Saturday, March 11, 2023

Elon Musk Never Ceases To Amaze Me — March 11, 2023

It doesn’t take a rocket scientist to surmise who has/had the most money tied up in the Silicon Valley Bank. I mentioned that on the blog earlier today.

We’ll connect the dots tomorrow but for now, I’m headed to bed.

How does one get your money tied up in a failed bank? You buy the bank.

You buy the bank, merge it with one of your other businesses, let’s say, a social media company (Twitter?) and voila! World’s largest fintech company created in less than 72 hours with the world’s second richest man as CEO.

I’m going to bed. Laughing. What a crazy world. 

The Bakken Never Ceases To Amaze Me -- The XTO Bullberry Wells -- March 11, 2023

Initial production for the Bullberry Federal wells.

This page will not be updated; these wells are tracked elsewhere. 

These wells are tracked here

The 8-well Bullberry Federal pad:

  • 35150, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2H, Lost Bridge, t--; cum 95K 1/23;
  • 35151, drl-->dry, XTO, Bullberry Federal 24X-2D, Lost Bridge, noted 1/23;
  • 35152, PNC, XTO, Bullberry Federal 24X-2GXH2,
  • 35153, PNC, XTO, Bullberry Federal 24X-2CXD,
  • 35154, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2G, Lost Bridge, t--; cum 154K 1/23;
  • 35155, SI/NC-->SI/IA, XTO, Bullberry Federal 24X-2C, Lost Bridge, noted 1/23;
  • 35156, PNC, XTO, Bullberry Federal 24X-2AXB,
  • 35157, PNC, XTO, Bullberry Federal 24X-2E2,
  • 35789, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2DR, Lost Bridge, t--; cum 131K 1/23;

Well of interest to the west:

  • 22248, 1,387, XTO, Tuckerman 11X-11B, Lost Bridge, t8/12; cum 391K 1/22; production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20232734763506915670833273133
BAKKEN12-20222928202828673544341361110
BAKKEN11-20223031563180962609343771433
BAKKEN10-202231365736361213705954001367
BAKKEN9-202230470046971893907151653726
BAKKEN8-202221244923011895590626743118
BAKKEN7-20220000000
BAKKEN6-20220000000
BAKKEN5-20220000000
BAKKEN4-20220000000
BAKKEN3-20220000000
BAKKEN2-20220000000
BAKKEN1-20220000000
BAKKEN12-202115000159415890
BAKKEN11-202129000104610210
BAKKEN10-20212901630142914180
BAKKEN9-202130863847284258524850
BAKKEN8-2021311665171658533282779353
BAKKEN7-2021312063206861640353007832
BAKKEN6-2021302120204566240843018876

*****************************
Initial Production 

The wells:

  • 35150, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2H, Lost Bridge, API 33-025-03528, noted 10/19; fracked 6/29/22 - 7/17/22; 9.5 million gallons water; 88.92% fresh water by mass; t--; cum 95K 1/23; production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2023292676027106226933509234899109
BAKKEN12-20223167909672105436775911736012113
BAKKEN11-20220000000
BAKKEN10-2022007290000
BAKKEN9-20220000000
BAKKEN8-20222729016569310931
  • 35154, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2G, Lost Bridge, API 33-025-03532, t--; cum 154K 1/23; six data 20K extrapolates to 101K over 30 days; Three Forks first bench (B1); stimulated July 17, 2022; 29 stages; 9.67 million lbs proppants; 228,388 bbls fluid (9.59 million gallons)
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2023314608145734297755819357874181
BAKKEN12-2022202544125316191822714226318754
BAKKEN11-20222361895627044632578343765421646
BAKKEN10-202262020619971121772238721703633
BAKKEN9-20220000000
BAKKEN8-20222711022979230923
  • 35155, SI/NC-->SI/IA, XTO, Bullberry Federal 24X-2C, Lost Bridge, noted 1/23;
  • 35789, SI/NC-->SI/A, XTO, Bullberry Federal 24X-2DR, Lost Bridge, t--; cum 131K 1/23; this was the "replacement" well for #3515 (see next);
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2023313983239593204965110350823159
BAKKEN12-2022202790227755152402995029040832
BAKKEN11-20222163343632032515379783779491676
BAKKEN10-2022001270000
BAKKEN9-20220000000
BAKKEN8-20222127023273230323

  • 35151, drl-->dry, XTO, Bullberry Federal 24X-2D, Lost Bridge, noted 1/23;
    • sundry note received December 20, 2018:
      • XTO intends to plug and abandon this well;
      • cementing issues encountered in the vertical; didn't get to kick-off;
      • redrilled as the 24X-2DR (#35789 -- see above)
  • 35156, PNC, XTO, Bullberry Federal 24X-2AXB,
  • 35157, PNC, XTO, Bullberry Federal 24X-2E2,
  • 35152, PNC, XTO, Bullberry Federal 24X-2GXH2,
  • 35153, PNC, XTO, Bullberry Federal 24X-2CXD,

CLR's Harrisburg Wells On Indian Hill Have Been Updated -- March 11, 2023

See this note.

This page won't be updated. These wells are tracked elsewhere:

  • From the south, running north:
    • 28405, 980, CLR, Harrisburg 1-34H, Indian Hill, t10/14; cum 346K 1/23;
    • 37499, loc/A, CLR, Harrisburg 6-34H, Indian Hill, t--; cum 190K 1/23;
    • 37500, loc/A, CLR, Harrisburg 7-34H,SL Indian Hill, t--; cum 214K 1/23;
  • From the north, running south:
    • 37659, 1,267, CLR, Harrisburg 4-27H, Indian Hill,  t--; cum 211K 1/23;
    • 37660, 1,380, CLR, Harrisburg 3-27H, Indian Hill, t--; cum 187K 1/23;
    • 37661, 1,429, CLR, Harrisburg 2-27HSL, Indian Hill, t--; cum 233K 1/23;
    • 37658, conf, CLR, Harrisburg 5-27H, Indian Hill, t--; cum 189K 1/23; 

Production of selected well

  • 37659:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20233116590165772138229212279640
BAKKEN12-20222611294110541853512535115620
BAKKEN11-2022308613884815542661454700
BAKKEN10-202231114161133319576753762520
BAKKEN9-2022309638966318444650853150
BAKKEN8-202231100501003719912454733620
BAKKEN7-2022319694967319734643052150
BAKKEN6-20223011163110702282199168431340
BAKKEN5-20223115801159132885411860106630
BAKKEN4-2022257503743917214581647180
BAKKEN3-20223118613187333294816208155160
BAKKEN2-20222820580204873397616377160090
BAKKEN1-2022169418936817903744972890
BAKKEN12-20212925359253144002821130207680
BAKKEN11-20212625209249864405519982196520
BAKKEN10-2021324824888852038

The Oasis Ramirez Wells -- Dimmick Lake

Updates

March 17, 2023: initial production data for the Oasis Ramirez wells.

Original Post 

The Oasis Ramirez wells come off confidential list this next week.

I'm sure there is an error on the NDIC map with regard to the Oasis Ramirez wells but I simply do not have the time, nor the interest, to explain what I'm seeing and why I believe the map is in error.

Once the wells come off the confidential list we can sort it out. In the big scheme of things it will not matter. 

I only looked at two of the Ramirez wells but I assume all of them will be 1280-acre spacing, sections 29 and 32 - 151 - 96, with one exception. The “BX” well (#38652) is a section line well, and 2560-acre spacing. The “X” is a tip-off that it’s a section line well.

The “B” designation means they are all middle Bakken wells. 

These are going to be incredible wells. It will be interesting to see the completion method.

Here are the Ramirez wells coming off confidential list this next week:

  • 38654, conf, Oasis, Ramirez 5196 42-32 4B, API 33-053-09793; Dimmick Lake; FrackFocus: 8/12/22 - 8/24/22; 12.6 million gallons water (a big frack); 89.76% fresh water by volume;
DateOil RunsMCF Sold
1-20233689458850
12-20224594383994
11-20224418360298
10-20224506760069
9-20221646028413
  • 38655, conf, Oasis, Ramirez 5196 42-32 3B, Dimmick Lake,
DateOil RunsMCF Sold
1-20234022470766
12-20223866658605
11-20224139262105
10-20223677447775
9-20222093928413
  • 38656, conf, Oasis, Ramirez 5196 42-32 2B, Dimmick Lake,
DateOil RunsMCF Sold
1-20233018860538
12-20221616025227
11-20222914646961
10-20223137951043
9-20222292428413
  • 38652, conf, Oasis, Ramirez 5196 42-32 6BX, Dimmick Lake,
DateOil RunsMCF Sold
1-20233742567721
12-20223392350457
11-20224409567961
10-20224076072436
9-20222292728413
  • 38653, conf, Oasis, Ramirez 5196 42-32 5B, Dimmick Lake, no production data,

The earlier Ramirez wells were PNC'd:

  • 38504, PNC,
  • 38505, PNC,
  • 38506, PNC,
  • 38507, PNC,
  • 38508, PNC,

Well(s) of interest:

  • 18580, 530, Oasis, Nelson 4-29H, Dimmick Lake, NWNW 29-151-96; t5/10; cum 190K 8/22; off line 8/22;

***************************
To Determine The Amount Of Sand Based On FracFocus Data

To determine amount of sand (#38654), until the official report comes out, using data from FracFocus:

  • a gallon of water = 8.35 pounds
  • calculate amount of water in pounds (e.g., 12.6 million gallons x 8.35 pounds = 105.21 million lbs)
  • if weight of water in percentage is 89.76%, then 10.24% (by weight) is sand/ceramic
  • ask yourself: if 89.76% is percentage weight of water in total frack, how much was total completion mix (water + sand/ceramic)?
  • in this case:
    • 89.76% of the total frack was water by weight
    • water weighed 105.21 million lbs
    • 89.76% of what = 105.21 million lbs 
    • what = 105.21 / 0.8976 = 117 million lbs -- a moderately big frack;
  • continuing
    • 10.24% of the total frack was sand/ceramic by weight
    • 10.24% of 117 million lbs = 12 million lbs sand/ceramic 
  • I think my method works but my thinking could be faulty
  • This would be an estimation only
Checking my work:
  • in my example, total frack mix (water + sand/ceramic) = 117 million lbs
  • 89.76% of that was water, or 105 million lbs
  • 105 million lbs of water / 8.35 pounds (per gallon of water) = 12.6 million gallons, and that's where we started

Initial Production Data For Wells Coming Off Confidential List This Next Week -- March 11, 2023

The wells:

  • 39165, conf, CLR, Micahlucas 14-5HSL1, Jim Creek, no production data,
  • 39106, conf, Kraken, Rose 16-21 3H, Ellisville,
DateOil RunsMCF Sold
1-202350461625
  • 38442, conf, Hess, EN-Sable-157-93-3534H-3, Sorkness,
DateOil RunsMCF Sold
1-20231516916778
12-20221662910810
11-202299854450
10-20221452726381
9-2022121743627
  • 39161, conf, Resonance Exploration, Resonance Siverston 4-26H, South Westhope, no production data,
  • 39105, conf, Kraken, Rose 16-21 2H, Ellisville,
DateOil RunsMCF Sold
1-202352031783
  • 38648, conf, Neptune Operating, Heen S 152-104-5-17-1H, Briar Creek,
DateOil RunsMCF Sold
1-202382021067
12-202265216809
11-2022539110474
10-2022219490
9-202243950
  • 38443, conf, Hess, EN-Sable-157-93-3534H-2, Sorkness,
DateOil RunsMCF Sold
1-20231378715464
12-20221488215579
11-20221718319096
10-20221512918176
9-20221324618154
  • 37645, conf, BR, Tailgunner 2A TFH, North Fork, no production data,
  • 39164, conf, CLR, Micahlucas 13-5HSL, Jim Creek, no production data,
  • 38654, conf, Oasis, Ramirez 5196 42-32 4B, Dimmick Lake
DateOil RunsMCF Sold
1-20233689458850
12-20224594383994
11-20224418360298
10-20224506760069
9-20221646028413
  • 38321, conf, Whiting, Braaflat 11-11HU, Parshall,
DateOil RunsMCF Sold
1-2023107957869
12-20222639318211
11-20222950019105
10-2022130897856
  • 37646, conf, BR, Tailgunner 1B MBH, North Fork, no production data,
  • 39163, conf, CLR, Micahlucas 12-5H1, Jim Creek, no production data,
  • 38841, conf, Neptune Operating, Heen S 152-104-5-17-2H,  Briar Creek,
DateOil RunsMCF Sold
1-2023117621820
12-202290517379
11-2022549510323
10-2022178100
9-202259630
  • 37647, conf, BR, Tailgunner 2C TFH, North Fork, no production data,
  • 37569, conf, Iron Oil Operating, Antelope 3-31-30H, Sather Lake,
DateOil RunsMCF Sold
1-20231345912378
12-202296977941
11-20221378411177
10-20221880314897
9-202231140
  • 39162, conf, CLR, Micahlucas 11-5H, Jim Creek, no production data,
  • 38655, conf, Oasis, Ramirez 5196 42-32 3B, Dimmick Lake,
DateOil RunsMCF Sold
1-20234022470766
12-20223866658605
11-20224139262105
10-20223677447775
9-20222093928413
  • 37648, conf, BR, Tailgunner 2D MBH, North Fork, no production data,
  • 38656, conf, Oasis, Ramirez 5196 42-32 2B, Dimmick Lake,
DateOil RunsMCF Sold
1-20233018860538
12-20221616025227
11-20222914646961
10-20223137951043
9-20222292428413
  • 38652, conf, Oasis, Ramirez 5196 42-32 6BX, Dimmick Lake,
DateOil RunsMCF Sold
1-20233742567721
12-20223392350457
11-20224409567961
10-20224076072436
9-20222292728413
  • 37649, conf, BR, Tailgunner 2E TFH, North Fork, no production data,
  • 39151, conf, Petro-Hunt, USA 146-97-29A-32-3H, Jim Creek, no production data,
  • 39141, conf, CLR, Micahlucas 10-5H1, Jim Creek, no production data,
  • 39127, conf, Crescent Point Energy, CPEUSC Szarka 2-36-25-159N-100W-MBH, Blue Ridge, no production data,
  • 37650, conf, BR, Tailgunner 2F MBH-ULW, North Fork, no production data,
  • 37570, conf, Iron Oil Operating, Antelope 2-31-30H, Sather Lake,
DateOil RunsMCF Sold
1-20231390713031
12-202297918236
11-20221303410180
10-20221542113512
  • 39150, conf, Petro-Hunt, USA 146-97-29A-32-2H, Little Knife, no production data,
  • 39140, conf, CLR, Micahlucas 9-5H, Jim Creek, no production data,
  • 39128, conf, Crescent Point Energy, CPEUSC Claire Rose 6-31-30-159N-99W-MBH, Blue Ridge, no production data,
  • 39129, conf, Crescent Point Energy, CPEUSC Claire Rose 5-31-30-159N-99W-MBH, Burg, no production data,
  • 39149, conf, Petro-Hunt, USA 146-97-29B-32-1H, Little Knife, no production data,
  • 39139, conf, CLR, Micahlucas 8-5H1, Jim Creek, no production data,
  • 38653, conf, Oasis, Ramirez 5196 42-32 5B, Dimmick Lake, no production data,
  • 35589, conf, Neptune Operating, Heen 153-104-35-26-4H, Ft. Buford,
DateOil RunsMCF Sold
1-20232374917603
12-202285255433
11-20221987210021
10-2022209920
9-2022137940
  • 35588, conf, Neptune Operating, Heen 153-104-35-26-3H, Ft. Buford,
DateOil RunsMCF Sold
1-20232686723555
12-20222003112377
11-2022170286352
10-2022211600
9-2022126430
  • 39138, conf, CLR, Micahlucas 7-5H, Jim Creek, no production data,
  • 39130, conf, Crescent Point Energy, CPEUSC Claire Rose 4-31-30-159N-99W-MBH, Ellisville, no production data,
  • 39131, conf, Crescent Point Energy, CPEUSC Amelia Grace 4-6-7-158N-99W-MBH, Ellisville, no production data,

Wells Coming Off Confidential List This Next Week -- March 11, 202

I came out to the pool at 2:00 p.m. today or thereabouts. It's now 5:54 p.m. CT, and it looks like I will be out here until 8:00 p.m. or maybe 9:00 p.m. It's been a bit breezy but the sun has been so hot / bright, I had to move in under the pool's pavilion, set on an "island" surrounded by the pool. 

It's 85°F right now -- the high was 88°F -- I think the forecast was for 86°. A few brave folks got into the pool. The water is still a bit cool. The rest of the week: temperatures will come down significantly, but I will enjoy the pool as long as I can. 

A lot of grilling.

Lana Del Rey.

*************************
Sports

Our granddaughter, Olivia, is a high school junior. She has been playiing soccer since she was five years old, starting while living in a Boston, Massachusetts, suburb. Her five-year-old mentor, Kiki, had started playing soccer when she was four years old.

Olivia now plays for her high school soccer team AND a  Dallas club team.  

Olivia is one of three captains for her high school soccer team. No one can recall the last tine a junior was named a captain of the team. Historically, those spots are reserved for seniors.

After last night's win, her high school team, the Grapevine High School Lady Mustangs won their sixteen consecutive district championshiip. 

Now, on to Regionals, where if history is any guide, they will take first or second place and advance to "State." If history is any guide, they will take second place at State. 

I can't speak for high school coaches but one would be surprised to hear how much college coaches are paid here in Texas. They take their sports very seriously here. 

Boys football: a high school coach was recruited to coach at a local college. Salary: $1 million dollar. He has been at that college for about five years. A nationally ranked college in north Texas is now recruiting him for their program, offering a salary in the range of $5 million. He has said he won't accept that position; he has too much allegiance to his current school ... but the college will have to increase his salary to make it somewhat more competitive with that other offer. One-million-plus dollars for coaching college football. Okay.

***************************
Wells Coming Off Confidential List This Next Week

Wednesday, March 22, 2023: 75 for the month; 237 for the quarter, 237 for the year
39165, conf, CLR, Micahlucas 14-5HSL1,
39106, conf,  Kraken, Rose 16-21 3H,
38442, conf, Hess, EN-Sable-157-93-3534H-3,

Tuesday, March 21, 2023: 72 for the month; 234 for the quarter, 234 for the year
39161, conf, Resonance Exploration, Resonance Siverston 4-26H,
39105, conf, Kraken, Rose 16-21 2H,
38648, conf, Neptune Operating, Heen S 152-104-5-17-1H,
38443, conf, Hess, EN-Sable-157-93-3534H-2,
37645, conf, BR, Tailgunner 2A TFH,

Monday, March 20, 2023: 67 for the month; 229 for the quarter, 229 for the year
39164, conf, CLR, Micahlucas 13-5HSL,
38654, conf, Oasis, Ramirez 5196 42-32 4B,
38321, conf, Whiting, Braaflat 11-11HU,
37646, conf, BR, Tailgunner 1B MBH,

Sunday, March 19, 2023: 63 for the month; 225 for the quarter, 225 for the year
39163, conf, CLR, Micahlucas 12-5H1,
38841, conf,  Neptune Operating, Heen S 152-104-5-17-2H,
37647, conf, BR, Tailgunner 2C TFH,
37569, conf, Iron Oil Operating, Antelope 3-31-30H,

Saturday, March 18, 2023: 59 for the month; 221 for the quarter, 221 for the year
39162, conf, CLR, Micahlucas 11-5H,
38655, conf, Oasis, Ramirez 5196 42-32 3B,
37648, conf, BR, Tailgunner 2D MBH,

Friday, March 17, 2023: 56 for the month; 218 for the quarter, 218 for the year
38656, conf, Oasis, Ramirez 5196 42-32 2B,
38652, conf, Oasis, Ramirez 5196 42-32 6BX,
37649, conf, BR, Tailgunner 2E TFH,

Thursday, March 16, 2023: 53 for the month; 215 for the quarter, 215 for the year
39151, conf, Petro-Hunt, USA 146-97-29A-32-3H,
39141, conf, CLR, Micahlucas 10-5H1,
39127, conf, Crescent Point Energy, CPEUSC Szarka 2-36-25-159N-100W-MBH,
37650, conf, BR, Tailgunner 2F MBH-ULW,
37570, conf, Iron Oil Operating, Antelope 2-31-30H,

Wednesday, March 15, 2023: 48 for the month; 210 for the quarter, 210 for the year
39150, conf, Petro-Hunt, USA 146-97-29A-32-2H,
39140, conf, CLR, Micahlucas 9-5H,
39128, conf, Crescent Point Energy, CPEUSC Claire Rose 6-31-30-159N-99W-MBH,

Tuesday, March 14, 2023: 45 for the month; 207 for the quarter, 207 for the year
39129, conf, Crescent Point Energy, CPEUSC Claire Rose 5-31-30-159N-99W-MBH,

Monday, March 13, 2023: 44 for the month; 206 for the quarter, 206 for the year
39149, conf, Petro-Hunt, USA 146-97-29B-32-1H,
39139, conf, CLR, Micahlucas 8-5H1,
38653, conf, Oasis, Ramirez 5196 42-32 5B,
35589, conf, Neptune Operating, Heen 153-104-35-26-4H,
35588, conf, Neptune Operating, Heen 153-104-35-26-3H,

Sunday, March 12, 2023: 39 for the month; 201 for the quarter, 201 for the year
39138, conf, CLR, Micahlucas 7-5H,
39130, conf, Crescent Point Energy, CPEUSC Claire Rose 4-31-30-159N-99W-MBH,

Saturday, March 11, 2023: 37 for the month; 199 for the quarter, 199 for the year
39131, conf, Crescent Point Energy, CPEUSC Amelia Grace 4-6-7-158N-99W-MBH,