Oasis Osprey Well South Of Williston Trending Toward 500K Bbls Crude Oil Cumulative -- 2.5 Years -- April 6, 2020

As with so many Bakken wells, note the chronological number of this well.

The well:

• 33499, 593, Oasis, Osprey 5401 44-23H, Todd, 50 stages; 9.9 million lbs; mesh/large/ceramic, a huge well; on the south side of the tracks on the south side of Williston; t10/17; cum 453K 2/20; 

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	26	4594	4594	2181	10330	8752	1006
BAKKEN	1-2020	31	7575	7575	4791	21721	11318	9721
BAKKEN	12-2019	30	7049	7049	3290	13547	9717	3170
BAKKEN	11-2019	30	7457	7457	3370	13171	7801	4710
BAKKEN	10-2019	29	8965	8965	5201	13474	11520	1316
BAKKEN	9-2019	21	4949	4949	3546	11759	10099	1198
BAKKEN	8-2019	31	9186	9300	5427	21096	8914	11500
BAKKEN	7-2019	31	10631	10748	5575	19613	0	18931
BAKKEN	6-2019	30	10340	10191	5273	12411	10370	1381
BAKKEN	5-2019	21	6396	6315	4391	7934	7183	289
BAKKEN	4-2019	30	10563	10563	7331	13154	12166	328
BAKKEN	3-2019	30	8072	8180	6707	8989	7953	1036
BAKKEN	2-2019	28	9342	9342	12129	9915	9235	64
BAKKEN	1-2019	20	6584	6574	8864	11540	10320	780
BAKKEN	12-2018	31	16119	16154	17538	28159	26715	762
BAKKEN	11-2018	29	15087	15010	16739	24278	20112	3528
BAKKEN	10-2018	31	18498	18477	19001	25593	21392	3519
BAKKEN	9-2018	30	21297	21470	20230	26063	24980	423
BAKKEN	8-2018	31	21915	21739	22272	23149	20813	1654
BAKKEN	7-2018	31	22901	22904	25908	22688	17303	4703
BAKKEN	6-2018	30	22118	22115	25028	20839	19159	1020
BAKKEN	5-2018	31	22251	22251	27508	21160	17593	2885
BAKKEN	4-2018	15	15078	15081	15681	13342	12087	925
BAKKEN	3-2018	31	17654	17654	22678	14686	13811	193
BAKKEN	2-2018	28	18222	18219	22860	13680	13064	0
BAKKEN	1-2018	31	23884	24011	30071	18556	17280	594
BAKKEN	12-2017	31	30321	30337	38030	24911	22762	1467
BAKKEN	11-2017	30	35231	35136	43675	26777	23575	2542
BAKKEN	10-2017	31	39221	39140	49550	28963	16833	11448
BAKKEN	9-2017	1	1125	1126	8990	3662	353	3265

Oasis Peregrine Well South Of Williston Trending Toward 500K Bbls Crude Oil Cumulative -- 2.5 Years -- April 6, 2020

The well:

• 33130, 1,220, Oasis, Peregrine 5401 42-24H, Todd, 50 stages; 10.1 million lbs; mesh/large/ceramic, a huge well; on the south side of the tracks on the south side of Williston; t10/17; cum 471K 2/20; 

