Friday, March 25, 2022

Two Wells Coming Off Confidential List -- March 25, 2022

Active rigs:

$112
3/25/202203/25/202103/25/202003/25/201903/25/2018
Active Rigs3514506860

Friday, March 25, 2022: 40 for the month, 149 for the quarter, 149 for the year

  • 38297, conf, CLR, Rolf Federal 9-17H, Brooklyn, no production data,
  • 36890, conf, Petroshale, Lewis Federal 2MBH, Bear Den, producing.

RBN Energy: changes could help boost nascent bioethylene market, part 2.

Predictions about what the energy market and the global economy might look like in the future can feel a bit like stargazing — the closer something is, the clearer it appears. But if something is really far away, even the Hubble Space Telescope won’t bring it precisely into view, especially if it’s a still-developing solar system or a distant planet. That’s pretty much where things stand with bioethylene, which could become a shooting star but might also end up as a big cloud of dust. In today’s RBN blog, we discuss the developing market for bioethylene: where it’s being made, what changes might make it more economical to produce in the U.S., and its target markets.

**********************************
Petroshale -- Bear Den -- Lewis Federal

The well:

  • 36890, conf, Petroshale, Lewis Federal 2MBH, Bear Den, producing, see this post.
  • 4,623 bbls over five days extrapolates to 28K bbls crude oil over 30 days;
  • a short lateral, TD: 16,610 feet
  • frack: stimulated, 12/21; only 24 stages; 110K bbls (4.6 million gallons of water); 5.4 million lbs proppant;  
  • four wells on this pad;
  • all four will run directly east to west, see graphic below
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20225462345462805613506135
BAKKEN12-20216431642053440489204892

The graphic:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.