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Saturday, November 16, 2024

A Gaggle Of Petro-Hunt Wells Getting Ready To Be Fracked? November 16, 2024

Locator: 10010GAGGLE. 

Updates

November 16, 2024: most of the gaggle of wells are off line now, suggesting they are getting ready to frack these wells.

Original Post

See this note.

The parent well:

  • 17668, 1,163, Petro-Hunt, USA 3D-4-4H, Charlson, t9/09; cum 505K 8/19; cum 668K 1/21; cum 793K 7/22; recent production; cum 833K 9/23; cum 848K 3/24;
oolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-202231351735591287827533494277
BAKKEN6-202230387937711266965446304256
BAKKEN5-2022314741481817171303351987131
BAKKEN4-2022294548451018431229136938192
BAKKEN3-202229421641632009807910326764
BAKKEN2-20222856335711197014315214118
BAKKEN1-20223169416885231915670115452
BAKKEN12-2021316743684025781673140215676
BAKKEN11-2021307463746627421691227416124
BAKKEN10-20213181288150405617966017750
BAKKEN9-2021308814868143881688227639282
BAKKEN8-2021319383939746691794537129888
BAKKEN7-2021311071910747570920238415610607
BAKKEN6-2021301101811040730119146390210393

The daughter wells:

  • 38667, conf, Petro-Hunt, ...3A-33-5H,
  • 38668, conf, Petro-Hunt, ...3A-33-4H,
  • 38669, conf, Petro-Hunt, ...3A-33-3H,
  • 34653, 651, Petro-Hunt, ...3D-10-5H, Charlson, t2/21; cum 365K 7/22; cum 474K 3/24; cum 490K 8/24;
  • 34654, 903, Petro-Hunt, ...3D-10-6H, Charlson, t1/21; cum 407K 7/22; cum 558K 3/24; cum 757K 8/24;
  • 38670, conf, Petro-Hunt, ...3A-33-2H,
  • 38671, conf, Petro-Hunt, ...3A-33-1H,

Production:

  • 34653, TD = 1726! USA 153-95-3D-10-5H, t--;um 448K 9/23;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20223110060100833868549782313028642
BAKKEN6-20223010431104163921483262389421340
BAKKEN5-20223111468115044194411932044518614
BAKKEN4-20222911640117604290430242196319616
BAKKEN3-20223113519136304972410431564623760
BAKKEN2-20222813383133334211443912543416432
BAKKEN1-20223116488164214868487121267322480
BAKKEN12-20213119118190796021595421500527186
BAKKEN11-20213021340216086858607151690324933
BAKKEN10-20213124345241166698566441662419555
BAKKEN9-20213025246254096853536061056025334
BAKKEN8-20213128161281827652536121300925522
BAKKEN7-20213127081268756703466981026022922
BAKKEN6-20213027513275677475449641100620411
BAKKEN5-20213125002249146857380811193712141
BAKKEN4-2021302277322868613635972131019243
BAKKEN3-2021312318023036733228985205407611
BAKKEN2-2021282834128487101494405443007852
BAKKEN1-20211259065342130273887031336
  • 34654, TD = 17046!
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20223112205122616180609312696530264
BAKKEN6-20223013161131006531569032882224395
BAKKEN5-20223115021150687003571172904325133
BAKKEN4-20222915969160506068562992335431421
BAKKEN3-20223118748185867111521622101529022
BAKKEN2-20222818653188546986567903252421092
BAKKEN1-20223122769227748452605531580228096
BAKKEN12-20213124699247618617600291553026541
BAKKEN11-20213026649266548240571161608823059
BAKKEN10-20213127378272447462484901433516509
BAKKEN9-2021302823128182724948035981821749
BAKKEN8-20213132934331237704551741309426900
BAKKEN7-20213132411323448581529021154026159
BAKKEN6-20213034288341889256546221347524561
BAKKEN5-20213129004290048919445681388314435
BAKKEN4-20213027206271051024542134151422832
BAKKEN3-2021312574525853986031994232677794
BAKKEN2-20210000000
BAKKEN1-20212163110283192782744

The graphics:


at No comments:

An Old Madison Well Just Went Over One Million Bbls Crude Oil Cumulative -- #10973 -- Charlson

Locator: 44334B. 

On its way to 1,000,000 bbls:

  • 10973, 183, Petro-Hunt, CMNU A-203X, Madkson formation; Charlson, t9/84; cum 946K 11/18; see this post; cum 982K 5/22; cum 990K 2/23; cum 1.000827 million bbls oil 9/24; recent production: 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
MADISON9-20243082495813567154801339
MADISON8-20242979797112323144001238
MADISON7-20243180975414429161701401
MADISON6-20243087187313799155901353
MADISON5-2024226967091026111060956
MADISON4-202430107391413251151901310
MADISON3-2024256587091056711410972
MADISON2-20242873066114782138501198
MADISON1-20241836324889217140601

at No comments:

Updating A Huge Grayson Mill Well Southeast Of Williston -- #39366 -- Williston 30-31F XE 1H -- Catwalk -- November 16, 2024

Locator: 48749B.

