 for the month; 21 for the quarter; 21 for the year:
35888, conf, Enerplus, Squall 149-93-07D-12H-TF
35887, conf, Enerplus, Stormy 149-93-07D-12H-LL,
35725, conf, Nine Point Energy, State 154-102-25-36-7H, 

Sunday, January 5, 2019: 18 for the month; 18 for the quarter; 18 for the year:
36287, conf, BR, Veeder 3D TFH
36286, conf, BR, Veeder 3E MBH, 
35317, conf, Oasis, Mildred Nelson Federal 5297 11-30 11TX
35238, conf, Lime Rock, Anderson 13-24-4TFH,
33191, conf, BR, Franklin 24-36TFH

Saturday, January 4, 2019: 13 for the month; 13 for the quarter; 13 for the year:
34382 conf, BR, Veeder 3C MBH, 
34362, conf, Petro Harvester Operating Company, FLX4 17-18 163-90 F,