Thursday, January 26, 2023

The Amazing Bakken -- It's All About TOC -- Technology Will Catch Up -- January 26, 2023

Re-posting.

Recent production below. Full production at this post.

Note: this well drilled in 2008, thirteen years ago. It was a lousy well. And then it's production jumped about a year ago.

This well, thirteen years old, will produce 50% of its oil production in six months in its thirteen year.

Look at initial production -- at the very bottom of this post.

This is not a one-off. One can find them everywhere.

This well was first drilled in 2008

Total production for this well:

  • 302,036 bbls crude oil;
  • it was first drilled back in 2008, fifteen years ago;
  • and, in five months in the past year or so, this well has produced: 130,675 bbls
  • 130,675 / 302,036 = 43%
30788
34679
1722
51
0
0
0
3907
5069
6372
11550
16004
20533

Well of interest:

  • 16797, 108, CLR, Bang 1-33H, Cedar Coulee, t4/08; cum 302K 11/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2022303078830897293544304741894945
BAKKEN10-2022313467934024472584307542642214
BAKKEN9-20225172216755530218321792
BAKKEN8-2022151790000
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-202217390742251511482446670
BAKKEN3-202217506948182902519149790
BAKKEN2-202224637266542750824479460
BAKKEN1-2022311155011608583514730143110
BAKKEN12-2021311600416229896919237188180
BAKKEN11-20213020533203411956322195217900
BAKKEN10-20216331930195476328832070
BAKKEN9-20210000000
BAKKEN8-20210000000
BAKKEN7-2021110001000
BAKKEN6-2021304575861178884960
BAKKEN5-202131500524829595400
BAKKEN4-202130477576788975050
BAKKEN3-202131515312939255060
BAKKEN2-2021284665582137543790
BAKKEN1-202131533936778794600
BAKKEN12-2020315140788834640

Look at initial production below, compared to recent production, thirteen years later:

BAKKEN11-20083035723000629429042900
BAKKEN10-200829395137101051379337930
BAKKEN9-20083039043883839323132310
BAKKEN8-200820292429241199239423940
BAKKEN7-200824503950141430455545550
BAKKEN6-200830575158983530413641360
BAKKEN5-20081207451682000
BAKKEN4-200824114062996425250
BAKKEN3-20081900552000

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