Monday, November 30, 2020

The Enerplus Honor Well On Its Patriot Pad Is Back On Line And Producing -- November 30, 2020

This well is followed elsewhere. This page won't be updated. Note that this well is back on line and back in production:

  • 23541, IA/1,545, Enerplus Resources, Honor 150-94-06B-18H TF, Spotted Horn, t6/14; cum 690K 4/20; off line 5/20;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN9-202029507143911782887536962047
BAKKEN8-202011313324717
BAKKEN7-20200000000
BAKKEN6-20200000000
BAKKEN5-20200000000
BAKKEN4-2020182682270615806200433780
BAKKEN3-20202947384789359586576676142
BAKKEN2-202029507652263637107228727152
BAKKEN1-202030524152863587105728662157

Wells That I No Longer Track -- Page 16

For first fifteen pages in this series, see this link; scroll to bottom of that page.

I no longer track these wells as wells that need to be followed up:  

June 13, 2019: huge number of Nygaard wells recently fracked; look at these two neighboring wells: #17397, off line 4/20; remains off line 9/20; #17424 after 6/19; the latter is IA, 10/19; now said to be A but still no production, 12/19; now IA, now TA as of 3/20; five days of production, 2/21, for #17397; now 29 days production, 3/21 and looks like it might be a good well; #17424 still TA. Cum 292K 1/25;

June 5, 2019: check on #20777; 32923, 181, BR, Chuckwagon 31-15MBH, Sand Creek, t12/18; cum 197K 3/20; cum 225K 4/21; only 18 days in 3/20 but still produced 2,255 bbls; off line 4/20; removed off line 9/20; neighboring well, #20777 still off line (12/19); look how old the Chuckwagon permit was; finally drilled at the end of 2018; remains off line and IA 6/20; coming back online 7/20; 8/20: #20777 back on line, nice jump in production; off line again 11/20; starting to come back on line, 2/21; #20777, lousy well, cum 82K 6/21; 94K 1/25;

November 30, 2020: #16059. Well to be re-entered and lengthened. Recently updated; back on confidential list; remains confidential 11/20; no data since; huge well; updated. Cum 2.022077 million bbls 1/25;

October 27, 2019: PA, looks like a big jump in production, #19712; remains off line 10/19; back on line 2/20; not particularly interesting; off line 5/20; remains off line 9/20; back on line 10/20; 

October 23, 2019: #16908 (PA;AB; now IA, 4/21), #16180, #28415, #28416; some wells producing; some remain off line; most are now back on line, look good, 9/20; all back on line except #16908; all look good;

October 17, 2019: PA; #17792; neighboring well fracked; remains off line 11/19; back on line 1/20; off line 5/20; struggling; 30-days/month production but not doing much;

October 17, 2019: #17898; neighboring well fracked; off line 7/19; off line next month; back on line next month; back off line 10/19; remains off line 2/20; two months of production, then off line 5/20; back on line for seven days, 6/20; seems back to normal; a very good well now, 9/20; cum 278K 4/21; 340K 1/25;

October 16, 2019: #22486; back on line 10/19; back off line 11/19; remains off line 6/20; coming back online 7/20; 793K 10/20; cum 812K 4/21; the Hawkeye wells are tracked here; cum 870K 1/25;

October 12, 2019: #20140, off line -- it's an XTO well; should be doing better; back on line 10/19; but not doing particularly well; off line 11/19; remains off line 9/20; now IA; 10/20 -- sixteen days, nice production; see this post; cum 207K 4/21;

October 6, 2019: #18518; #20258; #20259: huge number of new wells being completed in this area; #20259 off line as of 9/19; remains off line 10/19; some coming back on line; some still off line 11/19; all back on line (?) 3/20; most off line again, 5/20; most of these wells appear to be coming on line 6/20; these all look like great wells, 9/20;

April 7, 2021: these wells in the vicinity of 20 Angus Federal / Simmental Federal wells fracked in late 2020;

  • 20804, off line, 11/20 - 2/21; t2/13; cum 348K 11/20;
  • 20805, off line, 11/20 - 2/21; t2/13; cum 367K 11/20; see this note;
  • 24473, off line, 11/20 - 2/21; t2/13; cum 402K 11/20;
  • 23493, off line, 12/20 - 2/21; t6/13; cum 342K 11/20;
  • 23494, off line, 11/20 - 2/21; t6/13; cum 489K 11/20;
  • 23495, off line 12/20 - 2/21; one day of production, 2/21; t6/13; cum 372K 11/20;
  • 23496, off line, 11/20 - 2/21; t5/13; cum 390K 11/20;

December 5, 2019: #18419; remains off line 9/20; back on line 10/20; big well; 

February 18, 2020:

  • #17338; Kraken drilling two new wells parallel to this well; opposite direction; Carter Matthew off line as of 11/19; remains off line 9/20; back on line 11/20; looks like nice jump in production; see this note.

