Monday, February 7, 2022

An Equinor Well Drilled Almost Ten Years Ago Showed A Jump In Production -- September, 2021 -- Posted February 7, 2022

I could do this all night long, but at some point I have to call it quits. "They" say this isn't supposed to happen.

The Grayson Mill / Equinor Skarston wells are tracked here. When I last checked in on them, back in September, 2020, many of them were taken off line. 

They are now all back on line. I have not updated them. I will do that later. None of the wells are particularly notable since coming back on line, except this one:

  • 21664, 3,235, Grayson Mill / Equinor, Skarston 1-12 1H, Banks, t9/12; cum 365K 5/20; sporadic production lately suggesting activity, 3/19; remains off line 7/20; back on line 9/20; cum 393K 7/21; cum 418K 12/21;

Look at the huge jump in production, September, 2021

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2021131175128918811340116654
BAKKEN11-202130466348258780101029000291
BAKKEN10-20213136473640805888867676568
BAKKEN9-20213010508103691222625207203633048
BAKKEN8-202112487145904403106799091791
BAKKEN7-202186131274111629542298446
BAKKEN6-202130295023474098950176541154
BAKKEN5-20211011611073201131292454455
BAKKEN4-202192691077105655847932
BAKKEN3-2021313340293542071171155435416
BAKKEN2-20212623112089259967965658540
BAKKEN1-202131422842473025109219567461

More PNC Permits "Resurrected" -- February 7, 2022

I mentioned this over the weekend. Here's another example. Three of the four wells below at one time were PNC. Possibly all four; I might have missed the fourth one since I don't check them every day. Be that as it may, two of the four previously PNC wells are now actively producing. 

Years ago I opined it was strange that after all the time and money invested in obtaining a permit, operators would cancel them. I always wondered if they could be "resurrected." Obviously, they can. 

This is important because a lot of wells went PNC when prices crashed a few years ago. The vast majority of those wells, perhaps all of them, were in Tier 1 locations.

The wells:

  • 36583, loc/PNC, CLR, Pasadena Federal 10-11H1,
  • 36582, drl/drl--> conf, CLR, Pasadena Federal 13-11H, Banks, noted 7/21; nice production, first production, 9/21; t--; cum 90K 12/21;
  • 36581, PNC/drl (ros)--> conf, CLR, Pasadena Federal 13-11H1, Banks, noted 7/21; nice production, first production, 9/21; t--; cum 70K 12/21;
  • 36580, PNC/drl--> conf, CLR, Pasadena Federal 13-11HSL, Banks, noted 7/21; very nice production; first production, 9/21; t--; cum 120K 12/21;
The CLR Pasadena wells are tracked here.

Staggering Production Reported By Three MRO Wells -- February 7, 2022

Crescent Point; looking to sell some of its assets in Albert and Saskatchewan

  • USD400 million anticipated
  • 10,554 boepd
    • back-of-the-envelope: $38K / boepd
  • company has been eyeing sales of non-core assets since it took over Shell's Kaybob Duvernay assets for C$900 million

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

Active rigs:

$91.32
2/7/202202/07/202102/07/202002/07/201902/07/2018
Active Rigs3415546358

Two new oil and gas permits: #38775, and #38777:

  • Operator: Hunt
  • Field: Ross (Mountrail)
  • Comments;
    • Hunt has permits for two new Palermo wells; to be sited in SWSW 5-156-90, Ross oil field;
      • #38775, 400 FSL and 690 FWL; and,
      • 38777, 400 FSL and 720 FWL

Four producing wells (DUCs) reported as completed:

  • 33574, 2,328, Grayson Mill (Equinor) Irene Hovland 26-35 XE 1H, East Fork, no production data,
  • 38575, 104, True Oil, Red WIng Creek Unit 32-27A, Red Wing Creek, no production data,
  • 33566, 2,337, Grayson Mill, Jennifer 26-35 5H, East Fork, no production data,
  • 37773, 5,128, MRO, Perry USA 41-6TFH, Reunion Bay; first production, 8/21; t--; cum 255K 12/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-20213126703268492043556878557420
BAKKEN11-20213046158462452328185870840980
BAKKEN10-20213167554677084209094279919380
BAKKEN9-2021297773477433631328730384475467
BAKKEN8-2021133634535980342353990137261548
BAKKEN7-2021200559059

Wells of interest:

  • 18800, 129, MRO, Everett Fisher USA 41-6H, Reunion Bay, t7/10; cum 527K 12/21; recent production; 25x jump in production after ten years of production;

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2021221137911483568721346208760
BAKKEN11-20213024253242801390337945370610
BAKKEN10-20213133008329762021839638385350
BAKKEN9-2021302550025647243782836627396172
BAKKEN8-2021293636335998991545185448761971
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-20210000000
BAKKEN3-2021231070142231915961178223
BAKKEN2-2021281431134533721581624286

  • 18230, 552, MRO, Fisher USA 21-5H, Reunion Bay, t11/09; cum 500K 12/2; recent production, 24x jump in production after more than ten years of production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-20213128790288751710245509432280
BAKKEN11-20213038482385632863949590465860
BAKKEN10-20212727469272092604531739295970
BAKKEN9-20213039331397755409747402443080
BAKKEN8-20212038379377589140240602365901676
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-202116823124522479062919
BAKKEN3-20213117491849346164913590
BAKKEN2-2021281684158732817351197270

The Bakken Never Fails To Amaze Me -- February 7, 2022

This DUC was reported as completed by MRO today, with production of neighboring wells (wells of interest) also reported farther below:

The MRO producing well (a DUC) reported as completed:

  • 37773, 5,128, MRO, Perry USA 41-6TFH, Reunion Bay; first production, 8/21; t--; cum 255K 12/21;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-20213126703268492043556878557420
BAKKEN11-20213046158462452328185870840980
BAKKEN10-20213167554677084209094279919380
BAKKEN9-2021297773477433631328730384475467
BAKKEN8-2021133634535980342353990137261548
BAKKEN7-2021200559059

Wells of interest:

  • 38800, 129, MRO, Everett Fisher USA 41-6H, Reunion Bay, , t7/10; cum 527K 12/21; recent production; 25x jump in production after ten years of production;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-2021221137911483568721346208760
BAKKEN11-20213024253242801390337945370610
BAKKEN10-20213133008329762021839638385350
BAKKEN9-2021302550025647243782836627396172
BAKKEN8-2021293636335998991545185448761971
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-20210000000
BAKKEN3-2021231070142231915961178223
BAKKEN2-2021281431134533721581624286
  • 18230, 552, MRO, Fisher USA 21-5H, Reunion Bay, t11/09; cum 500K 12/2; recent production, 24x jump in production after more than ten years of production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-20213128790288751710245509432280
BAKKEN11-20213038482385632863949590465860
BAKKEN10-20212727469272092604531739295970
BAKKEN9-20213039331397755409747402443080
BAKKEN8-20212038379377589140240602365901676
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-202116823124522479062919
BAKKEN3-20213117491849346164913590
BAKKEN2-2021281684158732817351197270

Covid-19 Vaccinations -- February 7, 2022

Holy mackerel! Vaccinations dropping like a rock. Link here. Every Monday I calculate the average number of Covid-19 vaccinations / day for the previous week. Note:

  • about a month ago, Monday, January 10, 2022: 1,260,356
  • Monday, January 17, 2022: 1,187,319
  • Monday, January 24, 2022: 975,692

Courts start ruling again mandates:

  • Monday, January 31, 2022: 575,732
  • today, Monday, February 7, 2022: 611,742
A drop from1,260,356 to 611,742: almost dropped in half in one month, after courts starting ruling against mandates.

Abandoned And Off Line For Almost Two Years, Comes Back As A Respectable Well -- February 7, 2022

Well, look at this. Previously this well was "AB":

  • April 13, 2020: AB, #21513, offline 2/20; wells on same pad being drilled; remains off line 11/20; Whiting, Smokey 3-6-7-14HS;

Production update with jump in production:

oolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-202231386138287321592259148
BAKKEN6-20223048674924836294289243185
BAKKEN5-2022314755488211638116401159347
BAKKEN4-20222736253361121694249423613
BAKKEN3-2022314112416213958535653479
BAKKEN2-20222859025806135857997798611
BAKKEN1-20228116011485051622161111
BAKKEN12-202191037103323511637162017
BAKKEN11-2021301168116325341773175221
BAKKEN10-20218310310751109710889
BAKKEN9-202183193167539939894
BAKKEN8-20210000000
BAKKEN7-20210000000

Here the well: 

  • 21513, AB/23, Whiting, Smokey 3-6-7-14HS, Bully, t2/12; cum 198K 12/21;. I was told by an "expert," this was not supposed to happen.
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202191037103323511637162017
BAKKEN11-2021301168116325341773175221
BAKKEN10-20218310310751109710889
BAKKEN9-202183193167539939894
BAKKEN8-20210000000
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-20210000000
BAKKEN3-20210000000
BAKKEN2-20210000000
BAKKEN1-20210000000
BAKKEN12-20200000000
BAKKEN11-20200000000
BAKKEN10-20200000000
BAKKEN9-20200000000
BAKKEN8-20200000000
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-20200000000
BAKKEN2-20200000000
BAKKEN1-20202481293712852566248710
BAKKEN12-20193111241121210839573305559
BAKKEN11-201930113711022062429504205
BAKKEN10-201931117112862258554605453
BAKKEN9-2019241067957206145154293150
BAKKEN8-2019311467154325876769666313
BAKKEN7-20193116821616288269196156211
BAKKEN6-201921182718122169361014072140
BAKKEN5-201931878976130410469530
BAKKEN4-2019298968211317118611010
BAKKEN3-201931990100014231482137613
BAKKEN2-20192899710101489159515110
BAKKEN1-201931114011351661183717440
BAKKEN12-201831117711691762190918160
BAKKEN11-201830116812181621189218040

So this well was on the AB list, and then brought back on line and over nine days produced more than 1,000 or a very respectful 3,000 bbls over 30 days.

After Being Off Line For A year, An Old MRO Well Comes Back Nicely -- February 7, 2021

January 21, 2021: #17771; previously fracked a second time; now neighboring wells being fracked; still off line 10/21; after a year off line, coming back nicely.

  • 17771, 585, MRO, Jay Sandstrom USA 34-31H, Reunion Bay, t3/09; cum 550K 12/21: recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN12-202131384238064199398236780
BAKKEN11-202130251725026891284526560
BAKKEN10-20213187386610315120111330
BAKKEN9-2021489881086210104106
BAKKEN8-20210000000
BAKKEN7-20210000000
BAKKEN6-20210000000
BAKKEN5-20210000000
BAKKEN4-20210000000
BAKKEN3-20210000000
BAKKEN2-202100880000
BAKKEN1-20210000000
BAKKEN12-20200000000
BAKKEN11-2020410919017344207110
BAKKEN10-20202444447813516201186276
BAKKEN9-20203014661468661479145270
BAKKEN8-202031208020689466269591845
BAKKEN7-20202214571430636413225741352
BAKKEN6-2020291743172980354004914214
BAKKEN5-2020311679184576753864775324
BAKKEN4-202030187018638215473516220
BAKKEN3-2020311958182086860735136635
BAKKEN2-202029194520958836493613569