The MRO Medicine Crow Pad In Reunion Bay -- AKA The MRO A-J-HW-MC Pad

The MRO Medicine Crow pad, or the MRO A-J-HW-MC pad:

• 37654, drl/NC, MRO, Alberta USA 31-5TFH Reunion Bay, first production, 9/21; t--; cum 87K 11/21; cum 236K 6/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	28356	28463	38699	35184	33324	0
BAKKEN	10-2021	30	31158	31101	44687	34317	32483	0
BAKKEN	9-2021	20	27651	27376	51595	29495	27985	0
BAKKEN	8-2021	2	0	0	104	0	0

• 37655, drl/NC, MRO, Joba USA 31-5H, Reunion Bay, first production, 9/21; t--; cum 181K 11/21; cum 290K 6/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	41307	41597	23611	47858	46340	0
BAKKEN	10-2021	29	58085	58277	32339	66764	64933	0
BAKKEN	9-2021	30	81381	80571	66643	76331	73890	0
BAKKEN	8-2021	1	0	0	0	41	0	41

• 37656, 4,981, MRO, Howling Wolf USA 31-5TFH, Reunion Bay, first production, 8/21; t--; cum 167K 11/21; cum 279K 6/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	41310	41502	29603	62168	60528	0
BAKKEN	10-2021	30	48828	48687	37781	56654	55131	0
BAKKEN	9-2021	28	38052	38512	17387	46555	45367	0
BAKKEN	8-2021	14	39085	38246	37805	34697	31808	592

• 37657, drl/NC, MRO, Medicine Crow USA 21-5H, Reunion Bay, first production, 8/21; t--; cum 193K 11/21; cum 289K 6/22;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	35163	35264	21984	54604	53193	0
BAKKEN	10-2021	30	35645	35951	30078	39813	38716	0
BAKKEN	9-2021	30	68853	69317	62839	81082	78946	0
BAKKEN	8-2021	15	53576	52426	55886	49340	44911	1274

The WPX Howling Wolf Wells In Wolf Bay -- January 4, 2022

The WPX Howling Wolf wells in Wolf Bay:

• 23778, 1,211, WPX, Howling Wolf 28-33HC, Wolf Bay, t2/13; cum 310K 11/21;
• 34494, 2,115, WPX, Howling Wolf 28-33HF, Wolf Bay, t11/18; cum 245K 11/21;
• 34051, 3,477, WPX, Howling Wolf 28-33HD, Wolf Bay, t11/18; cum 226K 11/21;
• 34815, 2,328, WPX, Howling Wolf 28-33HIL, Wolf Bay, t11/18; cum 371K 11/21;
• 34053, 2,115, WPX, Howling Wolf 28-33HT, Wolf Bay, t11/18; cum 298K 11/21;
• 34495, 2,429, WPX, Howling Wolf 28-33HY, Wolf Bay, t11/18; cum 347K 11/21;

API Data: Crude Oil With A Significant Draw But Other Products Build -- January 4, 2022

This is interesting. Doing more with less? Demand destruction? Or perhaps simply seasonal? "Focus on Fracking," Sunday night, will address all of this. I will wait to see the EIA data to be released tomorrow. But apparently from the API today: link here.

A Closer Look At The Ten DUCs Reported As Completed Today -- January 4, 2022

The MRO Howling Wolf well in Reunion Bay. There are seven Howling Wolf wells. I have yet to start a separate post for these seven wells. I will do that later. Of the seven Howling Wolf wells, the most recent one, #37656, looks like it may be the best one, certainly it is with initial production. 

• 37656, 4,981, MRO, Howling Wolf USA 31-5TFH, Reunion Bay, first production, 8/21; t--; cum 167K 11/21; 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	41310	41502	29603	62168	60528	0
BAKKEN	10-2021	30	48828	48687	37781	56654	55131	0
BAKKEN	9-2021	28	38052	38512	17387	46555	45367	0
BAKKEN	8-2021	14	39085	38246	37805	34697	31808	592

The WPX wells in Spotted Horn, the Charles Blackhawk are tracked here and the Crosby Chase wells are tracked here. Both sites now need to be updated.

• 37305, 1,715, WPX, Crosby Chase 2-1HZ, Spotted Horn, first production, 5/21; t--; cum 210K 11/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	27981	27999	20453	67192	34768	32178
BAKKEN	10-2021	31	23132	23041	17242	26301	21116	4773
BAKKEN	9-2021	30	28521	28425	21528	31858	19058	12375
BAKKEN	8-2021	31	25179	25179	21799	26111	20162	5938
BAKKEN	7-2021	31	47797	48128	40172	49566	28581	20985
BAKKEN	6-2021	30	50888	50919	45812	63797	5581	52611
BAKKEN	5-2021	4	6275	5913	5713	21	0	0

