Monday, September 6, 2021

Huge WPX Spotted Wolf Wells In Eagle Nest -- September 6, 2021

Updates

March 21, 2022: production update.

Original Post

These wells are sited in the same section as the WPX Fast Dog wells, which are on a pad just to the west

Back in 2012, my description of the Eagle Nest oil field --

Eagle Nest oil field, Dunn County, 
Fort Berthold Reservation, southwest corner of of the reservation

Forty-four sections as of March, 2012. A very active field with four rigs on site as of March, 2012. The field is noted for its multi-well pads. Major operator is Petro-Hunt. One of the most scenic highways in North Dakota, state highway 22, pretty much splits the field in half, east half from west half.  This is going to be a great field.

******************************
The Spotted Wolf Wells In Eagle Nest

The wells:

  • 37210, drl/NC-->AL/A, WPX, Spotted Wolf 7-6HUL, Eagle Nest; first production, 11/20; t--; cum 227K 7/21; cum 298K 4/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20213112729127141488730831299100
BAKKEN6-20213014795148511696434155319170
BAKKEN5-20213120774208172142440251373030
BAKKEN4-20212114311142151633720531184170
BAKKEN3-20212924295242832431635089316520
BAKKEN2-20212118131181541984822830203600
BAKKEN1-20213132480324873436741225365910
BAKKEN12-2020293579235802425063997935089620
BAKKEN11-20202654182538856766549972441740
BAKKEN10-20200000000
  • 36952, drl/NC-->A/F, WPX, Spotted Wolf 7-6HD, Eagle Nest, first production, 11/20; t--; cum 227K 7/21; cum 280K 4/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20213110830109072384022728217450
BAKKEN6-20212812478124512484819603176680
BAKKEN5-202121883189111717414486131590
BAKKEN4-20213016906168142173430985283710
BAKKEN3-20213122784228362851637837345890
BAKKEN2-20212320275202992431224353215730
BAKKEN1-2021293404434043399993826532966568
BAKKEN12-2020314028440283512314499739747465
BAKKEN11-20202760692603676462153146466520
BAKKEN10-20200000000
  • 36953, A/F, WPX, Spotted Wolf 7-6HZ, Eagle Nest, first production, 11/20; t--; cum 206K 7/21; cum 270K 4/22;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN7-20213111501115631657113692127830
BAKKEN6-202122973897421567918661171110
BAKKEN5-20213115573156253326228186257720
BAKKEN4-20213019453193953161833096300590
BAKKEN3-20213124216242164247337241337810
BAKKEN2-20212619432194193678123713210300
BAKKEN1-20213129776297956213736272319600
BAKKEN12-20203135293353758489442327380610
BAKKEN11-20202340773404098927639762353990
BAKKEN10-20200000000

Notes From All Over -- Part 1 -- September 6, 2021

Updating the Bakken: periodically I update wells that had had not reported when they came off the confidential list. I usually have to go back two years to pick up the DUCs that were finally completed (the new regulation allows two years to complete a DUC). This morning, I only had to go back one year, to 3Q20, pick up the DUCs that had been completed. I can't do the statistics, but it certainly looks like the Bakken operators completed a lot of DUCs in 2020 in lieu of drilling new wells. 

Coal: for some reason, today coal is trending over at twitter; then this from Breitbart today:

  • Australia: three months ending July, 2021 -- Australian coal exports soared to $12.5 billion -- a 26 percent increase on the previous quarter:
  • one assumes all that coal is going to China and other parts of Asia
  • China vs Australia coal imports disagreement: I've lost the bubble on this squabble but it appears Australia is doing just fine, thank you
  • and thank you, to a reader, alerting me to the article;

See first comment.

If you look at US coal exports and production stats (available from EIA here: https://www.eia.gov/totalenergy/data/monthly/pdf/sec6_3.pdf) you can see that sometime around October 2020 US #s went up as well.
This probably coincided with the surge in natural gas prices.

"Seasonal Flu" -- 2020 - 2021 Season -- Update -- September 6 , 2021

"Seasonal flu": time to start tracking "seasonal flu" again. Link here.

  • this will get messy due to CDC reporting category "influenza like illness" which coudl include "everything under the sun" including Covid-19
  • last year, the 2019 - 2020 season: "seasonal flu" eradicated by Covid-19
  • this year, the 2020 - 2021 season: still no evidence of much "seasonal flu"
  • summary, ILINet:
  • Nationwide during week 34, 2.2% of patient visits reported through ILINet were due to ILI. The percentage of patient visits for ILI remains below the baseline of 2.6% nationally. One region (Region 4) is above their region-specific baseline while the remaining regions are below their baselines. Influenza virus circulation remains low; therefore, increases in ILI activity are likely due to increased circulation of other respiratory viruses.
    • could that be Covid-19?

Labor Day Monday -- September 6, 2021

Sun Country -- XWA, link here:

  • first Sun Country Airlines flight SY 171 from Las Vegas, Thursday evening (September 2, 2021);
  • not possibly at former Williston airport
  • City of Williston partnered with Sun Country to provide the flights
  • SY 172 return flight to Las Vegas
  • this seasonal service to Las Vegas will pause on Nov. 28, due to staffing and aircraft shortages among other reasons

Three bullish catalysts for oil this fall: link to Alex Kimani.

  • record revenues for shale operators;
    • most analysts suggest $75 - $80 oil over next 18 months;
    • BofA suggests we will see $100-oil
  • demand recovery in China
  • supply crunch
    • BofA suggests $100-oil in 2022

China hoarding crude oil again, link to Alex Kimani:

  • good news for oil prices;

Trending over at twitter: record high prices for gasoline in California;

Lots of swimming this week:


For The Second Week In A Row, NDIC Reports No Wells Coming Off Confidential List -- September 6, 2021

Monday, September 13, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Sunday, September 12, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Saturday, September 11, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Friday, September 10, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Thursday, September 9, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Wednesday, September 8, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Tuesday, September 7, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Monday, September 6, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Sunday, September 5, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.

Saturday, September 4, 2021: 16 for the month, 27 for the quarter, 207 for the year:
None.