Sunday, March 10, 2019

The CLR Anderon Wells In Willow Creek

The well:
  • 21670, 923, CRL, Anderson 1-4H, Willow Creek, t6/12; cum 340K 11/19;
Recent production, not subtle jump in production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-201931455246576396568852850
BAKKEN12-201823420542556342492646440
BAKKEN11-20182734604044600740443223554
BAKKEN10-2018315666544510795784848242631
BAKKEN9-2018148033273333906585238
BAKKEN8-20180000000
BAKKEN7-2018001430000
BAKKEN6-2018126498425719197710
BAKKEN5-201831177915341349254923010
BAKKEN4-201830174418771283277610291507
BAKKEN3-20183119172157141829052291368

This well is just west of the newer CLR Anderson wells that have been recently fracked and will be reported this week.

The Anderson wells sited in section 4-152-100 (will be completed later):
  • 28527, 1,140, CLR, Anderson 3-4H, Willow Creek, t11/14; cum 364K 11/19; subtle jump in production; decline rate reversed (DRR)
  • 28526, 746, CLR, Anderson 2-4H1, Willow Creek, t10/14; cum 204K 11/19; DRR;

  • 21670, 923, CLR, Anderson 1-4H, Willow Creek, t6/12; cum 340K 11/19; DRR; huge jump in production in 10/18, going from 2K/month to 6K/month;

  • 31604, PNC, CLR, Anderson 4-4H1,
  • 34614, 1,666, CLR, Anderson 4X-4H1, Willow Creek, t10/18; cum 174K 10/19; off line 11/19;
  • 31603, PNC, CLR, Anderson 5-4H,
  • 34623, 1,918, CLR, Anderson 5X-4H, huge well; 43K FFU30; t10/18; cum 233K 11/19;
  • 31602, PNC, CLR, Anderson 6-4H1,
  • 34624, 1,740, CLR, Anderson 6X-4H1, huge well; 31K FFU30; t10/18; cum 181K 11/19;
  • 31601, PNC, CLR, Anderson 7-4H,
  • 34625, conf, CLR, Anderson 7X-4H, huge well; 44K FFU30; t10/18; cum 234K 11/19;

  • 34441, PNC, CLR, Anderson 8-4H1,
  • 34641, 1,899, CLR, Anderson 8X-4H1, huge well; 30K FFU30; t10/18; cum 190K 11/19;
  • 34504, PNC, CLR, Anderson 7-4H,
  • 34642, 1,874, CLR, Anderson 9X-4H, huge well; 39K FFU30; t11/18; cum 239K 11/19;
  • 34505, PNC, CLR, Anderson 10-4HHSL1,
  • 34643, 1,651, CLR, Anderson 10X-4HSL1, huge well; 26K FFU30; t10/18; cum 145K 11/19;
  • 34506, PNC, CLR, Anderson 11-4HSL,
  • 34644, conf, CLR, Anderson 11X-4HSL, huge well; 40K FFU30; t10/18; cum 266K 11/19;

Global Warming Update In Minnesota -- March 10, 2019

From a reader this morning on the state of winter/spring -- snow/rain affairs in Minnesota.
So far this winter / spring:  69 inches of snow and .72 inch rain.
We are forecast to have rain on Tuesday, Wednesday, and Thursday this week, approximately 1.4 inches of rain.

East of here near Rochester, MN, add about 15-20 inch on to the snow total.

The whole region: both Dakotas, all of Minnesota, Wisconsin, and the two-thirds of Iowa have snow, snow, and more snow.

On top of that, the entire region was put into winter WET.

Folks I know around here from years ago (when they had whitetail deer season) could not cross the rivers, because the rivers were three-to-five feet deep. They remember because they could not get to their deer stands.

Thursday evening, a local weather station in Mankato (KEYC) Keyc were suggesting that this year's "flood" season could be like it was in 1965 - 1966. In the rural areas there are some roads that have a 25 -100-yard-long snow drift on one or both sides, drifts that are 6-7 ft tall.

South bound highways in the area are bad, but the east/west highways are even worse.
Some suggest that this winter ranks up there with:
  • 1965-1966, Mapleton, 
  • 1976 - 1978, Akeley, 
  • 1997- 1998, Akeley, and,
  • 2010 - 2011 in Bowman, ND.
The reader looks for a baby boom late this year. 
I forget the year, but I do remember the huge floods Iowa experience on I-29; shut down the interstate for a long, long time.

And I doubt anyone in North Dakota/Minnesota will forget the Red River - Grand Forks 1997 fire and flood.  

***********************************
Meanwhile: A Reminder To Move Clocks One Hour Ahead

New Resource Site: For Mineral Owners

The biggest shortcoming on my site: links for mineral owners. It seems such sites come and go, are few and far between. The number of those folks receiving royalty income from the Bakken should be increasing exponentially:
  • early on: the original landowner, the homesteader, one individual with perhaps four surviving children (first)
  • then: the four surviving children, my dad's generation, the greatest generation, gradually passing away (second)
  • then, three or four children of those four surviving children, the baby boomers, now sixteen mineral owners from the original homesteader (third)
  • next, two or three children from those baby boomers, my children's generation, and we are up to 32 mineral owners from the original owner (fourth)
  • and, after that, one or two children from my children's generation; the iGeneration, my grandchildren's generation, and we are to 32 - 64 mineral owners (fifth)
The homesteader probably received little to no royalties, and really didn't follow the oil sector in North Dakota all that much.

The second generation, older, many of them seniors when the Bakken boom hit its stride, were getting huge royalty checks, but didn't understand how it all worked.

One or two members of each extended family in the third generation began to take an interest in the boom; helped the family set up trusts; some may have become active in ND politics shaping the oil sector; probably the most active generation;

Each succeeding generation -- with smaller and smaller royalty checks; simply because the minerals were spread out among so many heirs; most in this generation will have less interest in understanding how it works, simply because the beneficiaries of the original landowner and the one or two members of the extended family in the third generation that "put things on auto-pilot."

Those in the fourth, fifth, and future generations may look for more information regarding mineral rights.

All mineral owners will all of a sudden have to deal with taxes, and perhaps K-1s for the first time.

A reader has sent me a link to a "new" site -- at least "new" to me.
  • I have not seen it until now, but it will be linked at the sidebar at the right, as well as at the tab above. at the tab at the top: Minerals
  • at the link at the sidebar: near the top, "the top seven" to start your day.
Link here: Mineral Section - Mineral Rights.

Mexico Foreign Exchange Reserves -- March 10, 2019

Heavy oil revenue at expense of Venezuela? Not really. See this link.

Link here:



The WPX Young Bird Wells In Spotted Horn

Updates

April 7, 2020: see this note.


The Wells

The wells:
  • 34974, 2,403, WPX, Young Bird 34-27HQL, Spotted Horn, a Three Forks well, 20' below the top of the Three Forks; less than two full days to drill the vertical; less than a full day to drill the curve; less than a full three days to complete the lateral (wow); target window, 20-feet thick; 50 stages; 8.5 million lbs, t1/19; cum 405K 3/20; 51K month; cum 539K 9/21; cum 574K 5/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20193129420294202475035530319890
BAKKEN4-20193030235302352588437545339290
BAKKEN3-20193132592328052518339577352310
BAKKEN2-201928510475113629925460962873610483
BAKKEN1-201920378653756125745341931636513776
BAKKEN12-20180000000
  • 34741, 3,384, WPX, Young Bird 34-27HA, Spotted Horn, t1/19; cum 378K 3/20; cum 462K 9/21; cum 490K 5/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-201931317713177910152527723168017298
BAKKEN4-201930289002886310630480023275911770
BAKKEN3-201931315223166713004523583298915135
BAKKEN2-201928412024108819378602663209622347
BAKKEN1-201931456574548129921873131147770951
  • 34740, 4,424, WPX, Young Bird 34-27HW, Spotted Horn, t1/19; cum 339K 3/20; cum 394K 9/21; cum 415K 5/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-2019221613316186900116971130171886
BAKKEN4-20193022480224581351229184263980
BAKKEN3-20193126069261392028233806301550
BAKKEN2-20192827056270482121733124254403373
BAKKEN1-20192347358471763318257614779344754
BAKKEN12-20180000000
  • 34739, 3,198, WPX, Young Bird 34-27HE, Spotted Horn, t1/19; cum 352K 3/20; cum 441K 9/21; cum 475K 5/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-2019312620326249606631339258852256
BAKKEN4-2019303005030022887436756331600
BAKKEN3-20193135011350351023842892382850
BAKKEN2-201928264472644312809351391965611237
BAKKEN1-20192447352471702213265240860751566
BAKKEN12-20180000000

*************************************

The wells:

  • 34974, conf, WPX, Young Bird 34-27HQL, Spotted Horn,
DateOil RunsMCF Sold
1-20193756116365
  • 34741, conf, WPX, Young Bird 34-27HA, Spotted Horn,
DateOil RunsMCF Sold
1-20194548111477
  • 34740, conf, WPX, Young Bird 34-27HW, Spotted Horn,
DateOil RunsMCF Sold
1-2019471767793
  • 34739, conf, WPX, Young Bird 34-27HE, Spotted Horn,
DateOil RunsMCF Sold
1-2019471708607

The graphics: