Oil Deals Of Note -- 2020

CVX - Noble Energy.

Devon - WPX.

Conoco - Concho.

Pioneer- Parsley. 

FANG - QEP.

Interim Report On An Old WPX Well In Squaw Creek -- Will We See The Halo Effect? January 2, 2021

The well:

• 20995, 227, WPX, Blue Buttes 3-21H, Squaw Creek, t3/12; cum 206K 11/20; see recent production below;
  

History:

• September 22, 2020: #20995; four new wells cut right across this old horizontal running at 90°; readers can decide if this well was affected by four new horizontals crossing this old well; wow, I love the Bakken.
  

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	4886	4983	4076	6264	3948	1074
BAKKEN	10-2020	31	3818	3791	2772	4894	9	3733
BAKKEN	9-2020	2	140	85	128	179	0	142
BAKKEN	8-2020	0	0	0	0	0	0	0
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	0	0	0	0	0	0	0
BAKKEN	3-2020	16	2164	2082	1805	2286	0	1727
BAKKEN	2-2020	0	0	0	0	0	0	0
BAKKEN	1-2020	1	0	0	0	0	0	0
BAKKEN	12-2019	0	0	0	0	0	0	0
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	0	0	0	0	0
BAKKEN	9-2019	10	390	281	290	412	0	246
BAKKEN	8-2019	28	1498	1447	680	2706	490	1526
BAKKEN	7-2019	28	1986	2037	833	3589	1	2758
BAKKEN	6-2019	15	360	364	301	652	0	390
BAKKEN	5-2019	31	856	855	259	1547	0	712
BAKKEN	4-2019	30	818	825	245	1479	0	672
BAKKEN	3-2019	31	860	869	253	1554	18	700
BAKKEN	2-2019	10	353	253	48	636	17	413

Interim Report On An Old WPX Thompson Well; Waiting To See If This Well Would Be Brought Back Into Production -- January 2, 2021

I think folks with much more information than I have can see what's going on in the Bakken. Here's another example. 

The well:

• 18111, 776, Petro-Hunt, Thompson 8D-4-4H, Charlson, t5/11; cum 621K11/20; appears to be coming back into production after being taken off line for 6.5 months;

History;

• September 29, 2020: 18111, Thompson wells, Petro-Hunt; huge jump; 462K 9/18; huge well, off line in 2020; will be interesting to see what it does if it comes back on line;

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	17	2288	1856	1997	2552	2153	275
BAKKEN	10-2020	0	0	0	102	0	0	0
BAKKEN	9-2020	0	0	0	0	0	0	0
BAKKEN	8-2020	0	0	0	0	5	0	5
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	22	2178	2668	249	2403	2258	0
BAKKEN	3-2020	31	4547	4609	782	9537	9326	0
BAKKEN	2-2020	29	6245	6214	802	11751	11289	260
BAKKEN	1-2020	31	6252	6394	1430	24186	21181	2789

Interim Update Of An Old WPX Well In Squaw Creek -- A 10-Fold Jump In Production -- January 2, 2021

Note the ten-fold jump in production. Again, another example of the Bakken potential and all the work yet to be done. Note this well was drilled in 2012 and by 5/20, it's production had dropped to 800 bbls/month. Then, a 10-fold jump in production, to 7,400 bbls over 25 days in 10/20. Under Hubbert's peak theory this is not supposed to happen.

The well:

• 21217, 686, WPX, Linseth 13-12HW, Squaw Creek, t9/12; cum 150K 11/20;

History:

• October 29, 2020: #21217, four wells will be fracked on either side of this well; a WPX, inside the reservations;

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	5	333	369	444	558	0	511
BAKKEN	10-2020	25	7431	7320	19397	12461	0	11542
BAKKEN	9-2020	0	0	0	0	0	0	0
BAKKEN	8-2020	0	0	0	0	0	0	0
BAKKEN	7-2020	21	462	579	272	775	0	593
BAKKEN	6-2020	30	722	715	380	1211	0	971
BAKKEN	5-2020	31	741	703	393	1244	0	1002
BAKKEN	4-2020	30	750	724	380	1258	0	1013
BAKKEN	3-2020	31	842	923	473	1412	0	1151
BAKKEN	2-2020	29	773	736	423	1296	0	1054
BAKKEN	1-2020	31	857	880	451	1436	0	1178
BAKKEN	12-2019	31	883	882	452	1479	0	1214

Wow! Murex Is Reporting Production Data On The Sophia Drake Re-Entry Well -- January 2, 2021

Wow, wow, wow! This makes my weekend (yes, I know; I need to get a life). I've been following these two wells, like forever. Finally, we have some data. Wow!

The wells:

• 36888, drl/NC, Murex, Sophia Drake 25-36H-R, Sanish, t--; cum 22K over 30 days; see production profile below;
• 36887, drl/NC, Murex, Amber Renee 25-36H-R, Sanish, t--; cum --;
  

History:

• December 3, 2020: #36887 (33-061-04580; Amber Renee 250-36H-R; Sanish) and #36888  (33-061-04581; Sophia Drake 25-36H-R; Sanish)-- update here;

************************
Production Profile

• 36887, 33-061-04580, no frack data at FracFocus, yet, as of January 2, 2021; no production data, yet;
  

• 36888, 33-061-04581, no frack data at FracFocus, yet, as of January 2, 2021:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	21568	21153	3861	13823	13823	0

An Old Slawson Hunter Well Updated -- January 2, 2021

An example of the Bakken potential and how much work there is yet to be done. See full production profile linked below. 

The well:

• 18575, 1,007, Slawson, Hunter 1-8-17H, Big Bend, t6/11; cum 628K 11/20; full production profile posted here;

History:

May 22, 2016: Slawson takes a huge Big Bend well off-line, #18575. Back on-line 5/16 but still needs more follow-up. January 5, 2016: this big well went off-line 11/15:

• 18575, 1,007, Slawson, Hunter 1-8-17H, Big Bend, t6/11; cum570K 3/19; off-line all of 11/15; only one day production 1/16; only one day production 2/16; IA as of 3/16; back on line as of 6/16; update here. Check a few more months and then remove from this page (look at the halo effect on one of the Hunter wells, #18575). Back on line 6/16 and turns out to be a great well.

An Abandoned Whiting Well Returns To Active List -- January 2, 2021

Well, this is interesting. This well had been on the AB list, but now shows back up as A:

• 20589, A/AB/IA/4,815, Whiting, Tarpon Federal 21-4H, said to have a 7,000 boepd IP; record middle Bakken (as of Feb, 2012); Twin Valley, 30 stages; 2 million lbs sand/mesh ; s8/11; t10/11; cum 631K 7/19; needs to be re-fracked; off line as of 7/19; finally returned to production, 11/20 with one day of production; whoo-hoo! Nothing in the sundry forms to indicate what's going on. See full production profile here.
  

****************************
The Movie Page

Lawrence of Arabia, on TCM. Wow, what a great way to spend a Saturday afternoon. Perhaps the best movie, of this genre, ever -- although Patton certainly competes well. There are so many incredible "scenes." Most amazing to watch: when Sir Lawrence changes from a moral man to an amoral man to a crazed man about halfway through the movie, I suppose. Amorality, of course, is relative in this movie.

An Old WPX Well Goes Over 700K Bbls Crude Oil Cumulative -- January 2, 2021

The well:

• 19768, 261, WPX, Arikara 15-22HC, Reunion Bay, Bakken, t12/11; cum 702K 11/20; F; re-fracked 1/18; recent production:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	3044	3043	943	6771	4590	941
BAKKEN	10-2020	31	3680	3673	1223	10548	5792	0
BAKKEN	9-2020	30	3834	3824	1883	9856	6696	0
BAKKEN	8-2020	31	4776	4829	2970	12108	6548	1017
BAKKEN	7-2020	17	2620	2546	973	6849	3060	1156
BAKKEN	6-2020	18	2012	2010	666	5540	3456	0
BAKKEN	5-2020	31	2206	2218	680	5380	2763	0
BAKKEN	4-2020	30	2488	2474	975	4631	1607	0
BAKKEN	3-2020	29	2457	2466	1023	4072	1181	190