May 18, 2021:

  • 18694, 569, MRO, Scott Gaugler 14-24, Bailey, t8/10; cum 215K 7/19; remains off line 4/20; back online 8/20; nice well; cum 243K 3/21;
  • 24973, A/IA/2,437, MRO, Brigner 24-24, Bailey, t7/13; cum 256K 11/20; remains off line 4/20; back on line 9/20; nice well; cum 273K 3/21;

August 23, 2019: the Finsaas wells -- #26855; #26854; #27840; #27841; sporadic production across the wells, 5/20;

August 19, 2019: #17658, a short lateral; off line most of 6/19; remains off line 9/20; IA; AB; 34398, 3,347, WPX, Lion 18-19HX, Mandaree, t7/19; cum 365K 4/21; -- huge well; the WPX Lion wells are tracked here; off line 10/20; back on line 11/20;

August 5, 2019: two EOG wells off line in Clarks Creek; #22487; #22486; no production jump in first full month back on status, 8/19; check another month or so; both came off line 9/19; one has returned to production; one remains off line; #22486 back on line 10/19 for 16 days; both back on line, 10/19; both off line 12/19; remain off line 5/20; coming back on line 7/20; 8/20: nice jump in production for #22487; nice jump in production for #22486;

April 11, 2020: #36653, #36654, #36655, #36656, #36657, #36658 -- see this post -- see production profiles here;

May 18, 2020: #18245, neighboring wells fracked; coming back on line, 3/20; also, #22982, #22801 (nice jump already); #27021; #27022;

September 29, 2020: 17612, AB/IA/4,345, Whiting, Maki 11-27H, Sanish, t10/09; cum 882K 11/29; off line 12/19; remains off line 7/20; open hole frack; 3.6 million lbs sand; off line in 2019, but at least three wells will be drilled and fracked in the immediate area; link here;

January 18, 2021: #22550, #22551; older EN-Labar wells; many newer EN-Labar wells fracked 5/20; #22550 #22551 coming back on line 1/21; great wells. 

December 5, 2020: #18055: two wells on this 3-well pad recently fracked; #18055 is IA and has been offline for over a year suggesting that Whiting will abandon it; now AB (noted Jan 24, 2021)

April 10, 2020: #19116; an MRO Bailey oil field well; neighboring wells being fracked; off line 1/20; just coming back on line, 4/20;

April 26, 2020: Whiting #19857; came off line 12/19; with many wells in area being fracked;

April 27, 2020: #26158; off line 12/19; remains off line 5/20; back on line 8/20; 6,000 bbls, 9/20;

July 22, 2020: #34601, $34602 -- no sand in these two fracks? Of course not. I don't know what that was all about. NDIC frack report for #34601 shows 41 stages; sand frack; 8.5 million lbs sand; 8.3 million gallons of water; IP of 3,576 bbls; for #34602: 41 stages; sand frack; 8.4 million lbs sand; 7.9 million gallons of water; IP of 4,964 bbls;

August 13, 2020: neighboring well, huge; see what this well does --

  • 20287, 1,244, MRO, Johnson 44-32H, Reunion Bay, t10/11; cum 329K 9/20; off line1/20; remains off line 6/20; coming back on line 8/20; came back into production nicely;

October 5, 2019: #17102;  a lousy Kaiser Francis well; taken over by Kraken; now off line as of 6/19; remains off line 9/20; now AB;

October 23, 2018:  #18250 parallels the wells coming from this 5-well pad; still off line; back on line for a few days in 11/19; one day 12/10; #33737 is on a 5-well pad; this one was the first to report; the others are SI/NC, but I believe they have all been fracked; will soon report; #18250 was IA; 1/19 -- now back on A status, 10/19; three days of production in 2/19; still off line as of 4/19; back on line 5/19 but no production; no production, 7/19; remains off line 9/19; two days production 10/19 with minimal production; 2,000 bbls over 10 days, 11/19; continue to follow; the five-well pad: #33736 - #33739, inclusive, all have been fracked; see this note; need to see what #18250 does; intermittent production since 6/17; still struggling; off line, 3/20; back on line? one day of production, 5/20; update here, August 15, 2020; see this note; update here, November 12, 2020; t5/10; cum 311K 10/20; 

Huge Petro-Hunt Well Back On Confidential Status; The Well Will Be Lengthened -- November 30, 2020

Updates

June 15, 2021: apparently this was a success; initial data now being reported. 

