Locator: 46685DIV.
From $1.00 to 80 cents. Payable 2/29/24.
Monday, January 29, 2024
Grayson Mill Cuda Wells -- Round Prairie West Of Williston -- January 29, 2024
Locator: 46684B.
***************************
Updated March 21, 2024
Williams County deed:
NDIC - Grayson Mill permit:
Scout ticket:
Production:
*********************************
As Of January 29, 2024
A reader asked about these DUCs which were reported to have been completed January 9, 2024:
- 39754, 1,925, Grayson Mill, Cuda 14-26F 1H, Round Prairie, super long horizontal;
- 39755, 1,959, Grayson Mill, Cuda 14-26F 2H, Round Prairie, super long horizontal;
- 39756, 2,177, Grayson Mill, Cuda 14-26F XE, Round Prairie, super long horizontal;
Initial production:
- 39754, 1,925, Grayson Mill, Cuda 14-26F 1H, Round Prairie, super long horizontal; t11/23; cum --;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 4 | 812 | 604 | 14847 | 6 | 0 | 6 |
- 39755, 1,959, Grayson Mill, Cuda 14-26F 2H, Round Prairie, super long horizontal; t11/23; cum --;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 4 | 812 | 604 | 11553 | 6 | 0 | 6 |
- 39756, 2,177, Grayson Mill, Cuda 14-26F XE 1H, Round Prairie, super long horizontal, t11/23; cum --;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 20 | 9875 | 9448 | 42058 | 7528 | 31 | 7497 |
*********************
Wells Of Interest
All three recently taken off line; still offline, January 29, 2029.
- 20128, IA/563, Grayson Mill, Short Prairie 3-1415H, t8/11; cum 149K 8/23;
- 20152, IA/805, Grayson Mill, Short Prairie 4-2322H, t1/12; cum 143K 8/23;
- 20150, IA/575, Grayson Mill, Short Prairie 5-2627TFH, t9/11; cum 161K 8/23;
************************
The Maps
Update On Recently Completed Grayson Mill Fleck Wells In Sandrocks -- January 29, 204
Locator: 46683B.
From January 16, 2024, these DUCs reported as completed:
Three producing wells (DUCs) reported as completed:
- 39649, 4,059, Grayson Mill, Fleck 150-100-1-12-8H, Sandrocks, t10/23; cum 100K 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 30 | 61380 | 61567 | 83672 | 106857 | 102427 | 4430 |
| BAKKEN | 10-2023 | 14 | 38983 | 38300 | 65587 | 56971 | 53050 | 3921 |
- 39650, 2,872, Grayson Mill, Fleck 150-99-6-7-5H, Sandrocks, t10/23; cum 57K 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 30 | 42338 | 42262 | 64376 | 71867 | 68887 | 2980 |
| BAKKEN | 10-2023 | 9 | 14349 | 14083 | 25748 | 25557 | 23798 | 1759 |
- 39651, 2,064, Grayson Mill, Eide 150-99-6-7-5H, Tobacco Garden, t10/23; cum 42K 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 30 | 39026 | 38761 | 73520 | 72418 | 69416 | 3002 |
| BAKKEN | 10-2023 | 2 | 2806 | 2755 | 5810 | 4823 | 4491 | 332 |
Wells of interest:
- 26252, 734, Grayson Mill, Eide 150-99-7-6-2H, Tobacco Garden, t1/14; cum 283K 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 30 | 23702 | 23715 | 66853 | 37841 | 33722 | 4007 |
| BAKKEN | 10-2023 | 16 | 14612 | 14535 | 76596 | 23073 | 20762 | 2311 |
| BAKKEN | 9-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 8-2023 | 1 | 0 | 0 | 45 | 0 | 0 | 0 |
| BAKKEN | 7-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 6-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 5-2023 | 11 | 339 | 447 | 72 | 789 | 637 | 54 |
| BAKKEN | 4-2023 | 30 | 1016 | 1042 | 532 | 2232 | 1940 | 22 |
| BAKKEN | 3-2023 | 30 | 955 | 866 | 478 | 2646 | 1406 | 986 |
- 27731, Grayson Mill, Fleck, Sandrocks, just returning on line; too early to say anything about new production;
- 27732, Grayson Mill, Fleck, Sandrocks, just returning on line; too early to say anything about new production;
- 27733, Grayson Mill, Fleck, Sandrocks, just returning on line; too early to say anything about new production;
Four New Permits; Five Permits Canceled; Ten DUCs Reported As Completed; Again, No Surprise, The MRO Wells Are Spectacular -- January 29, 2024
Locator: 46682B.
WTI: $76.97.
