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Friday, January 1, 2021

A Petro-Shale USA Well In The Charlson Oil Field Has Just Gone Over One Million Bbls Crude Oil Cumulative -- January 1, 2021

Again, another "story" to tell in the Bakken.

This page will not be updated. This well is tracked elsewhere. Or maybe it isn't. I really don't know. I will sort it out later. 

But this is a good example of an operator managing its assets in the Bakken.

The Charlson oil field is a very, very good field, but it doesn't get much attention. There is generally very little activity in this field but when there is activity, there is generally a very good story.

The field is "owned" by a company that is not on the radar scope of most folks: Petro-Hunt.

So, we have a field with little activity, "owned" by a company not followed by a lot of folks, but an operator that has great results in this field.

Example: this well recently went over one million bbls crude oil cumulative production. Full production profile will be posted elsewhere. 

The well:

  • October 12, 2014: 20342, 1,430, Petro-Hunt, USA 153-95-4B-9-1H, t11/11; cum 900K 10/18; cum 1.140061 million bbls 10/20; went IA 1/14; still inactive as of 6/14; back on line and tracked here; according to NDIC this well has never been re-fracked since the 2011 frack; that is confirmed by FracFocus; recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN10-2020316596645630251341095963600
BAKKEN9-20203093999720442018833142114413
BAKKEN8-2020319986996640781602615680130
BAKKEN7-202031115441182946481808617713157
BAKKEN6-202030111131017940331658715862516
BAKKEN5-202043605832018
BAKKEN4-20202165667256208514043139011
BAKKEN3-20203195519312370823231219041111
BAKKEN2-202029849986433682319521692314827
BAKKEN1-20203195799854439828484028268
BAKKEN12-2019311014610178479827714027498
BAKKEN11-201930100629623481722838022629
BAKKEN10-2019311074311416471015067371011141
BAKKEN9-20192686448320388620130163418323
BAKKEN8-2019311157711301503323712135969900
BAKKEN7-2019311143411359500621022145076299
BAKKEN6-2019301079710920473021030525015571
BAKKEN5-2019291140511302521021183114189563
BAKKEN4-2019301351713749546020857132937356
BAKKEN3-2019311548715662574223353194283709

Look at these monthly production statistics, and remember, this well was drilled back in 2011. This well, drilled back in 2011, is producing as much oil in one month that some Bakken wells produce in their first months of production.

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