The Greek Gods -- Enerplus -- Section 33-149-93 -- Mandaree Oil Field

Graphics:

Wells in the graphics:

• 23226, AB/752, Enerplus, Calypso 149-93-33C-28H TF, t3/13; cum 251K 4/19; off line as of 4/19; remains off line 6/22;
• 23227, 732, Enerplus, Atlas 149-93-33C-28H, t2/13; cum 263K 4/19; off line as of 4/19; a few days of production since then, 9/19; back on line, cum 282K 11/21; cum 291K 6/22;
  

• 34843, 132, Enerplus, Boreas ....H, Mandaree, t6/19; cum 142K 1/20; cum 252K 11/21; cum 283K 6/22;
  
• 34842, 342, Enerplus, Metis ....TF, Mandaree, t6/19; cum 115K 1/20; cum 191K 11/21; cum 216K 6/22;
  
• 34841, 1,012, Enerplus, Athena ....TF, Mandaree, t6/19; cum 102K 1/20; cum 168K 11/21; cum 190K 6/22;
  
• 34840, 504, Enerplus, Zeus ....H, Mandaree, t6/19; cum 169K 1/20; cum 256K 11/21; cum 273K 6/22;
  
• 34839, 1,065, Enerplus, Apollo ....TF, Mandaree, t6/19; cum 47K 1/20; cum 99K 11/21; cum 115K 6/22;
  
• 34838, 1,123, Enerplus, Hera 149-93-33D-28H, Mandaree, t6/19; cum 191K 1/20; see this post; cum 271K 11/21; cum 287K 6/22;
  
• 34837, 655, Enerplus, Homer ....TF, Mandaree, 6/19; cum 158K 1/20; cum 319K 11/21; cum 335K 6/22;
  
• 34836, 576, Enerplus, Nyx ....H, Mandaree, t6/19; cum 164K 1/20; cum 252K 11/21; cum 264K 6/22;
  
• 34835, 2,105, Enerplus, Eos ....TF, Mandaree, t6/19; cum 150K 1/20; cum 328K 11/21; cum 346K 6/22;
  

Initial Production Data For Wells Coming Off The Confidential List This Next Week -- A Lot Of DUCs? -- November 10, 2019

35605, conf, Whiting, Sylte 24-10-2H, Tyrone,

Date	Oil Runs	MCF Sold
9-2019	16085	15873
8-2019	19231	17039
7-2019	19382	16053
6-2019	10233	8073
5-2019	328	21

36039, conf, WPX, White Owl 32-29HY, Eagle Nest, no production data,
35835, conf, Kraken, Richard 19-20 1TFH, Sanish,

Date	Oil Runs	MCF Sold
9-2019	22973	10159
8-2019	23228	9565
7-2019	23801	9061
6-2019	23550	0
5-2019	308	0

35576, conf, CLR, Carus 9-28H, Cedar Coulee,

Date	Oil Runs	MCF Sold
9-2019	25751	29418
8-2019	42416	42767
7-2019	29129	29705
5-2019	1204	0

34722, conf, Oasis, Mildred Nelson 5298 12-25E 7T, Elidah,

Date	Oil Runs	MCF Sold
9-2019	21695	56586
8-2019	29157	72452
7-2019	31966	65915
6-2019	37263	66272
5-2019	12319	30001

36030, conf, RimRock, Skunk Creek 12-10-11-9H3B, South Fork, no production data,
35575, conf, CLR, Carus 8-28H1, Cedar Coulee,

Date	Oil Runs	MCF Sold
9-2019	26973	31541
8-2019	35243	40998
7-2019	16309	15285
5-2019	717	0

34884, conf, Hess, AN-Norby-152-94-0409H-2, Antelope, no production data,
36040, conf, WPX, White Owl 32-29HC, Eagle Nest, no production data,
36031, conf, RimRock, Skunk Creek 12-10-11-16H, Antelope, no production data,
34883, conf, Hess, AN-Norby-152-94-0409H-3, Antelope, no production data,
29923, conf, Oasis, O M Erickson 5501 44-7 7B, Missouri Ridge,

Date	Oil Runs	MCF Sold
9-2019	17611	13312
8-2019	21082	15092
7-2019	15064	11635
6-2019	23839	12384
5-2019	19616	9341

36032, conf, RimRock, Skunk Creek 12-10-11-16HA, South Fork, no production data,
34882, conf, Hess, AN-Norby-152-94-0409H-4, Antelope, no production data,
32053, conf, Oasis, O M Erickson 5501 44-7 8BX, Missouri Ridge,

Date	Oil Runs	MCF Sold
9-2019	15612	10426
8-2019	18043	10244
7-2019	20755	12535
6-2019	11682	5381
5-2019	14251	9167

