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Sunday, June 12, 2022

The CLR Gale Wells In Cedar Coulee -- A Huge Number Of Wells -- Have Been Updated -- June 12, 2022

Just to show you how remarkable the Bakken is, the well below was drilled back in 2012. Analysts would tell us that by now this would be the end of this well -- the end of its life -- the "dreaded Bakken decline" -- and here, ten years later a huge jump in production.

But note, that "first" month back into production, 11,336 bbls was over 19 days. That extrapolates to 18,000 bbls over 30 days and even more over 31 days. Wow. At $120 oil, that's $2.2 million at the wellhead in one month.

I could be wrong, but this is not generally seen in conventional wells, and the Hubbert Peak Oil theory would say it never happens

Disclaimer: I am inappropriately exuberant about the Bakken. I often misread things. All postings are done quickly and almost have content and typographical errors when first posted. I correct errors when I find them. This well -- #22434 -- is not indicative of all Bakken wells, but there certainly are a lot of such wells.

Link here.

The CLR Gale wells have been updated.

Two Gale wells that were off line last time we checked are now back on line.

One well has shown a significant jump in production:

  • 22434, 738, CLR, Gale 2-32H, Cedar Coulee, four sections, t12/12; cum 285K 1/21; offline 3/21; remains off line 9/21; cum 287K 3/21; back on line 11/21; cum 344K 4/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-202222900689547207925289950
BAKKEN3-20223014139140801204615141137940
BAKKEN2-2022152031608400
BAKKEN1-202230693670559229796776940
BAKKEN12-2021311492414868274281547014939112
BAKKEN11-20211911336110862089111118109280
BAKKEN10-20211007000
BAKKEN9-20211006000
BAKKEN8-20210000000
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-202113305100
BAKKEN4-202192252801032852030
BAKKEN3-20213113041352467152711080
BAKKEN2-20212891890428810486840
BAKKEN1-20213012761809495150911170
BAKKEN12-2020311399909540165912400

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