• 37307, 1,831, WPX, Crosby Chase 2-1HY, Spotted Horn, first production, 5/21; t--; cum 229K 11/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	32542	32514	21989	77914	40227	37423
BAKKEN	10-2021	31	20869	20796	14454	23686	18890	4448
BAKKEN	9-2021	30	28638	28542	20602	31158	18640	12093
BAKKEN	8-2021	31	32268	32268	29320	33398	25025	8362
BAKKEN	7-2021	31	54296	54595	45620	56196	20803	35393
BAKKEN	6-2021	30	45961	46511	43170	57062	4574	47410
BAKKEN	5-2021	8	14717	13868	13125	43	0	0

• 22652, 1,788, WPX, Charles Blackhawk 31-30HC, Heart Butte, first production, 9/21; t--; cum 69K 11/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	26666	26759	36731	15141	14987	0
BAKKEN	10-2021	31	35136	34929	39707	23120	21039	2081
BAKKEN	9-2021	30	6827	6827	4495	3413	2181	1232

• 37843, 1,330, WPX, Charles Blackhawk 31-30HY, Heart Butte, first production, 9/21; t--; cum 73K 11/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	23470	23574	41004	13505	13352	0
BAKKEN	10-2021	31	34716	34512	61068	18295	15446	2849
BAKKEN	9-2021	30	15205	15205	19925	13344	13344	0

• 37842, 668, WPX, Charles Blackhawk 31-30HDL, Heart Butte, first production, 9/21; t--; cum 90K 11/21;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	29880	29880	9320	15323	15323	0
BAKKEN	10-2021	31	39245	39245	20969	18949	18949	0
BAKKEN	9-2021	30	20660	20660	19628	10330	8269	2061

Grayson Mill Operating in Last Chance:

There were six wells on this Marcia pad. The two earlier Marcia wells (#22631 and #22632) are both on the AB (abandoned list). I have seen wells on the AB list come back into production, but it's rare. The four other wells on this pad, which are about a half-mile to the southeast of CLR's excellent Anna wells. 

• 36218, 2,636, Grayson Mill Operating (Equinor), Jake 2-11F XW 1H, Last Chance, first production, 11/21; t--; cum 22K over 12 days;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	12	22140	21807	15761	23530	20425	3105

• 36038, 4,632, Grayson Mill Operating (Equinor), Marcia 3-10F XW 1H, Last Chance, no production data,
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	2	4923	4183	4681	4164	2102	2062

• 36036, 2,185, Grayson Mill Operating (Equinor), Marcia 3-10 6H, Last Chance, minimal production data,
• 36037, 2.014, Grayson Mill Operating (Equinor), Marcia 3-10 5H, Last Chance, no production data,
  

Ten DUCs Reported As Completed, Active Rigs At Thirty-Two; WTI At $77 -- January 4, 2022

The road to New England: link here. 

MPC: I may have to add a new category to the blog -- stocks I used to hate but love now or stocks I lucked into. LOL. 

I remember distinctly some years ago telling myself, "never, never, never invest / trade in refiners." 

About six months ago, I violated that rule and acquired a nice position in MPC. I remember exactly when I bought it and why I bought it. 

Shortly after that I had buyer's remorse and remembered one of my cardinal rules (to never buy refining stocks). But my inertia prevented me from selling MPC and I simply kept it, which bugged me every day, and then I sort of forgot about it. But all of a sudden, recommendations for MPC are showing up everywhere. 

I recently posted a link to an article in which MPC and ADM announced a joint venture to manufacture soybean oil to meet the demand for renewable diesel fuel; the facility will be in Spiritwood, ND.

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

Active rigs:

$77.00	1/4/2022	01/04/2021	01/04/2020	01/04/2019	01/04/2018
Active Rigs	32	13	55	63	54

No new permits.

Ten producing wells (DUCs) reported as completed:

• 36218, 2,636, Grayson Mill Operating (Equinor), Jake 2-11F XW 1H, Last Chance, first production, 11/21; t--; cum 22K over 12 days;
  
• 37305, 1,715, WPX, Crosby Chase 2-1HZ, Spotted Horn, first production, 5/21; t--; cum 210K 11/21;
  
• 37307, 1,831, WPX, Crosby Chase 2-1HY, Spotted Horn, first production, 5/21; t--; cum 229K 11/21;
  
• 36038, 4,632, Grayson Mill Operating (Equinor), Marcia 3-10F XW 1H, Last Chance, no production data,
• 36036, 2,185, Grayson Mill Operating (Equinor), Marcia 3-10 6H, Last Chance, minimal production data,
• 36037, 2.014, Grayson Mill Operating (Equinor), Marcia 3-10 5H, Last Chance, no production data,
  
• 22652, 1,788, WPX, Charles Blackhawk 31-30HC, Heart Butte, first production, 9/21; t--; cum 69K 11/21;
  
• 37843, 1,330, WPX, Charles Blackhawk 31-30HY, Heart Butte, first production, 9/21; t--; cum 73K 11/21;
  
• 37842, 668, WPX, Charles Blackhawk 31-30HDL, Heart Butte, first production, 9/21; t--; cum 90K 11/21;
  
• 37656, 4,981, MRO, Howling Wolf USA 31-5TFH, Reunion Bay, first production, 8/21; t--; cum 167K 11/21;