Tuesday, November 1, 2022

Disappearing? November 1, 2022

Arranged from "most" to "least," only fourteen states reported any Covid-19-related deaths yesterday. Link here.

Texas had only two Covid-19-related deaths yesterday. In the entire US, only 201 new Covid-19-related deaths.

WTI -- November 1, 2022

The tea leaves certainly suggest we could see significantly higher WTI prices tomorrow. 

WTI has been creeping up all evening. Currently up 1.4%; up $1.19; trading at $89.56.

This is the API data that has some folks in Washington very, very nervous.

 If EIA data corroborates this in the a.m., "Katy, bar the door."

On the other hand, if the EIA does not, it will raise even more questions.

Meanwhile, refiners making money, hand over fist, as they say,  

Didn't MPC just raise their dividend from 58 cents to 75 cents?

************************
ISO-NE

When you "lose" CNBC -- link here.

Two XTO Rink Wells Return To Production -- November 1, 2022

The wells:

  • 26361, 1,725, XTO, Rink 13X-4B, t5/14; cum 284K 8/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-202216176718334107641349031352
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20222000100
BAKKEN3-20220000000
BAKKEN2-20220000000
BAKKEN1-20220000000
BAKKEN12-20210000000
BAKKEN11-20210000000
BAKKEN10-20210000000
BAKKEN9-20210000000
BAKKEN8-20210000000
BAKKEN7-20210000000
BAKKEN6-2021105126144137333832670
BAKKEN5-202131170319517331836181350
BAKKEN4-202130204119474324835280510
  • 26358, 2,148, XTO, Rink 13X-4E, t4/14; cum 288K 8/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-202231231124102108796077080
BAKKEN7-202231274428323228743871250
BAKKEN6-202211978725132723761627621
BAKKEN5-20220000000
BAKKEN4-20220000000
BAKKEN3-20220000000
BAKKEN2-20220000000
BAKKEN1-20220000000
BAKKEN12-20210000000
BAKKEN11-20210000000
BAKKEN10-20210000000
BAKKEN9-20212193010511392484046750
BAKKEN8-202131150914442213814478820

An Abandoned MRO Well Is Back On Line -- November 1, 2022

This well sent from active to inactive to abandoned and is now back on line:

  • 21450, 1,600-->IA-->AB-->A, , off-line due to neighboring huge fracks; remains off line 5/22; now IA; AB; now active again; MRO, Jessica USA 21-6TFH, Reunion Bay, t3/12; cum 376K 8/22:
    PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
    BAKKEN8-202231368035003349584318893491
    BAKKEN7-20221733028966611238268
    BAKKEN6-20220000000
    BAKKEN5-20220000000
    BAKKEN4-20220000000
    BAKKEN3-20220000000
    BAKKEN2-20220000000
    BAKKEN1-20220000000
    BAKKEN12-20210000000
    BAKKEN11-20210000000
    BAKKEN10-20210000000
    BAKKEN9-20210000000
    BAKKEN8-20210000000
    BAKKEN7-20210000000
    BAKKEN6-20210000000
    BAKKEN5-20210000000
    BAKKEN4-202131284382222511390
    BAKKEN3-2021311564149063625001871354
    BAKKEN2-2021281158113545221201423476
    BAKKEN1-2021311373136955024436921486
    BAKKEN12-2020311433144161426419391433

Update On Slawson Wells Coming Back On Line -- Big Bend -- November 1, 2022

See this post for background. The following Slawson wells have just returned to production. Too early tell how these wells will play out.

  • 20422, north to south, 684, Slawson, Howitzer 2-25H, Big Bend, t10/11; cum 364K 5/22; off line -- fracking in the area; cum 364K 8/22; F;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2022227018724014
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20221612171167862165215731
BAKKEN4-20222924192464230531252824157
BAKKEN3-202231272431422730320430463
  • 30414, south to north, 1,622, Slawson, Lightning Federal 7-24-13TFH, t4/16; cum 479K 11/21; cum 499K 5/22; off line -- fracking in the area; cum 500K 8/22:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-202245885582049442432
BAKKEN7-20220000000
BAKKEN6-202211110500
BAKKEN5-20223036613658470331012761190
BAKKEN4-20223034773517523330682451469
BAKKEN3-20223135723871627629852628202
BAKKEN2-20222831342948489825992345114
  • 30413, south to north, 1,008, Slawson, Lightning Federal 2-24-13H, t4/16; cum 276K 11/21; cum 289K 4/22; off line -- fracking in the area; cum 290K 8/22:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2022169016503991761486195
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20222524042481147729132598188
BAKKEN3-202231276730681910358134260
BAKKEN2-202228257525081495303328950
  • 18363, north to south, 981, Slawson, Howitzer 1-25H, Big Bend, t1/10; cum 337K 11/21; cum 344K 4/22; off line -- fracking in the area; cum 345K 8/22:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20222924232423558924071432830
BAKKEN7-20221000110
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-202216614692306880690111
BAKKEN3-20223112261248611183716820
BAKKEN2-20222510401081439151113860
BAKKEN1-202231133312967791836163051
  • 18287, south to north, 911, Slawson, Skybolt 1-24H, Big Bend, t1/10; cum 383K 11/21; halo effect, 2015: jump in productioncum 390K 4/22; off line -- fracking in the area; cum 392K 8/22:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-2022312223241458431789774860
BAKKEN7-202284902226843520314
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20221367976028479470623
BAKKEN3-20222714181494484160614702
BAKKEN2-202226132213104761488132037
BAKKEN1-20223113201369338145112960
BAKKEN12-202131142714964021518135013
BAKKEN11-20213014101374477150713570
BAKKEN10-202131154015176831486125675
BAKKEN9-202129127411417151164915104

