The Million Dollar Way (The Bakken Oil Blog)

Monday, January 29, 2024

SCCO Cuts Dividend -- January 29, 2024

Locator: 46685DIV.

From $1.00 to 80 cents. Payable 2/29/24.

Grayson Mill Cuda Wells -- Round Prairie West Of Williston -- January 29, 2024

Locator: 46684B.

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Updated March 21, 2024

Williams County deed:

NDIC - Grayson Mill permit:

Scout ticket:

Production:

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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

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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;

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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;

See an update on the Grayson Mill Fleck wells here.

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

Rent Deflation -- January 29, 2024

Locator: 46681RENT.

Rent, link here:

Everybody talks about soft landing vs hard landing. My thoughts? A "touch-and-go." Link here.

More deflation. Link here.

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Mardi Gras Treat