The well:

  • 39366, drl/A, Grayson Mill, Williston 30-31F XE 1H, Catwalk oil field, Lot 4, section 19-154-100; Williams County; t1/24; cum 268K 9/24;

Full production:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-2024301275012765190772106620820246
BAKKEN8-2024311577215718227192532125141180
BAKKEN7-2024311741417419247553202931205824
BAKKEN6-20243024848248402943737742311686574
BAKKEN5-20243128253282653297933332321351197
BAKKEN4-20243035476354194163233771297644007
BAKKEN3-20243141380415265247434517248839634
BAKKEN2-20242629183295744648227343250882255
BAKKEN1-202428624326145084751443733056213811
BAKKEN12-20230000000

at No comments:

Updating A Monster Petro-Hunt Well -- Charlson Oil Field -- November 16, 2024

Locator: 10010PH_CHARLSON

Updates

November 17, 2024: a reader was nice enough to update the status of this well regarding whether it's on a pump or not:

You mention in your post about this well that you aren’t sure if it on a pump or not (see "original post" below). 

YES, it is on a pump---in NDIC terms: artificial lift (AL). 

The reader copied the top portion from the Scout data and on here highlighted in yellow where to see how you can see if it is FLOWING or pumping[AL]. 

 If you hover your mouse over the AL, it will say producing by artificial lift. This info will show up on both the home well page as well as on the page with the production data. The code definitions are on the well home page[not production data page]. When clicking on CODE DEFINITIONS, you will have a screen wherein the dropdown menu will give you the family of code definitions---this one appears under POOL STATUS.

November 16, 2024:

  • 16059, 729, Petro-Hunt, USA 2D-3-1H, Charlson, t10/06; cum 2.014984 million bbls 9/24; recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-20243019401929663821780080
BAKKEN8-20243121572107912907188550
BAKKEN7-202431173918361023102521000630
BAKKEN6-20243016521582842960193953
BAKKEN5-202431233023259881272612376134
BAKKEN4-20243021402142911115021128116
BAKKEN3-2024312023201698894218820415
BAKKEN2-20242299210045105952581060
BAKKEN1-20242812791337301822459612215
BAKKEN12-20233117081658565999398941
BAKKEN11-202330240924227841106110269617
BAKKEN10-202331284528421123110521082313
BAKKEN9-202330338233371406111011085240

Original Post 

A reader sent me the NDIC production history for this well, which I have on my "monster well" page.

This well began production in October, 2006. Now, exactly four years later (October 2010), the cumulative oil production for this well is 1,064,957 barrels. At $50/bbl, that's $50 million at the well head.

The well has shown minimal decline rate and is currently down to 13,000 bbls/month. At $75/bbl, that's $12 million/year. The well has been paid for. If it's on a pump (and I don't know that it is), it costs a few pennies a day to run the pump, and if there's a pipeline to the well now, there's minimal trucking costs.  But even if the oil is still trucked out, it's a heck of a well.

And that's why oilmen keep drilling: hoping for the big one.

The nice thing about the Bakken / Three Fork Sanish: there is seldom a dry hole, so even the less productive wells eventually pay for themselves and provide cash flow in the meantime. Can you imagine what it would be like if three out of ten wells were dry?

 

at No comments:

Grayson Mill Sorenson Federal #38745 -- Sand Creek -- Update -- November 16, 2024

Locator: 48748B.

The well:

  • 38745, 1,045/F/A, Grayson Mill, Sorenson Federal 153-96-9-4-12H, Sand Creek, t2/23; cum 310K 924; frack data: 29 stages; 162,012 bbls; Three Forks first bench;

Full production profile:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-202430284628386568324093228252
BAKKEN8-2024302848289959843280832506226
BAKKEN7-2024314277423880533880738277443
BAKKEN6-2024283630362776403187231600194
BAKKEN5-202431337033996489312203112724
BAKKEN4-2024303459345060923559035266252
BAKKEN3-202431473247118186437334361837
BAKKEN2-202429449944987934416554151767
BAKKEN1-2024315913591599414860748335195
BAKKEN12-2023316639662310728523195217177
BAKKEN11-20233078427845109465251252172272
BAKKEN10-20233089188965122995933559133202
BAKKEN9-20233087528694107065633356230103
BAKKEN8-2023319213920180696128660963323
BAKKEN7-202331128271287024077122112121544367
BAKKEN6-2023302565125660397201633751570856049
BAKKEN5-2023313271032760329601345281292325098
BAKKEN4-2023304571745709307591109281069723787
BAKKEN3-2023316684967077414671477291393418174
BAKKEN2-20232349504490962324295939887516997

at No comments:

Doug Burgum

Locator: 48746BURGUM.