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	7196	7196	9174	15570	9633	5299
BAKKEN	1-2020	31	8171	8171	10203	17445	13094	3669
BAKKEN	12-2019	31	8108	8108	9694	14605	12925	998
BAKKEN	11-2019	28	7421	7460	9376	13236	10079	2541
BAKKEN	10-2019	31	10037	10863	11768	18910	16589	1639
BAKKEN	9-2019	30	9160	9160	10745	14889	12681	1548
BAKKEN	8-2019	31	10560	9811	12339	14989	7506	6801
BAKKEN	7-2019	31	10631	10515	13917	13161	0	12479
BAKKEN	6-2019	20	3919	3919	5877	5296	2983	1939
BAKKEN	5-2019	31	10728	10728	13256	19928	17086	2160
BAKKEN	4-2019	30	11931	11931	14608	23092	21068	1364
BAKKEN	3-2019	31	13333	13369	15593	21957	19591	2366
BAKKEN	2-2019	27	12658	12658	14387	18206	17076	536
BAKKEN	1-2019	31	17256	17256	18918	28282	24524	3076
BAKKEN	12-2018	31	21873	21873	21273	32786	29081	3023
BAKKEN	11-2018	27	17963	18240	17788	17534	12346	4594
BAKKEN	10-2018	31	19010	18733	19778	18861	16944	1235
BAKKEN	9-2018	30	18778	18991	21203	18434	15611	2163
BAKKEN	8-2018	31	22481	22290	25144	21340	18524	2134
BAKKEN	7-2018	30	20375	20354	24220	18611	10853	7098
BAKKEN	6-2018	30	19926	19919	23670	18181	16248	1273
BAKKEN	5-2018	29	19974	19980	24184	17882	14935	2309
BAKKEN	4-2018	23	12789	12789	17240	11632	8760	2366
BAKKEN	3-2018	31	19394	19394	25606	17472	13510	3280
BAKKEN	2-2018	28	20678	20678	26351	15447	14831	0
BAKKEN	1-2018	31	25594	25632	32077	21048	16744	3622
BAKKEN	12-2017	31	31753	31754	42032	26817	21610	4525
BAKKEN	11-2017	30	39387	39426	50165	30606	25221	4725
BAKKEN	10-2017	20	20069	19955	25008	15432	10907	4085

The CLR Tarentaise Wells Have Been Updated -- Huge Wells -- April 6, 2020

Link here.

The Enerplus "Cat" Wells Are Monster Wells -- April 6, 2020

The Enerplus "Cat" wells have been updated; are tracked here. Huge wells.

Another Petro-Hunt Well In The Charlson That Looks To Be A Monster Well -- Still SI/NC -- April 6, 2020

The well:

• 31492, SI/NC, Petro-Hunt, USA 153-95-1A-7-5H, 33-053-07045, Charlson, producing nicely; t--; cum 70K in less than three months; fracked 8/11/19 - 8/19/19; a big frack at 12.5 million gallons of water; water 91.8% water by mass;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	27815	27748	17317	54250	30543	23707
BAKKEN	1-2020	29	31795	31751	23453	74220	0	74220
BAKKEN	12-2019	10	10032	9602	2109	9961	0	9961

Another Monster Bakken Well -- Will Exceed 500K Bbls Crude Oil Cumulative In Less Than Two Years -- April 6, 2020

Somehow I missed this one. Another great Petro-Hunt well in the Charlson oil field.

The well:

• 33813, 1,595, Petro-Hunt, USA 153-95-23D-14-2H, 43 stages; 5.4 million lbs; Charlson, t7/18; cum 489K 2/20; 

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	12252	12119	3380	55270	54633	435
BAKKEN	1-2020	31	13654	13701	3906	58803	57608	979
BAKKEN	12-2019	31	15096	15208	3945	59870	59489	165
BAKKEN	11-2019	30	17152	17085	4198	58495	57448	852
BAKKEN	10-2019	31	16231	16197	3570	38816	36653	2052
BAKKEN	9-2019	30	18397	18371	4383	61000	46348	14652
BAKKEN	8-2019	31	25451	25416	6661	93018	53715	39303
BAKKEN	7-2019	31	24551	24573	5122	62536	57672	4864
BAKKEN	6-2019	30	25309	25242	4604	57282	48136	9146
BAKKEN	5-2019	31	27714	27787	5038	56212	55746	466
BAKKEN	4-2019	30	28699	28749	4598	52472	51249	1223
BAKKEN	3-2019	31	29983	29966	4667	52196	51663	380
BAKKEN	2-2019	28	28124	28018	4264	47288	46938	155
BAKKEN	1-2019	31	33153	33190	5232	57038	52689	4133
BAKKEN	12-2018	31	26696	26762	4359	44307	37393	6698
BAKKEN	11-2018	30	25676	26351	4163	44755	19993	24553
BAKKEN	10-2018	31	30703	30054	5145	47230	47221	9
BAKKEN	9-2018	29	28181	28298	4655	41692	41666	26
BAKKEN	8-2018	31	32262	32518	5261	48437	48423	14
BAKKEN	7-2018	25	29908	29100	6384	42443	35007	7436
BAKKEN	6-2018	0	0	0	0	0	0	0

