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Wednesday, April 26, 2023

24357 -- Hess -- EN-Hermanson -- Robinson Lake -- April 26, 2023

Locator: 44483B.  

I wonder if analysts are starting to get a better understanding of the Bakken now that we are (2023 - 2000) twenty-three years into the play?

This well was first drilled in mid-2013 and was a mediocre well at first, with an IP-30 of around 26K bbls crude oil, which quickly tapered to 2,000 bbls/30 days one year later. Further decline -- the dreaded Bakken decline -- and it was down to less than a 1,000 bbls / month by early 2018. By early 2022, it looked like a dying well.

It was taken off line 4/22 and then brought back on line 8/22 and had peak production of 10,000 bbls/month (see below). From my perspective, this is a new well ... and already ten years old.

August 27, 3022: 24561 (back on line), 24356 (AB), 24615 (552K), 24357 (back on line).

The well:

  • 24357, 724, Hess, EN-Hermanson 154-93-0235H-3, Robinson Lake, t7/13; cum 220K 2/23; recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-202328904690291214411985102801705
BAKKEN1-202331979397521283612412106891723
BAKKEN12-202229886088841255711504100301474
BAKKEN11-20223010097100951488412425112351190
BAKKEN10-2022311066110652203111272812386342
BAKKEN9-2022277419739633551112110444677
BAKKEN8-2022174689450217924082222186
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-202220624000
BAKKEN4-20221483931721281253
BAKKEN3-20221134736612238429886
BAKKEN2-202228667642370882721161
BAKKEN1-202261761806330926643

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