Original Post

One doesn't see this often, but I expect we will start seeing this more often going forward.

This well was drilled back in 2006 and had produced just less than 1.8 million bbls of crude oil by April, 2020. Then, all of a sudden it was placed back on confidential.

Screenshot of sundry form, undated, but appears to have been submitted on/about September 22, 2020:

It appears the well will be increasd from 13,689' to 15,204', which represents an 11% increased in length. 

Coincidentally, this morning I was wondering whatever happened to "re-entry" wells. LOL.

The well:

  • 16059, 729, Petro-Hunt, USA 2D-3-1H, Charlson field, t10/06; cum 1.776024 million bbls 4/20; still producing 6,000 bbls/month, 11/19; update at this post; off line 5/20; remains off line 6/20; two days in 7/20; there was no production, 5/20 - 6/20; then two days in July, 2020, and now on confidential list.
DateOil RunsMCF Sold
7-20201740
4-202037223454
3-202064373014
2-202048750
1-202052700
12-201948320
11-201938130
10-201947590

*********************
Bakken Trivia

I remember when I first started blogging about the Bakken, I was told by an "expert" that once a well had been on the confidential list and then came off the confidential, it could never go back on the confidential list. 

We've learned a lot over the years.

Notes From All Over -- Morning Edition -- November 30, 2020

Top story today: Chinese flu.

Much less brown, and where there is brown, it is lighter in color, compared to some weeks ago:

Foreshadowing: playing with his dog over the weekend, Joe Biden breaks his leg. The big question: was the dog a gift from Hillary? I was going to say the dog was no "Lassie," but I'm beginning to wonder?

Top investing story: GM says "no";

  • Nikola imploding

The market: mixed at opening; now all three indices "red"

  • tea leaves: profit taking -- locking in best November in years; 
    • Dow drops 300 points and still above 29,600?
  • tea leaves: market setting investors up for "Santa Claus rally"

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

S&P Global: to buy IHS Market for $45 billion. Nice history of both companies.

Dividend stocks: "ten best" -- just for the fun of it. These "dividend" articles are dime a dozen.

Mexican Tecate beer: made by Heineken in Holland. Who knew? Wow. I'm really, really disappointed in Heineken and the mainstream press for not reporting this story for years, if the NY Post article is accurate. Wiki says the brew is made in Mexico, at least as I read it.. There must be more to the story. 

Debacle: nearly one-third of NY, NY small businesses reportedly closed -- permanently? -- in 2020. Fox Business News is reporting.

Hindsight is 20-20: going back to January, 2020

Apple vs Microsoft: this was in early trading -- 

Among the Dow Jones leaders, Apple (AAPL) rose 2%, while Microsoft (MSFT) moved down 1% in today's stock market. If this holds, speaks volumes about Apple's new M1 chip and Black Friday sales. 

********************************
Flashback: SRE and Oncor

August 21, 2017, Reuters: Sempra Energy to buy Oncor for $9.45 billion in blow for Berkshire. 
March 9, 2018, press release: Sempra Energy completes acquisition of majority stake in Oncor. 

***************************
Texas: Renewable Energy Surging

This will be America's largest solar energy project. Period. Dot. Link here. This is huge. 

When completed, the center will provide power for AT&T, Honda, McDonald’s, Google, Home Depot, and the cities of Bryan, Denton and Garland.

It's impossible to articulate how much growth there is in

  • north Texas (Dallas, Ft Worth, Denton, Roanoke)

and, I'm assuming there is similar growth in

  • south Texas (San Antonio)
  • mid-Texas (Austin)
  • west Texas (the Permian)
  • east Texas (Houston)
  • along the coast (Corpus Christi).  