Keystone XL Pipeline Work To Begin In Montana -- April 6, 2020

AP link here: work starts in Montana on Keystone XL pipeline. For the archives. Milestones tracked here.

Later: a reader noted that the AP story did not include a map of the proposed route for the Keystone XL. The reader provided a map of that portion of Montana through with the pipeline will run, along with markers for pumping stations and other essential landmarks. I have not fact-checked the accuracy of this map.

So What Really Happened? -- April 6, 2020

Elevator speech for each mass extinction. Ranked in order of severity; in parentheses, chronological order):

Number five, end-Devovian (2, second oldest):

Overall, 19% of all families and 50% of all genera became extinct. A second, distinct mass extinction, the Hangenberg event, closed the Devonian period.

By the Late Devonian, the land had been colonized by plants and insects. In the oceans were massive reefs built by corals and stromatoporoids.

Number four, end-Ordovician (1, oldest):

Generally attributed to two factors: the first wave of extinction may be related to rapid cooling at the end of the Ordovician Period, and the second phase is widely regarded as having been caused by the sea-level fall associated with the glaciation.

All of the major animal groups of the Ordovician oceans survived, includign trilobites, brachiopods, corals, crinoids and graptolites, but each lost important members. Widespread families of trilobites disappeared and graptolites came close to total extinction.

Number three, end-Triassic (4, dare we say penultimate?)

This was a biggie; it resulted in the demise of some 76 percent of all marine and terrestrial species and about 20 percent of all taxonomic families.

On land, all archosaurs other than crocodylomorphs and Avemetatarsalia (pterosaurs and dinosaurs), some remaining therapsids, and many of the large amphibians became extinct.

Statistical analysis of marine losses at this time suggests that the decrease in diversity was caused more by a decrease in speciation than by an increase in extinctions.[5] 

Number two, end-Cretaceous (5, most recent, hopefully the last)

Perhaps the most famous, for many reasons; K–T extinction, abbreviation of Cretaceous–Tertiary extinction, also called K–Pg extinction or Cretaceous–Paleogene extinction, a global extinction event responsible for eliminating approximately 80 percent of all species of animals at or very close to the boundary between the Cretaceous and Paleogene periods, about 66 million years ago.

Most amazing:With the exception of some ectothermic species such as the leatherback sea turtle and crocodiles, no tetrapods weighing more than 25 kilograms (55 pounds) survived. It marked the end of the Cretaceous period, and with it the end of the entire Mesozoic Era, opening the Cenozoic Era that continues today.

The mother of all mass extinctions, number 1, end-Permian, 3, smack-dab in the middle of the five):

It was so bad, it was the only mass extinction of insects. It is the Earth's most severe known extinction event, with up to 96% of all marine species and 70% of terrestrial vertebrate species becoming extinct. Some 57% of all biological families and 83% of all genera became extinct.

ND 2020 Permits -- Where We Stand -- April 6, 2020

Note: in a long note like this there will be content and typographical errors. If this is important to you, go to the source. 

As of April 6, 2020:

• 201 oil and gas permits for calendar year 2020
• 97 days in 2020 as of April 6
• on track for 758 permits for calendar year 2020

Past years, total number of oil and gas permits:

• 2019, 1,397
• 2018: 1,466
• 2017: 1,189
• 2016: 818
• 2015: 2,055
• 2014: 3,012
• 2013: 2,671
• 2012: 2,522
• 2011:1,916 

Fields, number of permits so far this year:

• Alger: 3
• Alkali Creek: 2
• Antelope: 2
• Bailey: 1
• Bar Butte :1
• Beaver Lodge: 10
• Big Bend: 8
• Big Gulch: 2
• Bully: 2
• Cedar Coulee: 21
• Dollar Joe: 5
• Eagle Nest: 6
• East Fork: 6
• East Tioga: 18
• Elidah: 5
• Enget Lake: 2
• Hofflund: 1
• Jim Creek: 4
• Killdeer: 3
• Little Knife: 7
• Lone Butte: 4
• Lone Tree Lake: 2
• Long Creek: 2
• Mandaree: 6
• Manitou: 4
• Moccasin Creek: 1
• Murphy Creek: 5
• North Branch: 1
• North Folk: 5
• Northwest McGregor: 1
• Oliver: 9
• Phelps Bay: 7
• Pronghorn: 2
• Reunion Bay: 3
• Sand Creek: 5
• Sanish: 12
• Siverston: 2
• Spotted Horn: 5
• Squaw Creek: 3
• Stockyard Creek: 5
• Stoneview: 3
• Strandahl: 1
• Tioga: 2
• Wildcat: 1

Operator, number of permits so far this year:

• BR: 5
• Bruin: 1
• CLR: 38
• Enerplus: 2
• EOG: 1
• Hess: 19
• KODA: 2
• Kraken: 18
• Liberty Resources: 3
• MinnKota Power Coop:1
• MRO: 12
• Oasis: 5
• Petro-Hunt: 30
• Sinclair: 7
• Slawson: 8
• True Oil: 1
• Whiting: 14
• WPX: 20
• XTO: 8
• Zavanna: 6

Link here for the following two graphics:

Producing wells:

• total number of producing wells in North Dakota at end of 1/20: 15,602 producing wells.
• total number of producing Bakken wells in North Dakota at end of 1/20: 13,480 producing Bakken wells.

Number of wells off-line for operational reasons, the end of 1/20, link here:

• DUCs: 1,024 (up 66 from the 958 in December)
• inactive well count: 2,608 (up 687 from 1,920 in December -- a huge increase)
• totals, wells off line for operational reasons: 3,631 -- up significantly month-over-month -- an increase of 753 or up an astounding 26% from the previous month;
• this sets a new record of the the number of wells off line for operational reasons; the previous record was September, 2019, (3,020)

Number Of Active Rigs In ND Drop To 39; Petro-Hunt With Three New Permits -- April 6, 2020

Active rigs:

$26.08	4/6/2020	04/06/2019	04/06/2018	04/06/2017	04/06/2016
Active Rigs	39	62	57	49	28

Three new permits, #37496 - #37498, inclusive:

• Operator: Petro-Hunt
• Field: East Tioga (Burke County)
• Comments: 
• Petro-Hunt has permits for a State 3-well pad in East Tioga, SESE 24-159-94
• this is "Tier 2" at best, and probably "Tier 3"
• one producing well in this drilling unit
• 29385, 387, Petro-Hunt, State 159-94-25B-36-1H, Three Forks, 37 stages, 6.1 million lbs; East Tioga, t4/15; cum 166K 2/20;
• permit was for middle Bakken;
• September, 2014, request for change in target to Three Forks;

Notes From All Over -- The Screenshot Edition -- April 6, 2020

Twitter analysts: it's hard for me to believe that the professional "oil analysts" over at twitter have not seen what's going on. See below. 

Saudi surge. Almost all this "new" oil, I assume, simply came out of storage. Saudi had to remove oil from their onshore storage tanks to off-shore VLCC. They simply had to do something with the excess amount of oil coming on the market even without new production.

This is why there is a glut of oil; it has little to do with the Saudi surge.

Americans are lovin' it. If Saudi Arabia wants to give away their lifeblood, Americans will gladly take it.

*************************************

The Gothic Page

Wow, wow, wow. I read well into the middle of the night. I completely missed the "Gothic female" angle while reading Wuthering Heights. It will be interesting to see if the Annotated Wuthering Heights mentions the phrase "Gothic female." I don't recall seeing that phrase the first time reading the book; I'll look again for it.

I'll provide some links later. Time to go pick up Sophia.

*******************************

Liberace

One of the highlights of my long life was seeing Liberace play Tchaikovsky's piano concerto #1 in B-flat minor in Las Vegas, probably about 1978. From wiki:

At the height of his fame, from the 1950s to the 1970s, Liberace was the highest-paid entertainer in the world, with established concert residencies in Las Vegas, and an international touring schedule.

Liberace embraced a lifestyle of flamboyant excess both on and off stage, acquiring the nickname "Mr. Showmanship."

Busy, Busy Monday -- Two Wells Coming Off Confidential List But SOOO Much More -- April 6, 2020

First things first: that NASCAR race last night might have been fake, but the consequences were real. Wow. Amazing. Who would have thought. Stories/links everywhere. Here's one. We'll come back to this later.

Focus on Fracking: blog by "rjs." Correct me if I'm wrong but this seems to be one of the longest blogs ever at "Focus on Fracking." Link here. A lot of good stuff there. Recommend scrolling through very quickly to see the "headline" stories and then going back to those that interest. Two very nice graphics on break-even prices in the various US shale plays. I will come back to "Focus on Fracking" later.

Why Californians are getting reamed at the pump: I'm not sure there is anything new here, but it's nice someone posted this -- "Watts Up With That." Link here.

The next grand minimum: I missed this until last night. Wow. I hope the site doesn't come down. I learned more about solar cycles at that blog than anywhere else. Link here.

Canadian dollar: hanging in there at just above 70 cents US.

Wuhan flu: same ol', same ol." Governor Cuomo appears to be losing it. Literally and figuratively.

Apple: donating over 20 million masks to healthcare professionals. 

**********************************

Back to the Bakken

Active rigs:

$26.98	4/6/2020	04/06/2019	04/06/2018	04/06/2017	04/06/2016
Active Rigs	44	62	57	49	28

Only wells coming off confidential list this weekend, Monday --  

Monday, April 6, 2020: 5 for the month; 5 for the quarter, 260 for the year:

• None.

Sunday, April 5, 2020: 5 for the month; 5 for the quarter, 260 for the year:

• 36263, drl, WPX, Rubia 24-13HD, Mandaree, t--; cum 60K in 27 days; see this post;
  

Saturday, April 4, 2020: 4 for the month; 4 for the quarter, 259 for the year:

• 36262, drl, WPX, Rubia 24-13HZ, Mandaree, t--; cum 56K in 27 days; see this post;

RBN Energy: understanding how COVID-19 turns energy fundamentals upside down.

Energy markets are changing faster than at any time in history. It’s hard enough just to keep up with what’s happening today, much less try to anticipate what’s ahead on the other side of COVID. But that’s exactly what we’ll be doing next week at RBN’s Virtual School of Energy. More than one-third of the curriculum is a detailed review of RBN’s hot-off-the-presses forecasts for all the essential elements of U.S. crude oil, natural gas and NGL markets, including our freshly updated outlooks for production, infrastructure utilization, exports/imports and demand. Better yet, we’ll put these forecasts in the context of our fundamental analysis and models, so you can not only understand where it looks like we’re headed today, but gain the skills to adjust your outlook on the fly as circumstances change. Although this blog is an advertorial, stick with us if you would like to know more about how the RBN crystal ball works.

In the blink of an eye, global demand for crude oil has fallen by 20-25%, with knock-on effects on natural gas and NGL markets. Commodity prices are down sharply. And flows through all manner of energy infrastructure are soon to be slashed, including gathering systems, processing plants, pipelines, fractionators, refineries and export docks. Just a few weeks ago, energy markets were all about supply — too much of it in the U.S., which needed exports to balance the market. Now, it’s all about demand — nowhere near enough of it, and no clear indicator yet of how soon or how quickly it might rebound. That means that new and legacy infrastructure projects will be battling for throughput volumes. Some projects that were critical to the supply chain as recently as January and February are on their way to becoming redundant.