From wiki: 

Douglas James Burgum, born August 1, 1956, is an American businessman and politician serving since 2016 as the 33rd governor of North Dakota.

He is among the richest politicians in the United States and has an estimated net worth of at least $1.1 billion. He is a member of the Republican Party.

Burgum was born and raised in Arthur, North Dakota (population 400, near Fargo, ND). 

After graduating from North Dakota State University in 1978 with a bachelor’s degree in university studies and earning an MBA from Stanford University two years later, he mortgaged inherited farmland in 1983 to invest in Great Plains Software in Fargo. 

Becoming its president in 1984, he took the company public in 1997. Burgum sold the company to Microsoft for $1.1 billion in 2001. 

While working at Microsoft, he managed Microsoft Business Solutions. He has served as board chairman for Australian software company Atlassian and SuccessFactors. Burgum is the founder of Kilbourne Group, a Fargo-based real-estate development firm, and also is the co-founder of Arthur Ventures, a software venture capital group.

Burgum won the 2016 North Dakota gubernatorial election in a landslide. He was reelected by a wide margin in 2020. In June 2023, Burgum launched a campaign for the 2024 Republican presidential nomination. He ended his candidacy in early December 2023, and became an advisor on the Trump campaign's energy policy. On November 14, 2024, Donald Trump announced his intent to nominate Doug Burgum as the next United States Secretary of the Interior.

******************************
Previously Posted

Link here. 

This is quite incredible. Think about this: Doug Burgum will have two roles. He will wear two hats. He will be secretary of a department in the Deep State as well as head a new "national energy council." By any other name, he will be the nation's energy czar. 

He (Doug Burgum) and Kamala Harris had similar political trajectories, though at opposite ends of the political spectrum and arising / coming out of entirely different sectors. One was a businessman well versed in information technology; the other, a liberal attorney general. 

The Peter Principal. 

Kamala Harris vs Doug Burgum.

One can barely play checkers; the other excels at 3-D chess.

at No comments:

Doug Burgum: In Addition To Department Of The Interior -- Will Chair The New National Energy Council -- November 16, 2024

Locator: 48745BURGUM.

Link here. 

This is quite incredible. Think about this: Doug Burgum will have two roles. He will wear two hats. He will be secretary of a department in the Deep State as well as head a new "national energy council." By any other name, he will be the nation's energy czar. 

He (Doug Burgum) and Kamala Harris had similar political trajectories, though at opposite ends of the political spectrum and arising / coming out of entirely different sectors. One was a businessman well versed in information technology; the other, a liberal attorney general. 

The Peter Principal. 

Kamala Harris vs Doug Burgum.

One can barely play checkers; the other excels at 3-D chess.

What does it mean to chair the (new) National Energy Council? 

In his new position, Burgum will lead a new National Energy Council, which will give the North Dakota governor a seat on the National Security Council and “oversee the path to U.S. ENERGY DOMINANCE,” Trump said in a statement.

************************
The Book Page

Vishnu's Crowded Temple: India Since The Great Rebellion, Maria Misra, c. 2007. Yale Press.

It's impossible to read everything, but in thirty minutes, a very close reading of the introduction to that book helped me understand what my Indian friend told me some months ago when she responded to a question I had asked about "India." 

I don't know if an outsider completely new to the topic of "India" would get much out of this introduction. Perhaps the introduction made sense to me since I had just completed reading an "entire" history of India:

  • India: A History, John Keay, c. 2000, 2010. 

It is impossible to summarize -- take out of context -- all that was written in that introduction but this is what stood out for me, page xxxiii:

More recently the advocates of liberalization have dreamt of an India integrated by information technology and software systems into a bright new age of cyber-equality.

Again, 

More recently the advocates of liberalization have dreamt of an Indian integrated by information technology and software systems into a bright new age of cyber-equality.

This book was written 2007. 

Wow, if that doesn't explain a lot. 

at No comments:

Money Market Fund -- Update -- November 16, 2024

Locator: 48744MMFS.

Money market funds, MMFs.

My favorite chart.

Link here. 

********************************
Starbucks

For the archives: why Starbucks is losing customers. Link to The New York Times.

From the linked article:

On Wednesday, Starbucks CEO, Mr. Niccol mentioned a few steps designed to win back customers. Starting with the introduction of the holiday menu in early November, Starbucks will no longer charge customers extra for nondairy milk, one of the most popular customizations. The company said it would also not increase prices for the 2025 fiscal year.

The company is also setting a goal of getting customers their orders in four minutes or less, Mr. Niccol said. Brewed coffee will now be delivered to customers at the register, and customers can customize their coffee themselves — adding milk and sweeteners — at the condiment stations that the company will be reinstalling. That should also alleviate some of the workload for baristas, Mr. Niccol said.

 *******************************
The Movie Page

Amazing the movies available on Amazon Prime.

Link to The New York Times.

at No comments: