Monday, January 2, 2023

Another Look At Kraken Wells In Burg Oil Field -- January 2, 2023

Readers need to take another look at this post from December 28, 2022 -- last Friday

I completely missed it. A reader caught it and pointed it out to me this evening.

I missed it; my bad. I am getting too complacent; not lazy, I'm working as hard as ever, but I am getting complacent. I should not have missed this. Wells in this area are not generally this good.

So, what's going on? As the reader said me, I'm "comparing apples to oranges."

#38509 is an extra-long (or extended long) lateral -- instead of the usual two-section (two-mile, or 20,000-foot horizontal) it a three-section (three-mile, 26,000-foot horizontal (TD). 

So, it's a third longer than the "usual" Bakken well, and that explains the great production in this part of North Dakota, well north of Williston.

The well:

  • 38509, F/A, Kraken, Jenna 4-33-28 3H, Burg, t--; cum 257K 11/22; 240K x $70 = $17 million at the wellhead:

There are four wells on this pad; three run north; one runs south. All four are extended-length laterals.

The other three:

  • 38510, F/A, Kraken, Jenna LE 4-33-28 1TFH, Burg, t--; cum 180K 11/22;
    38511, F/A, Kraken, Alamo 3-24-27 2H, Burg, t--; cum 201K 11/22;
    38558, F/A, Kraken, Maddie LW 10-15-22 1H, Burg, t--; cum 167K 11/22;
    38512, PNC,

By the way, the nomenclature:

  • 38509, Jenna 4-33-28 3H -- although sited in (the far northeast corner of section 9) the horizontal is perforated in all of sections 4, 33, and 28 (running north);
  • 38510, Jenna LE 4-38-28 -- this is a section line well, the horizontal perforated in sections 4, 33, and 28; running north; as a section line well, the number of sections affected is double. So, in this case this well is spaced for six sections.
  • 38558, this is a section line well (on the west side); the horizontal perforated in sections 10, 15, and 22; running south; as a section line well, the number of sections affected is double. So, in this case this well is spaced for six sections.

I looked at data for one frack.

  • #38509: 15.3 million lbs of proppant, and 90 stages.

The reader thinks Kraken will drill a number of super-extended laterals; the reader counts at least ten such locations in this area. 

So, if one sees a 1920-acre standup or 1920-acre laydown spacing unit, one needs to think of the possibility of a three-section (extended long or super-long) lateral.

A huge thanks to the reader for catching this. 

Again, I'm embarrassed I didn't catch this. 

Lynn Helms said he expected to see a lot of 3-section horizontals. He almost sounded like it might become the norm where operators have the ability to put together three-section drilling units.

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