After Being Off Line For Five Months, An Old SHD Well Comes Back Strong -- January 2, 2021

The well:

• 19296, 2,388, SHD Oil & Gas, Golden 22-31H, Deep Water Creek Bay, 62 stages, 15 million lbs sand, spacing ICO, F, t3/15; cum 794K 11/20; a singleton; still producing 5,000 bbls 11/19; only fourteen days, 4/20; remains off line 8/20; back on line for 5 days, 9/20; comes back strong, 10/20; recent production:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	6152	6269	8783	3280	3280	0
BAKKEN	10-2020	31	6114	5747	8910	2720	2617	103
BAKKEN	9-2020	5	860	709	1497	350	19	331
BAKKEN	8-2020	0	0	0	0	0	0	0
BAKKEN	7-2020	0	0	0	0	0	0	0
BAKKEN	6-2020	0	0	0	0	0	0	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	14	1822	1786	2410	1050	0	1050
BAKKEN	3-2020	27	3852	4037	6241	2732	0	2732
BAKKEN	2-2020	29	5427	5554	7085	3888	0	3888
BAKKEN	1-2020	27	3678	3493	4300	2706	0	2706

An Old WPX Well Goes Over 600K Bbls Crude Oil Cumulative -- January 2, 2021

The well:

• 19246, 1,425, WPX/Zenergy, Wells 32-29H/Dakota-3 Wells 32-29H, Reunion Bay, Bakken; t3/11; cum 607K 11/20; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	1179	1096	462	3483	3198	0
BAKKEN	10-2020	31	1322	1300	521	4159	3851	0
BAKKEN	9-2020	30	1315	1282	540	3636	3335	0
BAKKEN	8-2020	31	1649	1692	886	3668	3329	0
BAKKEN	7-2020	31	1694	1692	838	4214	3866	0
BAKKEN	6-2020	30	1409	1443	632	4552	4235	0
BAKKEN	5-2020	31	1486	1365	560	4579	4253	0
BAKKEN	4-2020	30	1539	1629	608	3758	3432	0
BAKKEN	3-2020	31	1592	1587	790	3471	3134	0
BAKKEN	2-2020	15	393	429	331	897	786	0
BAKKEN	1-2020	31	1070	1080	407	1826	1502	46
BAKKEN	12-2019	31	1314	1266	512	2571	1898	364

A Very Old Hess Well Goes Over 500K Bbls Crude Oil Cumulative -- January 2, 2021

The well:

• 18104, 1,113, Hess, BB-State a-151-95-1615H-1, Blue Buttes, t11/09; cum 501K 11/20; off line most of 4/19; remains off line 12/19; intermittent, small production 10/19; struggling? remains off line 1/20 -- now listed as IA; back on line as of 4/20; back on line 5/20; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	2912	2813	452	0	0	0
BAKKEN	10-2020	31	3157	3050	505	3974	3974	0
BAKKEN	9-2020	30	3151	3394	492	3935	3935	0
BAKKEN	8-2020	31	3755	3729	653	4537	4537	0
BAKKEN	7-2020	28	3316	3194	736	3400	3400	0
BAKKEN	6-2020	30	4621	4560	1012	5384	5384	0
BAKKEN	5-2020	23	3735	3784	818	3711	3711	0
BAKKEN	4-2020	6	1058	869	4	916	916	0
BAKKEN	3-2020	0	0	0	0	0	0	0
BAKKEN	2-2020	0	0	0	0	0	0	0
BAKKEN	1-2020	0	0	0	0	0	0	0
BAKKEN	12-2019	0	0	0	0	0	0	0
BAKKEN	11-2019	0	0	218	0	0	0	0
BAKKEN	10-2019	5	1099	874	23	1066	1066	0
BAKKEN	9-2019	0	0	0	0	0	0	0
BAKKEN	8-2019	0	0	0	0	0	0	0
BAKKEN	7-2019	0	0	0	0	0	0	0
BAKKEN	6-2019	0	0	0	0	0	0	0
BAKKEN	5-2019	1	45	0	1	11	11	0
BAKKEN	4-2019	2	70	396	22	148	148	0
BAKKEN	3-2019	28	2398	2376	277	4075	4075	0
BAKKEN	2-2019	14	880	878	149	1896	1896	0
BAKKEN	1-2019	31	2182	2323	355	4838	4838	0

