Monday, January 24, 2022

An Old Hess Well In Banks Oil Field Shows Small Jump In Production -- January 24, 2022

Note: I did this relatively quickly and there may be more content / typographical errors than usual. 

The Bakken never ceases to amaze me. 

I was updating the Hess "SC-4WX-153-98-3130" in Banks oil field when I noticed some subtle changes in the production profiles over the past few months. 

Going to the map, I was unable to find any explanation for the change in production profiles, specifically no new wells and no new completions, at least that was easily noticeable. 

But I was curious. If one finds small production changes in new wells, one might find significant changes in older wells. 

Fortunately, there was an old well in the area of interest.

The well:

  • 20222, 873, Hess, 3WX 3-1H, Banks, t9/12; cum 303K 11/21;

Full production is posted here

Here is the months of interest:

BAKKEN1-20213148754742462085827610662
BAKKEN12-20203139454137330168185885623
BAKKEN11-20202029602820226744044098113
BAKKEN10-2020284012417434036637629075
BAKKEN9-202029561953535228893050513589
BAKKEN8-20200000000
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-20204531952641035
BAKKEN2-2020111362361521547148
BAKKEN1-20206877709101124211891
BAKKEN12-20191000000
BAKKEN11-201962054854422913884
BAKKEN10-2019118861173699121801116
BAKKEN9-2019111220891331160401513
BAKKEN8-20195680049040
BAKKEN7-20194920055052
BAKKEN6-201927100262041
BAKKEN5-20193171396463821668
BAKKEN4-2019258127955723326627
BAKKEN3-201915269924111901250982
BAKKEN2-201929046611000
BAKKEN1-20192739423787300851384404486
BAKKEN12-2018925012343178130912604397
BAKKEN11-20180000000
BAKKEN10-20180000000
BAKKEN9-2018349221381321034
BAKKEN8-20183112551381529300516731023
BAKKEN7-2018311206116026327342034403
BAKKEN6-2018301126111250130752361435
BAKKEN5-2018311376138058144103630484

This well was producing about 1300 bbls/month back in mid-2018. Then it's very noticeable, the volatility in production, but finally in September, 2020, we saw the jump in production, and the well was back to steady performance. 

No obvious explanation from the map. Time to check the file report: nothing. I have no idea. Either a work-over on this well, or some work on one of the neighboring wells.

There was a lot of activity in the neighboring wells (fracking) back in 2020 but that wouldn't explain the jump in production in this well in 2019.

Maybe a reader knows. 

But the bottom line for me is that mom-and-pop mineral owners never know what surprises might show up in their next month's royalty checks. 

Twenty years from now they're going to say "we under-estimated the Bakken." LOL.

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