A Closer Look At The Whiting Satterthwaite Wells Coming Off The Confidential List -- October 10, 2021

Note: in a long note like this, there will be content and typographical errors. I will correct them as I find them. 

Okay, this might take awhile, and it really gets deep into the weeds, so if you want to skip this one, go ahead and move on. But I had a lot of fun sorting this one out. 

The following Whiting well will come off the confidential list this week. Because it's still on the confidential list, I don't know where the horizontal leg will run. Obviously it's sister well on the same pad will also be coming off the confidential list soon.

But I figured it out -- where the horizontal legs will run.

First, look at the location and siting of these two wells, #36916 and #36917. They are sited north/south of each other suggesting the laterals will run west/east but when looking at the map it was hard to make sense out of it.

Graphic:

The well:

• 36916, conf, Whiting, Satterthwaite 14-35TFHU, Robinson Lake, early production:

Date	Oil Runs	MCF Sold
8-2021	24837	11450
7-2021	6170	3315
5-2021	64	0
4-2021	6243	0

So, this was the problem. The scout ticket says they are "Robinson Lake" wells. Note the graphic: the Robinson Lake in the immediate area -- the wells run north / south, and right across the field line, those wells in the Sanish run in a westerly / easterly direction.

So, it would make sense that the two new Satterthwaite wells would run west / east also, but in the Robinson Lake? That doesn't make sense. First of all, Whiting is not going to run these horizontals across all those other north/south horizontals, and if they go south, they go into the Sanish oil field, not the Robinson Lake. In addition, Whiting doesn't "own" that particular area in the Robinson Lake. Another operator "owns" that area.

I made it more difficult than it needed to be. The two wells will be section line wells (2560-acre spacing) running along the Robinson Lake side of the Robinson Lake / Sanish field line, or along the same section line, on the Sanish side of the line.

But two wells? Yup. One is a middle Bakken well and the other, the one coming off the confidential list this week is a Three Forks well. It all fits.

Now, to confirm it. 

First, the names of the wells: Satterthwaite. It turns out there is an existing (very old) Satterthwaite well in the immediate area:

• 19005, 1,289, Whiting, Satterthwaite 43-1H, Sanish, t2/11; cum 243K 9/21;

Now, it gets very interesting. 

If in fact, I'm correct (and I am, LOL), then if Whiting has fracked these two new Satterthwaite wells, then perhaps the older, actively producing wells in the area might show an increase in production (halo effect) or might be off line. 

So, let's check:

Recent production of that older #19005, Satterthwaite well:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2021	21	1238	1225	3345	561	284	277
BAKKEN	7-2021	15	838	786	4579	471	387	84
BAKKEN	6-2021	17	2790	2776	9041	2665	2497	168
BAKKEN	5-2021	29	9831	9826	17962	9487	9487	0
BAKKEN	4-2021	5	976	797	4352	847	560	287
BAKKEN	3-2021	4	86	169	68	106	63	36
BAKKEN	2-2021	28	676	657	533	603	547	0
BAKKEN	1-2021	31	769	1019	393	1037	966	9

Now for the other two wells in the immediate area and which will parallel the new Satterthwaite wells if I'm correct (and I am, LOL).

Look at the huge jump in production in the first well:

• 22463, 1,119, Whiting, S-Bar 21-2H, Sanish, t7/12; cum 189K 8/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2021	9	3047	3152	4598	2654	770	1884
BAKKEN	7-2021	31	12470	12355	20998	12034	3420	8614
BAKKEN	6-2021	17	5852	5828	13178	5870	3568	2302
BAKKEN	5-2021	2	40	273	7170	61	42	19
BAKKEN	4-2021	9	683	447	304	10	0	10
BAKKEN	3-2021	2	17	25	2	2	0	2
BAKKEN	2-2021	17	350	359	283	584	0	551
BAKKEN	1-2021	31	926	1179	686	1574	0	1512

Now, note the second well, which will also parallel the new Satterthwaite wells. This one is inactive / offline suggesting that a neighboring well has been recently fracked. Voila!!

• 22464, IA/599, Whiting, S-Bar 21-2TFH, Sanish, t7/12; cum 120K 8/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2021	0	0	0	0	0	0	0
BAKKEN	7-2021	0	0	1	0	0	0	0
BAKKEN	6-2021	16	198	197	126	175	106	69
BAKKEN	5-2021	1	0	4	12	0	0	0
BAKKEN	4-2021	1	11	7	0	0	0	0
BAKKEN	3-2021	2	14	21	2	1	0	1
BAKKEN	2-2021	20	303	306	224	273	0	234
BAKKEN	1-2021	31	671	862	443	576	0	514

So, there it is, based on siting, names, which operator controls which existing wells, direction of existing horizontal walls, status of producing wells in the immediate area, and the halo effect, we know that the two new Satterthwaite wells coming off confidential list this next week are section line wells running along the Robinson Lake / Sanish field line. 

Ta da. 

Graphic: the likely location of the horizontal laterals of the new Satterthwaite wells. It's possible the laterals will actually be north of the Robinson Lake / Sanish oil field line.