Four new permits, #40482 - $#40485, inclusive:
- Operator: Liberty Resources
- Field: White Earth (Mountrail)
- Comments:
- Liberty Resources has permits for four Tucson wells, SWSW 23-158-94;
- to be sited 335 FSL and between 681 FFWL and 786 FWL.
Five permits renewed:
- Hess (3): three SC-Ellingsberg permits, Truax oil field, Williams County;
- Murex (2): ah HL-Harlen Lahti permit and an HL-Evelyn Lahti permit, Sanish, Mountrail County.
Ten producing wells (DUCs) reported as completed:
- 37648, 279, BR, Tailgunner 2D, MBH, McKenzie
- 39125, 712, Iron Oil, Stocke 3-4-9H, McKenzie;
- 39126, 821, Iron Oil, Stocke 2-4-9H, McKenzie;
- 39446, 4,183, MRO, Claudia 24-33H, Killdeer, Dunn County;
- 39470, 2,074, MRO, Sagler 21-4TFH, Killdeer, Dunn County;
- 39699, 1,616, MRO, Demay 21-4H, Killdeer, Dunn County;
- 39700, 3,769, MRO, Arlene 11-4TFH, Killdeer, Dunn County;
- 39701, 5,266, MRO, Elaine 41-5H, Killdeer, Dunn County;
- 39702, 4,436, MRO, Barsness 41-5TFH, Killdeer, Dunn County;
- 39852, 1,580, SOGC (Sinclair), Hovden Federal 5-20H, Dunn County,
Wells of interest:
- 17883, 402, MRO, Theresa Tuhy 14-33H, Bailey, t5/09; cum 283K 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 8 | 260 | 259 | 4581 | 10 | 10 | 0 |
| BAKKEN | 10-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 8-2023 | 1 | 11 | 111 | 0 | 10 | 0 | 10 |
| BAKKEN | 7-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 6-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 5-2023 | 0 | 0 | 257 | 0 | 0 | 0 | 0 |
| BAKKEN | 4-2023 | 27 | 1184 | 1146 | 443 | 1396 | 0 | 1228 |
| BAKKEN | 3-2023 | 31 | 1508 | 1555 | 441 | 1752 | 0 | 1555 |
| BAKKEN | 2-2023 | 28 | 1384 | 1304 | 433 | 1603 | 0 | 1429 |
| BAKKEN | 1-2023 | 27 | 1549 | 1536 | 436 | 1763 | 0 | 1597 |
- 35690, 140, BR, Tailgunner 1E MBH, North Fork, t2/20; cum 471k 11/23;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 2 | 322 | 299 | 296 | 665 | 519 | 15 |
| BAKKEN | 10-2023 | 0 | 0 | 125 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2023 | 10 | 1370 | 1401 | 1085 | 5819 | 5195 | 78 |
| BAKKEN | 8-2023 | 31 | 4395 | 4239 | 3578 | 16324 | 14666 | 640 |
| BAKKEN | 7-2023 | 31 | 3835 | 4073 | 3362 | 15195 | 13829 | 420 |
| BAKKEN | 6-2023 | 27 | 3955 | 3922 | 3124 | 15123 | 13774 | 440 |
| BAKKEN | 5-2023 | 31 | 3923 | 3922 | 3363 | 14177 | 13202 | 177 |
| BAKKEN | 4-2023 | 30 | 4371 | 4339 | 2970 | 11776 | 10561 | 349 |
| BAKKEN | 3-2023 | 31 | 4602 | 4619 | 3694 | 17896 | 16731 | 204 |
| BAKKEN | 2-2023 | 28 | 4724 | 4718 | 3323 | 13896 | 12830 | 230 |
| BAKKEN | 1-2023 | 26 | 3821 | 3859 | 2596 | 8996 | 8088 | 303 |
| BAKKEN | 12-2022 | 13 | 1926 | 1906 | 1232 | 6022 | 5607 | 116 |
| BAKKEN | 11-2022 | 30 | 4509 | 4490 | 3049 | 14759 | 13405 | 366 |
| BAKKEN | 10-2022 | 31 | 4887 | 4878 | 3723 | 18487 | 17014 | 356 |
| BAKKEN | 9-2022 | 30 | 5116 | 5104 | 3924 | 18855 | 17409 | 375 |
| BAKKEN | 8-2022 | 28 | 4717 | 4709 | 3626 | 17919 | 16525 | 347 |
| BAKKEN | 7-2022 | 30 | 5614 | 5666 | 4142 | 20066 | 18487 | 409 |
| BAKKEN | 6-2022 | 30 | 5927 | 5983 | 4477 | 20025 | 17907 | 628 |
| BAKKEN | 5-2022 | 31 | 6069 | 6087 | 4396 | 19601 | 17319 | 610 |
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Initial Production Of The DUCs Reported As Completed Today
The wells:
- 37648, 279, BR, Tailgunner 2D, MBH, McKenzie, no data;
- 39125, 712, Iron Oil, Stocke 3-4-9H, McKenzie;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
- 39126, 821, Iron Oil, Stocke 2-4-9H, McKenzie;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
- 39446, 4,183, MRO, Claudia 24-33H, Killdeer, Dunn County;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 24 | 45438 | 45243 | 53159 | 31677 | 28267 | 3301 |
- 39470, 2,074, MRO, Sagler 21-4TFH, Killdeer, Dunn County;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 5 | 6166 | 6139 | 15659 | 3837 | 3427 | 397 |
