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Friday, February 24, 2023

About Those Overlapping 3840-Acre Spacing Units -- February 24, 2023

In case you missed it, the big story in the NDIC hearing dockets for March, 2023: all the 3840-acre spacing units, and there were a lot of them. I finally got tired of listing all the sections in those 3840-acre spacing cases, but if go back and look at those 3840-acre units you will see what's going on.

Anyone want to guess why 3840?

Hint: they are 2x3 units -- two sections by three sections. Six sections x 640 acres/section = 3840 acres.

See the map at this post, as an example. 

Oasis will site six wells at one of the "top three sections" and will site six wells at one end of the "bottom three sections. It's unlikely they will site the twelve wells in the middle of the river, so six wells will be sited in section 25 and six wells will be sited in section 36. The horizontals will be drilled east-to-west, with the horizontals (at least for the northern horizontals) being mostly under water.

But the big thing is this: we're going to start seeing a lot more extended long laterals; three-mile long laterals; three-section laterals. It will be interesting to track their completions (# of stages, amount of water; amount of proppant; number of days to reach total depth; and so on). 

There is an existing tag for extended long laterals.

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