A Very, Very Old Petro-Hunt Well With Huge Jump In Production -- January 2, 2021

The well:

• 16963, 423, Petro-Hunt, USA 35D-1-1H, Charlson, t12/08; cum 809K 11/20;off line as of 7/19; remains off line 1/20; back on line 3/20; see this post;

Recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2020	30	6593	6825	2285	8258	8049	0
BAKKEN	10-2020	31	7731	7679	2225	10034	9818	0
BAKKEN	9-2020	30	7169	7338	2687	8651	8442	0
BAKKEN	8-2020	2	414	0	93	335	233	97
BAKKEN	7-2020	1	101	0	0	124	124	0
BAKKEN	6-2020	1	103	0	0	107	107	0
BAKKEN	5-2020	0	0	0	0	0	0	0
BAKKEN	4-2020	27	4357	5061	193	5507	5319	0
BAKKEN	3-2020	22	6004	5365	2128	6486	6337	0
BAKKEN	2-2020	0	0	0	0	0	0	0
BAKKEN	1-2020	0	0	0	0	0	0	0
BAKKEN	12-2019	0	0	0	0	0	0	0
BAKKEN	11-2019	0	0	0	0	0	0	0
BAKKEN	10-2019	0	0	0	0	0	0	0
BAKKEN	9-2019	0	0	0	0	84	0	84
BAKKEN	8-2019	0	0	0	0	0	0	0
BAKKEN	7-2019	19	572	676	53	570	388	53
BAKKEN	6-2019	30	766	656	103	1324	1115	0

An Old, Old, Old Petro-Hunt Well Back On The Confidential List -- January 2, 2021

Monster wells are tracked here.

This page will not be updated. These wells are tracked elsewhere. 

Isn't this interesting. An old, old, old Petro-Hunt well is back on the confidential list. The well:

• 16059, 729, Petro-Hunt, USA 2D-3-1H, Charlson field, t10/06; cum 1.776024 million bbls 4/20; still producing 6,000 bbls/month, 11/19; update at this post; off line 5/20; remains off line 6/20; two days in 7/20; to be lengthened; confidential noted 11/20; 
  

Runs:

Date	Oil Runs	MCF Sold
11-2020	6309	7866
7-2020	174	0
4-2020	3722	3454
3-2020	6437	3014
2-2020	4875	0
1-2020	5270	0
12-2019	4832	0
11-2019	3813	0
10-2019	4759	0

Chinese Flu Watch -- January 2, 2021

All things being equal, there will be a short-term spike in the number of new cases reported and new deaths related to Covid-19 for the next few days.

Reporting agencies tend to report the data the day they received the data, not the day the event actually occurred. 

Johns Hopkins, until today (January 2, 2021), had not reported since December 30, 2020.

Meanwhile, in Israel:

EVs: An Op-Ed -- January 2, 2021

EVs, an op-ed; link here; for the archives;

• a great article; nothing new,
• this article will eventually be moved to a stand-alone post for the archives. It's that good.

Road tax: it would be smart for states and the federal government to tackle this issue sooner than later. Once a tipping point is reached, perhaps as early as 10% penetration, folks will not support extra fees or taxes on EVs for road construction / maintenance. The federal government won't act until it's too late; states would be smart to act now. Three revenue streams:

• initial road tax at time a new EV is bought;
• annual road tax at time automobiles are registered;
• road tax fee levied on EV manufacturer at public charging stations

Distribution transformers: 

Challenges for charging stations:

• at least 40% of Americans don't own their own homes
• apartment complexes
• cars that do not have overnight garage parking / park on public streets overnight
  

Footprint:

• charging station lots off interstate highways, federal highways, state highways and other major thoroughfares
• cars are parked for 30 minutes or so to re-charge vs five minutes or so for ICEs to re-fuel