Thursday, March 8, 2012

A Random Look At A Few Dawson Bay Pool Wells in Dolphin Field -- The Williston Basin, North Dakota, USA

 Dawson Bay Oil Field monster wells

Quite some time ago a reader sent me a note suggesting I take a look at the Dawson Bay pool wells in Dolphin oil field. It took me quite a while to finally get to those wells, but I am glad I did.

Here we have another group of wells in another "unknown" payzone in the Williston Basin. I used to say the Bakken never fails to amaze me. I should have said, the Williston Basin never fails to amaze me.

The Dolphin oil field is in the southeast corner of Divide County, north of Tioga, North Dakota, the "oil capital of North Dakota."
  • 12017, 1,559, CLR, Bakken 1, Dawson Bay pool, Dolphin field, s9/86; t11/86; PNA; cum 351,424 bbls; 9/92
  • 12071, 955, CLR, Bernice 1, Dawson Bay pool, Dolphin field, s12/86; t1/87; AL; cum 275,721 bbls; 1/12; 
  • 12085, 823, CLR, Rivers 1, Madison River pool, Dolphin field, s2/87; t5/89; AL; cum 582,676 bbls 1/12;
  • 12086, 360, CLR, Osborne 1, Dawson Bay pool, Dolphin field, s2/87; t3/87; AL; cum 1,237,223 bbls; 1/12
  • 12114, 250, CLR, WSP 21-30, Dawson Bay, Dolphin field, s7/87; t9/87; AL; cum 537,045 bbls 1/12;
  • 12149, 463, CLR, Skor 1, Dawson Bay, Dolphin field, s7/87; t9/87; PNA; cum 270,992 bbls, 4/05; 
I am always amazed -- more than amazed -- when I see a well in the Williston Basin that has produced more than a million bbls. The Rivers 1 well produced 1.24 million bbls over the course of 25 years, and is still producing albeit very little.

Most interesting is to see CLR associated with these wells. CLR did not drill these Dawson Bay wells; they were drilled by another producer.

Random Note on Hess' Mogen Well in the Hawkeye Oil Field

I first blogged about this well one month ago, February 8, 2012.

A reader alerted me to an update. At the end of December, the well had produced 64K of oil; one month later, the well had gone over the 100K mark.

Here are the production numbers for this one well:
  • 14 days in November, 2011: 19,576 bbls
  • 31 days in December, 2011: 43,929 bbls
  • 31 days in January, 2012: 37,827 bbls
One word: wow.

If you haven't gone to the link above, go now and look at the data points near the end of that posting. The Hawkeye is in the bull's eye of the Bakken and some say it may be 200 feet thick.

We're still learning about the Bakken.

When one sees wells like this, one wonders if the Bakken is even bigger than the most optimist of us.

For newbies: right, wrong, or indifferent -- I consider a well paid for when it reaches the 100,000-bbl milestone and the price of oil over $100. Yes, I have heard all the arguments, but right, wrong, or indifferent, it's an important milestone in my mind. This well reached this milestone in 2.5 months, and will go on producing for 30 years. And, yes, the decline will be hyperbolic.

No Surprise: All Political Theater --- Senate Kills Keystone XL 2.1

Let them eat cake -- Michelle
Oil is the fuel of the past -- The President

Link here.

The majority of US senators want it, but couldn't muster the 60 votes. It was a foregone conclusion before the vote that "they" didn't have the votes. Two Republicans did not even bother to show up. Their votes would have brought the total to 58, still two short. Everyone knew going in what the vote count would be.

Meanwhile, $6 gasoline in California; $4.00 gasoline for the average American, and $3.79 gasoline is the national average. And oil futures tonight are up another 13 cents, to $106.71.

[$6 gasoline link can be found at Drudge report, 17:17:17, March 7, 2012; the other data can be found at this posting.]

For investors, ChevronTexaco (CVX) is less than a buck from an all-time high. Not a 52-week high, but an all-time high and pays a 3 percent dividend. This is not an investment site, so I have no idea what US savings bonds are yielding. See disclaimer.

And just to add a bit of excitement to another day marked by 6 hours of talk about the Greek bailout, Israel has asked for "bunker busters" and refueling planes from the US. Here we go. My hunch: Israeli pilots have six months to get up to speed on a) how to target sites deep under the desert; and, b) mid-air refueling over a foreign country.

Seven (7) New Permits -- Zavanna and the "Cats" -- The Williston Basin, North Dakota, USA

Daily activity report, March 8, 2012 --

Operators: Whiting (3), Zavanna, Marathon, Triangle, OXY USA

Fields: Stony Creek, Sand Creek, Deep Water Creek Bay, Rosebud, and Manning

Three wells were released from "tight hole" status today, one of which was not completed/fracked, but did include this one:
  • 20107, 1,060, Slawson, Sauger Federal 2-22H, Mountrail, Bakken,
Otherwise a pretty quiet report.

But a bit of trivia:

Way back on October 25, 2009, I posted a few wells that I put on my "watch" list. The very first group of wells I listed were the Zavanna wells in Stony Creek oil field. They were all named after "cats," and I learned a few "new" cats that I had not heard of before including the serval. I shared that list of cats with my granddaughter (age 6 at the time) and she loved it. She actually learned something about cats.

Anyway for the longest time, not much came from these wells; I think I subsequently blogged about them (I can't recall, and won't search now) but I pretty much quit thinking about Zavanna and cats.

And then today, I see this new permit:
  • 22553, LOC, Zavanna, Sabertooth 1-24H, Stony Creek, Bakken
How cool is that. I need to go back and see if there are other Zavanna "cats" that I missed.

A Feel Good Story Over on Fox Business

I don't know how long this link will remain intact, but it's a link to "The Willis Report" and it discusses the "secrets" of North Dakota successes.