The Bakken Violating Peak Oil Theory -- Again -- The Hunt Oil Halliday / Quill Wells -- November 1, 2022

These wells were drilled back in the early days of the boom. Now, huge jump in production. Not supposed to happen (peak oil theory).

From this post,There's So Much Work Left To Be Done In The Bakken -- August 23, 2022.

Four singletons, all old wells, re-work, halo effect, re-fracks, lots of work:

  • 18222, 471, Hunt, Quill 10-3H 1, Bailey, t11/09; cum 328K 3/22; off line 3/22;
  • 19401, 415, Hunt, Halliday 1-15-22H 1, t1/11; cum 256K 5/22; off line 6/22;
  • 21567, 471, Hunt, Quill 2-10-3H, Bailey, t5/13; cum 251K 3/22; off line 3/22;
  • 22402, 324, Hunt, Halliday 2-15-22H, t7/12; cum 212K 5/22; off line 6/22; 

Updates

  • 19401, 415, Hunt, Halliday 1-15-22H 1, t1/11; cum 256K 5/22; off line 6/22;cum 275K 9/22, 9,888 bbls ooveer 19 days extrapolates to 16K over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2022309077913422595428537720
BAKKEN8-20221998889569241764323386675
BAKKEN7-20220000000
BAKKEN6-20222095853970
BAKKEN5-20223163558516496532050
BAKKEN4-20222957364714874901770
BAKKEN3-20223183971715108122540
BAKKEN2-20222859067913627272400
BAKKEN1-20223173570014076722210
  • 22402, 324, Hunt, Halliday 2-15-22H, t7/12; cum 212K 5/22; off line 6/22; cum 225K 9/22; 4,245 bbls over 8 days exrtapolates to 16K over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2022308910873428543353831150
BAKKEN8-2022842454170100651466131225
BAKKEN7-20220000000
BAKKEN6-2022001000000
BAKKEN5-20222366760915385791820
BAKKEN4-20222358059820545201870
BAKKEN3-20222563357313734621450
BAKKEN2-20222861170916405771910
BAKKEN1-20223178273318437712550
  • 21567, 471, Hunt, Quill 2-10-3H, Bailey, t5/13; cum 251K 3/22; off line 3/22; cum 253K 9/22:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20222719891945041047359
BAKKEN8-20220000000
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20220000000
BAKKEN3-202221792117711174651690
BAKKEN2-2022288227041529000
BAKKEN1-202231965104218049114010
BAKKEN12-20213195176516438153590

This Million-Bbl CLR Whitman Well Is Back On Line -- November 1, 2022

The CLR Whitman wells are tracked here.

The well (see also this post):

  • 20212, 482 (1,008 reported on the sundry form), CLR, Whitman 3-34H, Oakdale, Three Forks first bench, API - 33-025-01261; t9/11; cum 181K 5/18; see production profile below; well, isn't this interesting -- yup, this well was fracked 9/23/17 - 10/5/17; 9.8 million gallons of water; 84% water; 15% sand; sundry form in file report: 61 stages; 14.5 million lbs sand; [Update: this well went off line 4/18 and came back on line 8/18; in 8/18 produced 4,731 bbls over 4 days which extrapolates to 35,000 bbls in one month]; interesting profile; see this post; cum 948K 6/21; cum 1,037,348 bbls 1/22; update here; off line while neighboring wells are being fracked ccum 1.059338 million bbls crude oil, 3/22; cum 1.066631 million bbls 9/22.

Recent production: 

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-202221392438206768434340720
BAKKEN8-20227336931832084348734090
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-2022230260254530
BAKKEN3-2022311143411435213524764243520
BAKKEN2-2022281052610625223522769223910
BAKKEN1-2022311172411681304024686242670
BAKKEN12-2021301063010691347322675222820
BAKKEN11-2021301182011842237325132247580
BAKKEN10-2021311326613173234128058276530
BAKKEN9-2021301288912902211526793264100