Whiting / Kodiak Koala Federal / Koala Wells In Poe Oil Field

Locator: 46835B.

Tracked here. This is an update.

The wells:

• 21303, 2,227, Whiting, Koala 2-25-36-16H3, Three Forks, Poe, t12/11; cum 269K 1/24, 25 stages;  79,818 bbls; 3,323,9225 lbs proppant; 1280 acres;
• 20319, 113, Whiting, Koala 2-25-36-15H, Poe, t12/11; cum 389K 1/24,
• 20413, 702, Whiting, Koala 2-25-36-14H3, Three Forks, Poe, t1/12; cum 130K 1/24,

• 32545, 2,814, Whiting, Koala Federal 31-25HU, Camp, 40 stages; 219,757 bbls, 10,187,726 lbs proppant, 2560 acres; t8/17; cum 336K 1/24;
• 32546, 2,774, Whiting, Koala Federal 31-25TFH, Poe, t8/17; cum 220K 1/24;
• 32547, 3,559, Whiting, Koala Federal 31-25H, Poe, t8/17; cum 303K 1/24;
• 32548, 3,438, Whiting, Koala 31-25-2TFH, Poe, t8/17; cum 220K 1/24;
• 32549, 4,214, Whiting, Koala 31-25-2H, Poe, t8/17; cum 313K 1/24;
• 32550, 2,082, Whiting, Koala 31-25-3H, Poe, t8/17; cum 307K 1/24;

The maps:

A 40-Year Old Madison Well On Indian Hill Approaching 500K Bbls Crude Oil Cumulative -- March 23, 2024

Locator: 46834B.

Growing up in Williston, Dad often took us south of Williston to go running up Indian Hill. The longer it's been since Dad passed away, the more I miss him, and all the great memories. I doubt we ever thanked Mom and Dad enough for all they did for us. 

But I digress. 

What's going on, today, on Indian Hill?

Glad you asked. A 40-year well, link here.

The maps:

The well:

10855, 120, Scout Energy, Fossum 14 1, Indian Hill, Madison formation, 9/84; cum 468K 1/24; 

Rate Cut -- March 23, 2024

Locator: 46833FED.

CNBC analysts based on JPow's comments: three more rate cuts this year (by the way, JPow did not say that at all; he said something completely different if folks were truly listening).

Raphael Bostic: one rate cut this year.

Me? No more rates before November, 2024.

Rig Counts? No Longer Matter (Don't Take That Out Of Context) -- March 23, 2024

Locator: 46832RIGS.

Link here. 

My response:

A recurring "theme" on the blog: rig counts no longer matter (don't take that out of context).

Is there any relationship between rig count and oil production any more -- at least in the shale patch?

What matters? Efficiency. Effectiveness. Cost to frack.

An Interesting Petro-Hunt Pad With An Old Well To Be Re-Entered; New Well To Be Fracked? March 22, 2024

Locator: 46831B.

This might be an interesting pad to follow.

This blog was done quickly while being distracted; there may be typographical and content errors.

A three-well Petro-Hunt pad in Little Knife oil field..

Curious:

• one new well has only been on line since August, 2021; a great well; abruptly off line as of 11/23;
• an old well, drilled back in 2012, taken off line in 2023, and is now back on confidential status; with HR -- horizontal re-entry;
• third well is a new permit / location and on confidential list; no available information;

The wells:

• 36079, loc/IA, Petro-Hunt, Hartman 144-97-5B-8-2H, Little Knife, t8/21; cum 185K 10/23; off line abruptly, 11/23;
• 20860, conf, Petro-Hunt, Hartman 144-97-5A-81HR, Little Knife, t7/12; last production, 10/23; lousy well; producing at only 1,000 bbls/month; to come off confidential list, 4/10/24;
  
• 38737, conf, Petro-Hunt, Hartman 144-97-5A-8-3H, Little Knife, to come off confidential list, 5/12/24;

With only this data, my hunch:

• drilling on this pad in progress or about to proceed;
• #20860: to be re-entered and re-fracked:
• #36079: taken off line while #20860 to be re-entered/re-fracked;
• 38737: on confidential; likely soon to be drilled

We'll see if any reader out there might have another idea.

The pad: