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Monday, August 15, 2022

Five New Permits; Three DUCs Reported As Completed; Nat Gas Prices Moving Again -- August 15, 2022

Weber: link here.


XTO: West Capa. A reader noted that CLR drilling in another "XTO-drilling unit." I guess we'll need to "tag" these posts; XTO_Divest_2022. In this case, the drilling units:

  • drilling unit:
    • XTO parent well: #18894 (Woodrow)
    • CLR daughter well: #39085
  • drilling unit, to the west:
    • XTO parent well: Christiana, #20062
      CLR "Roxy": #38938

Not enough land:

  • The link has long been lost / broken, but XOM provided a very, very excellent analysis about ten years ago when I first started blogging, saying the very same thing: link here

Permian: on track for record September production: link here

EIA dashboards:

***************************
Back to the Bakken

WTI: $88.42. Big pullback today. Nothing to really explain the pullback.

Natural gas: $8.820. Natural gas appears to be starting to "move" again.

Active rigs: 47.

Five new permits, #39166 - #39170, inclusive:

  • Operator: WPX
  • Field: Big Bend (Mountrail)
  • Comments:
    • WPX has permits for five neew Pennington wells, SWSE 8-152-92; 
      • to be sited between 766 FSL and 837 FSL and between 2249 FEL and 2345 FEL

Three producing wells (DUCs) reported as completed:

  • 38577, 246, Slawson, Liightning Federal 4-24-13TFH,
  • 38578, 315, Slawson, Raiinmake Federal 8-25-36TFH,
  • 36675, 3,303, Grayson Mill (Equinor), Larsen 10-3 7HH, 

Name changes: it appears Petro-Hunt is changing nomenclature to better describe wells; perhaps it's always been doing this and I simply missed it, or simply forgot. It's been an exhausting two weeks. Two examples:

  • old:
    • Arsenal 7-17-20H
    • Arsenal 6-17-20H
  • new:
    • Arsenal Federal 149-102-17A-20-3H,
    • Arsenal Federal 149-102-17A-20-2H,

4 comments:

  1. I remember when you mentioned anyone who had a single well in a section would eventually have 10 or more.
    Section 24-152-93 is classic example. My family started with Skybolt-1 10 yrs ago and now Slawson has a total of 19 wells in that section. Some are drilled north and some south. But thats a lot of wells nonetheless.

    ReplyDelete
    Replies
    1. Thank you for that .... very much appreciated. And it's not over yet, though it may be awhile before they drill even more wells in these units that seem to have so many. Good for you and your family. I think it's absolutely wonderful.
      By the way, I need to post your note about working in Germany / health care. I get so far behind.

      Delete
  2. No worries there. Y'all just got home. At least unpack first.

    ReplyDelete
    Replies
    1. The "sleep deficit" is most interesting. It's as if I crossed several time zones.

      Delete

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