Saturday, January 29, 2022

Here We Go Again -- If We Didn't Have CLR, Would We Even Be Talking About The Bakken? January 29, 2022

Isn't it a hoot that a US federal judge vacated the largest -- repeat, the largest ever -- GoM federal lease? Whoo-hoo! Makes all this on-shore stuff that much more exciting. LOL.

As someone noted, that US federal judge assumes crude oil is "just there," like homogenized milk in your local grocery story. 

And here we go, another CLR well. Full production here.

The well:

  • 33027, 2,880, CLR, Hereford Federal 12-17H2, Elm Tree, t9/19; cum 317K 11/21;

So, a well less than three years old and now this, look at this jump in production:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021251416414198127831991518711880
BAKKEN10-2021282689270244422087520405123
BAKKEN9-2021303434347248452508324399296
BAKKEN8-2021314113408562002788627380101
BAKKEN7-2021314477464570892894427633912
BAKKEN6-202130487047707295312013079811
BAKKEN5-2021315620553577302771426830480
BAKKEN4-20213061566313829124429222651772

But just a few months earlier:

BAKKEN3-202131899289529813269042645840
BAKKEN2-202128939494528182192881890024
BAKKEN1-202131796581667264152711487290
BAKKEN12-20202158635018700
BAKKEN11-20203065826679884749273488890
BAKKEN10-202031810380779733535625306789
BAKKEN9-2020309370925511400463374592520
BAKKEN8-20203113501135821481146955465540
BAKKEN7-20203115412155451510131910302571265

Initial production:

BAKKEN4-20202792259178989137141371410
BAKKEN3-202031962095171144028710269441766
BAKKEN2-20202911524116081540933570310742496
BAKKEN1-20203118695185881811441831379483883
BAKKEN12-20193127709279092646645325389946331
BAKKEN11-201930351693523727595563343853717797
BAKKEN10-201930432084310234035692954316226133
BAKKEN9-201919348823431127227569673223724730

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