Denton has really, really surprised me. When we first arrived in Texas, water polo practice and tournaments were often held in Denton. The town seemed a bit sleepy -- that was in 2013. Now, it's completely different -- expanding at breakneck speed. Yeah, they need more electricity.  

The Samson Solar Center will be located in Lamar, Red River and Franklin counties. The project involves a $1.6 billion capital investment and will support up to 600 jobs throughout the 36-month construction period.

The project is expected to benefit local economies by bringing more than $250 million in payments to landowners and supporting local communities through nearly $200 million in property-tax payments over the lifetime of the project.

Link here: https://www.foxbusiness.com/energy/solar-power-booms-in-texas.

Counties of interest, Texas:

  • Red county: Dallas County
    • surrounding counties: Denton (Denton and part of Plano), Collin (Plano), Rockwall, Kaufman, Ellis, Johnson, Tarrant  (Ft Worth).
  • 1  - 3: solar energy counties, Lamar, Red River, and Franklin
  • 4: Bexar ("bear") County: San Antonio
  • 5: Travis County (Austin)
  • 6: Harris County (Houston)
  • 7: Nueces County (Corpus Christi)
  • 8: Midland County (Midland)
  • 9: Ector County (Odessa)

***********************
Sports

It's beyond me why Steven A. Smith celebrates boxing. Speaks volumes abut Smith. Even after a boxer is almost killed Smith still celebrates the sport. I just don't get it. Cock-fighting is illegal, but not boxing.

October Production Being Reported On Scout Tickets; Only Well Coming Off Confidential List -- November 30, 2020

First things first: Chinese flu watch. Check out graphic at The WSJ. It's behind a paywall but I will post it in a few minutes. 

OPEC basket: l$46.66.

***************************************
Back to the Bakken

Production data for October, 2020, is starting to be posted on the scout tickets. 

Active rigs:

$45.30
11/30/202011/30/201911/30/201811/30/201711/30/2016
Active Rigs1457665439

Only one well coming off the confidential list today --

Monday, November 30: 32 for the month; 56 for the quarter, 721 for the year

  • None.

Sunday, November 29: 32 for the month; 56 for the quarter, 721 for the year

  • 36970, drl/A, Hess, TI-Nelson-157-94-3031H-2, Tioga, t--; cum 93K 10/20;

Saturday, November 28: 31 for the month; 55 for the quarter, 720 for the year

  • None.

RBN Energy: could US propane demand plus exports draw down inventories enough to spike prices, part 2?

Amid all the turmoil and negative news in energy markets this year, U.S. propane has been the exception, turning in a stellar performance. Even with exports up almost 10% in November from the same period last year, averaging 1.3 MMb/d for the month, inventories remain in good shape at 92.6 MMbbl, or about 5% above stocks in November 2019. Part of the reason has been strong production numbers, which are down only 5% since January, and up a whopping 14% since May. Weather has been another contributor to robust stock levels, with November 2020 coming in as one of the warmest on record. But winter is just arriving. And with export volumes now greater than total U.S. winter consumption, market dynamics have shifted. It now takes more inventory in the ground throughout the winter to support the combination of U.S. demand and exports. But how much more inventory is enough? And how should we factor in the potential for further increases in exports? At the same time, the market is still facing the possibility of another round of declining production due to COVID-related drilling cutbacks. This blog series is about making sense of what’s going on in the propane market today, and what may be coming up in the months ahead. 

In Part 1, we started by showing how strong propane prices have been this year on a relative basis, meaning in comparison to crude oil. Focusing on the period between June and November, in 2019 the price of propane was only 34% of crude, while this year it has averaged a much higher 53%. (As a general rule, propane is considered to be expensive relative to crude when that ratio is above 50%, and cheaper when the ratio is below 50%.) Which begs the question, why would propane prices be so strong in 2020 when in 2019 prices were weak relative to crude?

One clue has been the magnitude of export growth relative to domestic consumption during the winter season. Total winter domestic demand has been relatively steady, ranging between just under 1.0 MMb/d in 2016-17, up to a high of almost 1.2 MMb/d in 2013-14. Demand the last couple of winters has averaged about 1.1 MMb/d. In contrast, export volumes have stepped up almost every year for the past decade — in both the summer and winter, with no discernable seasonal pattern. Exports are up from about 0.6 MMb/d in 2015 to 1.3 MMb/d in November 2020. In winter 2019-20, exports exceeded average domestic demand for the first time.