36364, conf, Newfield, Schneiderman 150-99-29-32-2HLW, South Tobacco Garden,

Date	Oil Runs	MCF Sold
9-2019	22042	27228

36033, conf, RimRock, Skunk Creek 12-10-11-16HA, South Fork, no production data,
34881, conf, Hess, AN-Norby-152-94-0409H-4, Antelope, no production data,
34880, conf, Hess, AN-Norby-152-94-0409H-5, Antelope, no production data,  
34836, conf, Enerplus Nyx, 149-93-33D-28H, Mandaree,

Date	Oil Runs	MCF Sold
9-2019	31201	28016
8-2019	24298	15688
7-2019	32062	1095
6-2019	1373	0

34835, conf, Enerplus, Eos 149-93-33D-28H-TF, Mandaree,

Date	Oil Runs	MCF Sold
9-2019	25584	22972
8-2019	20763	13405
7-2019	22636	773
6-2019	232	0

30991, conf, BR, Gudcadia 8-1-26TFH-ULW, Dimmick Lake, no production data,
36296, conf, Newfield, Schneiderman 150-99-29-32-3H, South Tobacco Garden,

Date	Oil Runs	MCF Sold
9-2019	21317	21973

36035, conf, RimRock, Skunk Creek 12-10-14-1HU, South Fork, no production data,
36034, conf, RimRock, Skunk Creek 12-10-11-16H3U, South Fork, no production data,
30992, conf, BR, Gudmunson 7-1-26MBH, Elidah, no production data,
30113, conf, Oasis, Jensen 5501 44-7 7B, Missouri Ridge,

Date	Oil Runs	MCF Sold
9-2019	16796	13751
8-2019	21332	16855
7-2019	26499	19750
6-2019	19712	10720
5-2019	17221	11682

36300, conf, Newfield, Schneiderman 15-99-29-32-6H, South Tobacco Garden, no production data, 
33965, conf, CLR, Angus Federal 6-16H2, Elm Tree,

Date	Oil Runs	MCF Sold
9-2019	25305	22114
5-2019	1951	0

30993, conf, BR, Gudmunson 6-1-26TFH, Elidah, no production data,
35438, conf, Hess, GO-Elvin Garfield-156-97-1918H-6, Dollar Joe, no production data,
36299, conf, Newfield, Schneiderman 150-99-29-32-6H, South Tobacco Garden, no production data,
35439, conf, Hess, GO-Elvin Garfield156-97-1918H-7, Dollar Joe, no production data,

Wells Coming Off The Confidential List This Next Week -- November 10, 2019

Monday, November 18, 2019: 61 for the month; 156 for the quarter:
35605, conf, Whiting, Sylte 24-10-2H,

Sunday, November 17, 2019: 60 for the month; 155 for the quarter:
36039, conf, WPX, White Owl 32-29HY, 
35835, conf, Kraken, Richard 19-20 1TFH,
35576, conf, CLR, Carus 9-28H, 
34722, conf, Oasis, Mildred Nelson 5298 12-25E 7T, 

Saturday, November 16, 2019: 56 for the month; 151 for the quarter:
36030, conf, RimRock, Skunk Creek 12-10-11-9H3B,
35575, conf, CLR, Carus 8-28H1, 
34884, conf, Hess, AN-Norby-152-94-0409H-2, 

Friday, November 15, 2019: 53 for the month; 148 for the quarter:
36040, conf, WPX, White Owl 32-29HC, 
36031, conf, RimRock, Skunk Creek 12-10-11-16H,
34883, conf, Hess, AN-Norby-152-94-0409H-3, 
29923, conf, Oasis, O M Erickson 5501 44-7 7B, 

Thursday, November 14, 2019: 49 for the month; 144 for the quarter:
36032, conf, RimRock, Skunk Creek 12-10-11-16HA,
34882, conf, Hess, AN-Norby-152-94-0409H-4, 
32053, conf, Oasis, O M Erickson 5501 44-7 8BX,

Wednesday, November 13, 2019: 46 for the month; 141 for the quarter:
36364, conf, Newfield, Schneiderman 150-99-29-32-2HLW,
36033, conf, RimRock, Skunk Creek 12-10-11-16HA, 
34881, conf, Hess, AN-Norby-152-94-0409H-4, 
34880, conf, Hess, AN-Norby-152-94-0409H-5, 
34836, conf, Enerplus Nyx, 149-93-33D-28H, 
34835, conf, Enerplus, Eos 149-93-33D-28H-TF, 
30991, conf, BR, Gudcadia 8-1-26TFH-ULW, 

Tuesday, November 12, 2019: 39 for the month; 134 for the quarter:
36296, conf, Newfield, Schneiderman 150-99-29-32-3H, 
36035, conf, RimRock, Skunk Creek 12-10-14-1HU, 
36034, conf, RimRock, Skunk Creek 12-10-11-16H3U,
30992, conf, BR, Gudmunson 7-1-26MBH, 
30113, conf, Oasis, Jensen 5501 44-7 7B, 

Monday, November 11, 2019: 34 for the month; 129 for the quarter:
36300, conf, Newfield, Schneiderman 15-99-29-32-6H, 
33965, conf, CLR, Angus Federal 6-16H2,
30993, conf, BR, Gudmunson 6-1-26TFH, 

Sunday, November 10, 2019: 31 for the month; 126 for the quarter:
35438, conf, Hess, GO-Elvin Garfield-156-97-1918H-6, 

Saturday, November 9, 2019: 30 for the month; 125 for the quarter:
36299, conf, Newfield, Schneiderman 150-99-29-32-6H, 
35439, conf, Hess, GO-Elvin Garfield156-97-1918H-7, 

Peak Oil? What Peak Oil? Iran Reports Huge Crude Oil Discovery -- November 10, 2019

Iran can't be trusted with reports like this, but in this case, there's nothing to suggest this report is bogus. Putting this in perspective: this is like finding another Bakken.

Link here. Data points -- with a bit of politics and opinion throw in --

• Iran
• new oil reservoir called "Namavaran"
• previously proven reserves in the field: 31.3 billion bbls
• new proven reserve in the field: 22 billion bbls
• total proven reserve in the field: 53.3 billion bbls
• new recoverable oil with recovery rate of 10%: 2.2 billion bbls
• new oilfield -- estimates, 53 billion bbls or oil
• located in the country's oil-rich Khuzestan province
• will boost the country's reserves by a third
• Iran: fourth-largest reserve holder of oil; second-largest holder of gas reserves 
• no wonder "we" have sanctions on Iran
• as Ill-Hand Omar would say: it's all about the Benjamins
• country waiting for new leadership in Washington when all sanctions could be lifted

Week 45: November 3, 2019 -- November 9, 2019

Top international non-energy story:

• Completely under-reported: UN unable to make payroll
• Just how serious is it in Saudi Arabia?

Top international energy story:

• Saudi Aramco's IPO released; panned; sells less than 0.5% of the company
• Saudi Arabia delays payment on Sabic deal by four years;
• Brazil's off-shore auction a total disaster;
• First trade surplus in petroleum for the US in more than 40 years;
• Canadian oil prices tumble due to Keystone (not the XL) pipeline shutdown
• Iran announces huge 53-billion-bbl crude oil discovery (technically a top story for next week)

Top national non-energy story:

• The economy; all major indices hit new all-time records; fear of heights;
• AAPL hits an all-time high;

Top national energy story:

• MRO: breaks the $5 million floor for completed well costs
• The Permian is flaring as much natural gas as the entire state of New Mexico consumes
• US natural gas storage goes over 5-year average for first time in quite awhile
• US crude oil re-balancing: back to where we were one year ago;
• Another unexpected build in the US crude oil in storage
• West Coast refinery throughput dropping;

Top North Dakota non-energy story:

• North Dakota: hardest working state in the US -- WalletHub;
• US agriculture secretary designates disaster in North Dakota;  

Top North Dakota energy story:

• Propane shortage for farmers;

Geoff Simon's top North Dakota energy stories:

• Security to be tight at Wednesday's -- November 13 -- DAPL hearing in Linton, ND 
• ND Supreme Court heard challenge to new ND refinery
• current ND Supreme Court Chief Justice says he will step down at the end of year; will remain on the bench, but not as Chief Justice; elected chief justice five times since 1993; 26 years; Gerald VandeWalle, 86
• prior to Justice VandeWalle, Chief Justice Ralph Erickstad for "two decades"

Operations:

• Random look at production data for wells that were drilled 4Q15, the review continues;
• Wells drilled back in 2010 that have produced in excess of 500,000 bbls of oil;
• EOG: increases drilling locations;
• XTO: existing wells to be used as EOR pilot study
• Number of rigs in North Dakota drops to another recent low: 53
• The XTO Johnsrud Federal wells in Bear Den
• Whiting's P Vance wells appear to be coming back on line
• Something going on in Haystack Butte? 

Fracking:

• CLR reports an 81-stage frack;
• Second frack for a Bruin Antelope-Sanish well;

Advantaged oil:

• The MRO Kent Carlson wells; and, here;
• A BR Kirkland well in Pershing oil field;

DUCs:

• Five incredible MRO DUCs;

Increased density projects:

• CLR's Angus Federal / Simmental Federal wells;

Commentary:

• Breakeven points; and, here;
• Just how serious is it in Saudi Arabia?

Miscellaneous:

• Investor's Business Daily reports IRS increases caps on IRAs for 2020 -- inaccurate;
• Cost to de-commission a single wind turbine -- $532,000