To see record IPs in the Bakken, link here.
This page will not be updated.
The MRO "Chauncey-Winona" pad is tracked here.
These are the wells; production data is updated here, and wells not previously reporting production are now reporting production:
The wells:
- 37089, drl-->drl/NC, MRO, Jonah USA ... 2H, first production, 1/21; t--; cum 105K 2/21; see below;
- 36221, drl-->drl/NC, MRO, Daniel USA ... 2TFH-2B, first production, 1/21; t--; cum 122K 2/21; see below;
- 36222, drl-->conf, MRO, Morsette USA ... 2H, first production, 1/21; t--; cum 100K 2/21; see below;
- 36223, drl-->conf, MRO, Sherman USA ... 2TFH, first production, 12/20; t--; cum 130K 2/21; see below;
- 36224, drl-->conf, MRO, Valarie USA ... 2H, first production, 12/20; t--; cum 120K 2/21; see below;
- 33412, 6,509, MRO, Winona USA 21-2TFH-2B, t4/18; cum 596K 2/21; Three Forks B2; 45 stages; 10 million lbs, 73,742 bbls + 100,353 mcf (16,722 boe) = 90,465 bod in less than four months; off line 3/20; back on line 8/20; nice return to production;
- 33413, 8,475, MRO, Chauncey USA 31-2H, Antelope-Sanish, t3/18; cum 479K 2/21; back on line 8/20; production okay; off line 11/20; remains off line 1/21; back on line 2/21;
- 33414, 5,524, MRO, Wilbur USA 31-2TFH, Antelope-Sanish, t4/18; cum 429K 2/21; did not come off line; early on, but now it's off line as of 11/20; remains off line 1/21; back on line 2/21;
- 33415, 7,572, MRO, June USA 31-2H, Antelope-Sanish, t3/18; cum 566K 2/21; did not come off line early on, but now it's off line as of 11/20; remains off line 1/21; back on line 2/21;
- 33416, 4,892, MRO, Miles USA 41-2TFH-2B, Antelope-Sanish, t4/18; cum 365K 2/21; did not come off line early on, but now its off line as of 11/20; and remains off line 1/21; back on line 2/21;
36224,
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 1-2021 | 57971 | 52016 |
| 12-2020 | 34354 | 21900 |
36223,
| Date | Oil Runs | MCF Sold |
|---|---|---|
| 1-2021 | 57891 | 58189 |
| 12-2020 | 27599 | 17679 |
36222, 58,629 bbls over 18 days extrapolates to 97,607 bbls over 30 days:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| SANISH | 1-2021 | 18 | 58564 | 58056 | 27015 | 64958 | 46567 | 18262 |
| SANISH | 12-2020 | 4 | 65 | 64 | 136 | 164 | 0 | 160 |
36221, 84,005 bbls over 25 days extrapolates to 100,806 bbls over 30 days:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| SANISH | 1-2021 | 25 | 84005 | 83278 | 50812 | 121157 | 91845 | 29058 |
| SANISH | 12-2020 | 2 | 188 | 184 | 426 | 1195 | 0 | 1185 |
37089, 52,960 bbls over 17 days extrapolates to 93,459 bbls over 30 days:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| SANISH | 2-2021 | 27 | 52306 | 52147 | 22546 | 71870 | 68076 | 3624 |
| SANISH | 1-2021 | 17 | 52960 | 52503 | 18639 | 48605 | 40526 | 7967 |
| SANISH | 12-2020 | 5 | 175 | 171 | 193 | 726 | 0 | 716 |
This explains the 11% gain on Thursday, which is about 3 times normal.
ReplyDeleteThe MRO wells in the Bakken are simply amazing. Not sure if they are making any money -- LOL -- but they certainly have the Bakken figured out.
DeleteI've updated the production data:
Deletehttps://themilliondollarway.blogspot.com/2019/04/still-waiting-for-next-usgs-survey-of.html.
Mr Oksol, very gladd to see you still operating your very important website!
ReplyDeleteYear after year of the most detailed information on the Bakken play. By the way, the Williston Herald has also excellent coverage of the North Dakota Oil and Gas Industry.
My previous comment referred to MRO stock gain, however, my observation is a month in arrears. Nevertheless, the stock did gain about 13% in three days of trading, following your thread of March 3.
If Marathon Oil can not go positive free cash flow with $60 p/b goo, they should sell their holdings to the highest bidder.
Hear is a wonderful article about the Bakken Play, if one needs a chuckle or two.
https://www.desmogblog.com/2020/08/08/bakken-fracking-oil-boom-bust-hess-cleanup
That's pretty funny about "desmog." If one didn't know better one would think "DeSmog" is the face and voice of the Bakken, the official site of the Bakken. When one googles / Go Duck Go for Bakken oil, "DeSmog" can take the first fifty hits. Powerful entities and deep pockets must be funding "DeSmog." I assume of lot of their "news articles" and "press releases" find their way to "legitimate" web sites.
DeleteThank you for your kind words, as always. MRO remains a fascinating, fascinating operator in the Bakken.
Mr Oksol, I use quack/quack go and in the first page I found not linkies to "DeSmog." https://duckduckgo.com/?t=lm&q=bakken+oil&ia=web
ReplyDeleteI did find a negative piece on Forbes, which is now a longtime failing business magazine.
Regarding the "Desmog" link, which focus mainly on enviro issues, they did quote this rather interesting statement from Wood/MacKenzie:
"In June, oil and gas industry analysts at Wood MacKenzie highlighted this discrepancy in remaining core acreage between the Permian and the Bakken. According to Wood MacKenzie, the top quarter of remaining oil well inventory in the Permian would result in over 8,000 new wells. For the Bakken, however, the analysts put that number at 333 wells."
What is meant by "remaining oil well inventory?" It seems to suggest that there are no more drilling site available in the Bakken Play. If so, I am very disappointed by the annalist, unless it is wells waiting completion.
- Hans Nieder
It all depends on the price of oil. If WTI trends toward $100-oil, there will be another boom in the Bakken. If this Wood MacKenzie study was based on $20 oil, their analysis might not be far off.
DeleteIt will be fascinating to watch this play out.