A Closer Look At The Two New MRO Bailey Oil Field Permits -- December 16, 2021

Disclaimer: in a long note like this, there will be content and typographical errors. Numbers may not add up because I often make simple arithmetic errors. 

From the daily activity report, December 16, 2021:

Two new permits, #38702 - #38704, inclusive:

• Operator: MRO
• Field: Bailey (Dunn County)
• Comments: 
• MRO has permits for a Claude well and a Vernon well, both in NENE 30-146-93, 
• to be sited 505 FNL and between 663 FEL and 703 FEL;

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MRO, Bailey Oil Field
And The Two Permits (see above)

The Bailey oil field is tracked here but has not been updated in a long time. It will be interesting to see the update. LOL.

Assuming the new wells, Claude and Vernon run south, there are already three active wells in that drilling unit:

• 17255, original well drilled in 2008, thirteen years ago; and re-fracked in 2017, four years ago:
  

• 465, MRO, Pelton 24-31H, t9/08;
• 1,799, MRO, Pelton-24-31H, t4/17; cum 562K 10/21;
• the well has produced 561,590 bbls of crude oil since it was first drilled; 
• before the re-frack the well had produced 179,311 bbls of crude oil (over a period of 103 months);
• after the re-frack the well produced 382,279 bbls of crude oil (over a period of 55 months)
• after the well was re-fracked, it produced about twice as much oil in half the time that it produced prior to the re-frack
  

BAKKEN	7-2017	31	25626	25591	25477	18929	1475	14540
BAKKEN	6-2017	24	18177	18187	19613	13250	3910	7265
BAKKEN	5-2017	31	23337	23366	28948	17072	10811	3582
BAKKEN	4-2017	7	8727	8599	215	6256	1976	3308
BAKKEN	3-2017	0	0	0	0	0	0	0
BAKKEN	2-2017	8	202	184	40	163	93	4
BAKKEN	1-2017	31	896	875	207	688	317	96
BAKKEN	12-2016	29	771	756	187	608	347	11
BAKKEN	11-2016	30	834	865	192	643	365	9
BAKKEN	10-2016	31	863	842	206	681	402	1

• 22332, 1,318, MRO, RH 34-31H, t9/12; cum 313K 10/21; 
• 22333, 1,086, MRO, RH 34-31TFH, t9/12; cum 210K 10/21;