- 39699, 1,616, MRO, Demaay 21-4H, Killdeer, Dunn County:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 2 | 0 | 0 | 11 | 0 | 0 | 0 |
- 39700, 3,769, MRO, Arlene 11-4TFH, Killdeer, Dunn County;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 29 | 38339 | 38308 | 57689 | 27148 | 24223 | 2831 |
| BAKKEN | 10-2023 | 4 | 10081 | 9947 | 16952 | 6283 | 6190 | 53 |
- 39701, 5,266, MRO, Elaine 41-5H, Killdeer, Dunn County; 36,485 bbls over 10 days extrapolates to 108,455 bbls over 30 days;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 28 | 41168 | 41477 | 50452 | 27224 | 24302 | 2828 |
| BAKKEN | 10-2023 | 10 | 36485 | 35999 | 49473 | 24907 | 24536 | 211 |
- 39702, 4,436, MRO, Barsness 41-5TFH, Killdeer, Dunn County; 31,949 bbls over 14 days extrapolatess to68,462 bbls over 30 days:
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 29 | 30961 | 31253 | 49968 | 23419 | 20886 | 2452 |
| BAKKEN | 10-2023 | 14 | 31949 | 31524 | 57254 | 20653 | 20347 | 174 |
- 39852, 1,580, SOGC (Sinclair), Hovden Federal 5-20H, Little Knife, Dunn County;
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 11-2023 | 9 | 12831 | 12069 | 25367 | 17060 | 0 | 17026 |
Natural Gas -- January 29, 2024
Locator: 46680NATGAS.
Three headlines over at oilprice this a.m. that caught my attention:
- spending on natural gas to top $1 trillion over next decade;
- Alaska's state-sponsored LG projects struggling to find investors;
- massive new Russian natural gas pipeline to China faces delays
And then this, also today:
Eight Wells Coming Off Confidential List -- January 29, 2024
Locator: 46678B.
Three headlines over at oilprice this a.m. that caught my attention:
- spending on natural gas to top $1 trillion over next decade;
- Alaska's state-sponsored LG projects struggling to find investors;
- massive new Russian natural gas pipeline to China faces delays
Market comment: link here.
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Back to the Bakken
WTI: $77.70.
Monday, January 29, 2024: 53 for the month; 53 for the quarter, 53 for the year
39726, conf, WPX, Bull Moose 28-27HD,
39153, conf, Hess, RS-F Armouur-156-92-1224-3,
Sunday, January 28, 2024: 51 for the month; 51 for the quarter, 51 for the year
39725, conf, WPX, Bull Moose 28-27HT,
39152, conf, Hess, RS-F Armour-156-92-1224H-2,
39050, conf, Oasis, Bergem 5199 43-33 3T,
39049, conf, Oasis, Bergem 5199 43-33 2B,
40041, conf, CLR, Quale Federal 4-1H,
35367, conf, Enerplus, Possum 152-94-23CH-TF2,
RBN Eneergy: new LN export capacity upends Texas / Louisiana natural gas fundamentaals.
Big changes are coming to the new epicenter of the global LNG market: Texas and Louisiana. On top of the existing 12.5 Bcf/d of LNG export capacity in the two states, another 11+ Bcf/d of additional capacity is planned by 2028. The good news is that the two major supply basins that will feed this LNG demand — the Permian and the Haynesville — will be growing, but unfortunately not quite as fast as LNG exports beyond 2024. And there’s another complication, namely that the two basins are hundreds of miles from the coastal LNG terminals, meaning that we’ll need to see lots of incremental pipeline capacity developed to move gas to the water.
If we break it down further, looking at Texas and Louisiana separately, we see quite different fundamental dynamics. On the Louisiana side, LNG exports are set to rise faster than production in the state, while in Texas, the pace of production growth generally matches the combo of LNG and Mexico exports for a few years, but eventually lags behind as new LNG terminals come online, requiring the state to pull more gas in from Oklahoma or send less to Louisiana. These developments will drive highly dynamic market conditions, with flow shifts that will impact price differentials, the need for new pipeline infrastructure, and the gas sourcing strategies for LNG exporters.