Updating The Squaw Creek -- Now Phaelens Butte -- Wells -- March 1, 2024

Locator: 46633B. 

Personal investing: will buy NOG today, simply as a short-term trade; will hold less than six months; this is not an investment; it's a trade; no recommendation.

Tag: "Phaelens Butte" "Squaw Creek" "name change"

A reminder before we get started, link here:

The well:

• 20603, 416, WPX, Plenty Sweet Grass 18-19C, Phaelens Butte, t1/12; cum 427K 12/23; back in 2018, when the wells was six years old: can't find evidence of fracking data in 2018, but there was a lot of activity on this pad in 2018.
  

BAKKEN	4-2019	20	10966	10954	4161	22011	10444	10037
BAKKEN	3-2019	31	20510	20597	16182	41163	16888	21699
BAKKEN	2-2019	23	17990	18539	16952	37227	7549	27178
BAKKEN	1-2019	0	0	0	0	0	0	0
BAKKEN	12-2018	0	0	0	0	0	0	0
BAKKEN	11-2018	30	153	0	0	307	0	291
BAKKEN	10-2018	0	0	0	0	0	0	0
BAKKEN	9-2018	16	596	451	196	1195	0	899
BAKKEN	8-2018	31	1089	1119	291	2185	0	1447
BAKKEN	7-2018	31	977	956	259	1961	454	770
BAKKEN	6-2018	19	618	463	344	1241	690	194
BAKKEN	5-2018	31	1313	1294	445	1880	1740	0

********************************
Others -- Note The 500K + Cumulative Oil
Most Still Show "F" -- No Pump

Link here. 

Is it time to take another look?

• 36820, drl/A-->F/A, WPX, Omaha Woman 24-13-12HC, Phaelens Butte / Squaw Creek, t--; cum 82K over 28 days extrapolates to 88,198 bbls over 30 days; fracked 8/1/20 - 8/22/20; 8.9 million gallons of water; 84.5% water by mass; five wells on this pad; and look at that, no natural gas vented or flared; good for them; cum 497K 5/22; cum 509K 7/22; cum 553; still "F"; 572K 5/24;
• 36864, drl/A-->F/A, WPX, Omaha Woman 24-13-12HD, Phaelens Butte / Squaw Creek, t--; cum 65K in 29 days; cum 305K 5/21; stimulated 8/20; 52 stages; 209K bbls water; 12.8 million lbs proppant; cum 426K 5/22; cum 438K 7/22; cum 491; still "F"; 500K 5/24;
  
• 37309, A/F, WPX, Omaha Woman 24-13-12HIL, Phaelens Butte / Squaw Creek, first production, 9/20; t--; cum 351K 5/21; cum 579K 5/22; cum 596K 6/22; cum 716K; still "F"; 734K 5/24;
  
• 36819, A/AL, WPX, Omaha Woman 24-13-12HY, Phaelens Butte / Squaw Creek, t--; cum 317K 5/21; cum 438K 5/22; cum 447K 7/22; cum 500K 12/23; 506K 5/24;
  
• 36821, A/F, WPX, Omaha Woman 24-13-12HZ, Phaelens Butte / Squaw Creek, t--; cum 331K 5/21; cum 461K 5/22; cum 473K 7/22; cum 553K; still "F"; 570K 5/24;
  

The Nokota wells running in the opposite direction to the west of the Omaha Woman wells are similarly incredible wells. 

• 37133, A/AL, WPX, Nokota 24-13-12HA, Phaelens Butte / Squaw Creek, t--; cum 294K 5/21; cum 412K 5/22; cum 422K 7/22; cum 483K 12/23; still "F"; 498K 5/24; AL; 
  
• 37134, A/AF, WPX, Nokota 24-13-12HB, Phaelens Butte / Squaw Creek, first production, 10/20; t--; cum 390K 5/21; 69K over 13 days extrapolates to 160K over 30 days; cum 540K 5/22; cum 556K 7/22; cum 644K 12/23; still "F";
  
• 37328, A/AL, WPX, Nokota 24-13-12HQ, Phaelens Butte / Squaw Creek, t--; cum 222K 5/21; cum 337K 5/22; cum 348K 7/22; cum 400K 12/23; 412K 5/24;
  
• 37135, A/F, WPX, Nokota 24-13-12HX, Phaelens Butte / Squaw Creek, t--; cum 303K 5/21; cum 443K 5/22; cum 457K 7/22; cum 524K 12/23; still "F";