Showing posts with label Fracking. Show all posts
Showing posts with label Fracking. Show all posts

Thursday, April 9, 2026

Whatever Happened To All Those Folks Who Tried To Stop Fracking? One Still Needs To Ask Who Pushed That Agenda -- The Usual Suspects Starting With The Saudis -- April 9, 2026

Locator: 50477FRACKING. 

Tag: Vaca Muerta. 

Updates

April 9, 2026: A headline from the oilprice website today -- April 9, 2026. With every such headline, oil from Saudi Arabia becomes less important.

Original Post 

A headline from the oilprice website today. 

I'm loving it!

*************************
The Day The Music Died


 

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Sunday, January 26, 2025

Jump In Production Multiple Times -- Grayson Mill -- Rolla State -- January 26, 2025

Locator: 44779HALO.

The well:

  • 24454, 1,382, Grayson Mill/Newfield, Rolla State 152--97-1-12-2H, t4/13; cum 130K 4/15; cum 338K 11/24; jump in production, 1/16; huge jump in production 12/21; jump in production, 9/24;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20243035763720484413852137248
BAKKEN10-202431396338647903133881325113
BAKKEN9-202430394640329249116261145155
BAKKEN8-202431379835741525710697105730
BAKKEN7-2024631626532047697450
BAKKEN6-20248139302732147814480
BAKKEN5-202431707852182310352102280
BAKKEN4-202430823531397836582450
BAKKEN3-2024319721324383139212680
BAKKEN2-2024291070857848786877520
BAKKEN1-202423501230439308629940
BAKKEN12-2023318071115143874586220
BAKKEN11-20233011531111132699368850
BAKKEN10-20233112361184107363136310
BAKKEN9-202330114810651992625162510
BAKKEN8-2023311145131069510690106900
BAKKEN7-2023311319115531411155108760
BAKKEN6-20233015731447127313334130640
BAKKEN5-202331501809706353560
BAKKEN4-2023301401133581312420
BAKKEN3-20233117741798341368890
BAKKEN2-20232811931419312221219600
BAKKEN1-2023171271937309438942770
BAKKEN12-2022229561142574131811690
BAKKEN11-20223020481970481296126910
BAKKEN10-202231230622421276820779280
BAKKEN9-2022278461055533510148964
BAKKEN8-20223117801614322721869390
BAKKEN7-202231166816363392644164410
BAKKEN6-202230158115982854387338730
BAKKEN5-202228201318054115492649260
BAKKEN4-2022116727352413291229120
BAKKEN3-20226308421210
BAKKEN2-202225388939426661146891466029
BAKKEN1-20223110802106771147326690266900
BAKKEN12-20213115847160391689828095278160
BAKKEN11-202119769477421538313053128852
BAKKEN10-20211445155839231221990
BAKKEN9-20213011411124438611058400
BAKKEN8-20213110021145568806577860
BAKKEN7-20213116201554643770574260
BAKKEN6-2021301192973295690366330
BAKKEN5-202131119512422026403610420
BAKKEN4-20213012501160417660263320
BAKKEN3-20213112391231602769574160
BAKKEN2-202128122613423188306797093
BAKKEN1-2021312518258246513985137110
BAKKEN12-20202817911481462295327070
BAKKEN11-20200000000
BAKKEN10-20209000119450
BAKKEN9-20201769305504362890
BAKKEN8-202031804596297148212030
BAKKEN7-202031746906318159413150
BAKKEN6-2020301027895460216318970
BAKKEN5-2020200151651650
BAKKEN4-20201951158428310468880
BAKKEN3-202031983937338155112720
BAKKEN2-20202910181194235162413630
BAKKEN1-202031117095538589059318
BAKKEN12-201931111111503889466661
BAKKEN11-2019301059120552012609855
BAKKEN10-201931669568653135110720
BAKKEN9-201930633744537252422540
BAKKEN8-201931703572762299427150
BAKKEN7-20193181010081982700235962
BAKKEN6-201930852680188244421851
BAKKEN5-201931111113683082673229698
BAKKEN4-201930132197927524761950256
BAKKEN3-201931144516321932810251912
BAKKEN2-201928102510821722131186415
BAKKEN1-201931755597193137510960
BAKKEN12-201831742632225218319040
BAKKEN11-2018307281036213182815580
BAKKEN10-201831742663293254722680
BAKKEN9-201830783841277331930490
BAKKEN8-201831975827432354432870
BAKKEN7-201831937871123333430550
BAKKEN6-201830947956170295627050
BAKKEN5-201830868959159287326150
BAKKEN4-201830104210331763028275312
BAKKEN3-2018311160985201333130520
BAKKEN2-20182810051319148258623340
BAKKEN1-20183112841292197319129120
BAKKEN12-20173112949883223590325160
BAKKEN11-20173011741210289308628160
BAKKEN10-20173112801551295308928100
BAKKEN9-2017301084913313297626988
BAKKEN8-20173110481125280317528960
BAKKEN7-20173110891096363361633373
BAKKEN6-201730121710273353646335442
BAKKEN5-20173114321521472383635680
BAKKEN4-2017303182602398296835
BAKKEN3-2017317598604171887159224
BAKKEN2-20172813291495417341531630
BAKKEN1-20173115791502618415938800
BAKKEN12-20163113881370340318229100
BAKKEN11-201630140913224823764351010
BAKKEN10-201631236926095396506618856
BAKKEN9-20163023322140573590356340
BAKKEN8-20163124672525602603757740
BAKKEN7-201631269728457306789650721
BAKKEN6-201630367136079151272212331121
BAKKEN5-20163144294424994128191251822
BAKKEN4-20163039083832798932690542
BAKKEN3-2016274199404494399599579149
BAKKEN2-201629637665191152173191704414
BAKKEN1-201631101531069915772263621794563
BAKKEN12-2015197354673814781356812582816
BAKKEN11-20152333123029748128757
BAKKEN10-20153112001145129728011930592
BAKKEN9-201515000300
BAKKEN8-2015311903203841230322437379
BAKKEN7-20153127792693605505328451947
BAKKEN6-20153020902308475360011322238
BAKKEN5-20153127302728522463112463115
BAKKEN4-2015302949313759849134468175
BAKKEN3-2015312597215469734102523608
BAKKEN2-201528246528524743167287540
BAKKEN1-20152924412139462265226520
BAKKEN12-2014311963211486629872834153
BAKKEN11-2014301929230410124292427022
BAKKEN10-20143136723548153189838672311
BAKKEN9-2014303905354815169344928263
BAKKEN8-2014302044219610844557452335
BAKKEN7-20143137313692204717165140933073
BAKKEN6-20143050395227268620460145495910
BAKKEN5-201429390036471741929278571435
BAKKEN4-201427153921635581412893518
BAKKEN3-20143141493571137679737785189
BAKKEN2-2014283861377715119878986314
BAKKEN1-201431525054432099146981461088
BAKKEN12-2013315144523113621364413444200
BAKKEN11-20133055625379142920849188062043
BAKKEN10-2013316822666716861399313074919
BAKKEN9-2013306441657716971352513208317
BAKKEN8-20133174047395228218563166271936
BAKKEN7-2013311073611361295111560011560
BAKKEN6-201330137831372844401921920
BAKKEN5-201331209242043911084000
BAKKEN4-201329209016353445000
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Sunday, October 6, 2024

Montana Re-Fracks -- October 6, 2024

Locator: 48514FRACKING.

Link here.

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Tuesday, June 6, 2023

XOM: Could Double Shale Production With New Technology, Completion Strategies -- June 6, 2023

Locator: 44850B.

From a reader:

Funny they bring up fracking & refracs in this Exxon article (see below).
We haven’t seen any refrac activity on any of our mineral tracts in any of about nine counties since 2919. That’s not how good operators run wells that have been  & still are above great rocks with more OIP/oil in place.
Thing is it’s good for oil & gas interest asset owners & operators to leverage wells that have fallen to slower production. I agree with Exxon that a lot of oil is being left in the rocks & frac technology can be leveraged on new & existing wells, a win/win for ND & all involved in my honest opinion.
Good topic to review possibly on your blog. I may have missed some articles, not certain. I can’t be the only owner not seeing refracs since Covid struck? 🧐😉

ExxonMobil: New Fracking Technology Can Double Oil Output
https://oilprice.com/Energy/Energy-General/ExxonMobil-New-Fracking-Technology-Can-Double-Oil-Output.html

I had a note on this subject in draft for several days before getting the note above from that reader yesterday.

Here's my reply:

Poorly written but I want to get this subject off my desktop. I think folks will understand what I'm trying to say, though poorly written. It was written quickly in an "In 'N Out" hamburger restaurant in Richardton, TX, yesterday, while waiting to interview a cybersecurity expert. 

Here's the note, unedited, not proofread, and not ready-for-prime-time:

XOM talk about doubling production from shale oil with new technology / new completion strategies.
This is the “Disney conundrum.” To get investors excited about potential of shale holdings and to "talk their book" to investors, XOM can post stories about “doubling” production from existing properties with new technology and new completion strategies.

But by doing so, they make surrounding acreage that much more valuable/costly/expensive, which means that if XOM wants to buy neighboring minerals, they will pay a higher premium.

My hunch, XOM knew about “doubling” production with new technology / new completion strategies many years ago, but now that most folks are aware of that, XOM felt safe to start talking about it.

Everything that follows is anecdotal based on following the Bakken for over a decade now.

All older Bakken wells, certainly those with file numbers below 25XXX need to be re-fracked (or re-drilled). The first Bakken wells began with five numbers around 165XX. Older Bakken wells were fracked with old completion strategies.


Some/many/most of those older wells will not be re-fracked or re-drilled. Operators will simply plug and abandon them and start over in the same location with a minimum of four to six wells on a paid ini the same location.

They’re probably able to drill and complete two wells these days for the price of one well at the time of the original Bakken boom (2000 in Montana, 2007 in North Dakota through 2010, or thereabouts).

And at the end of the day, instead of one parent well ini a given location, any given operator will have four to eight wells in that same location (on the same, but much larger pad). In addition, the infrastructure for getting out to the site (a road) and the pad will already be in place. Infrastructure of gathering oil production and getting it into regional pipelines will also already be in place, saving money, time, and minimizing further environmental impact.

So there’s that.

Now, with regard to re-fracking, I’m not aware of much re-fracking per se. Which suggests to me that Mike Papa (EOG) may have been correct, suggesting it will simply be more feasible to simply re-drilling wells rather than re-fracking existing wells.

The impact of fracking new wells on production of neighboring old wells is interesting, exciting and very rewarding for mom-and-pop mineral owners where one or two or four new wells definitely impact their “mailbox money.” However, for big operators, it’s unlikely that this effect, which I refer to as a “halo” effect has much impact for a big operator.

To specifically answer the question: why are we seeing so few re-fracks in the Bakken. 

Answer: operators are managing their assets. I'll talk more about this later. We've addressed it before. Operators are generally "E&P" companies, focused on "E" as much as on "P."

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Sunday, May 7, 2023

Are We Seeing Another Incremental Improvement In The Bakken? May 7, 2023

Locator: 44586B. 

An incremental goal in the Bakken is to land a nice well (a nice 30-day IP), and then maintain that production for as long as possible. Anecdotally we get a huge number in the first month or so and then by the third month the dreaded Bakken decline sets in. 

But look at these wells coming off the confidential list this next week.

The wells:

  • 38971, conf, Hess, GO-Aslakson-156-97-2734H-2, Dollar Joe,
DateOil RunsMCF Sold
3-20232130073147
2-20232263056813
1-20232266558531
12-20222531255772
11-20222310936046
  • 37179, conf, Hess, EN-Davenport-156-94-1003H-8, Big Butte,
DateOil RunsMCF Sold
3-20232266839739
2-20232644835198
1-20232892327965
12-20223222528201
11-20223553523417
  • 37177, conf, Hess, EN-Davenport-156-94-1003H-6, Big Butte,
DateOil RunsMCF Sold
3-20232532345923
2-20232977742571
1-20232131126111
12-20223078426808
11-20224228616070
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