The Million Dollar Way (The Bakken Oil Blog)

Tuesday, January 4, 2022

The Road To New England -- January 4, 2022

Link here.

Senator Warren on top of this:

Interesting -- Commodities -- 2021

Alex Kimani lists the "ten best performing commodities of 2021."

Here are a bunch of commodities randomly listed.

See if you can pick the ten best performing commodities in 2021.

Then, for extra credit, put them in order, best performing to least best performing.

Here goes.

Again, first challenge -- pick top ten from the list below:

crude oil, Brent
crude oil, WTI
natural gas (methane)
distillate fuel
aviation fuel
propane
butane
ethane
coffee
wheat
corn
ethanol
hops
oats
alfalfa
soybeans
sunflower seeds / sunflower oil
canola
peas / lentils
honey
coffee
iron/steel
coal
lignite
copper
lithium
magnesium
gold
silver
tin
aluminum
platinum
sand / silica (fracking sand)
sand / silica (semiconductor chips)
water
potash
cotton
wool
pork bellies
ground beef

At this link are the ten best performing commodities in 2021.

And So It Goes -- January 4, 2022

Link here.

One Well Leads To Another Leads To Another -- January 4, 2021

I might spend all of fifty seconds (minimum) or five minutes (maximum) to find something of interest about the Bakken. Often it's simply connecting a few dots, or following one well to another to another well. That's the case with this well.

Look at the IP of this well. 129.

Look when this well was originally drilled. 2010.

Look when this well showed new life. 2021.

It's at this point I would normally point out what this means, but it's so obvious I won't point it out again.

The well:

18880, 129, MRO, Everett Fisher USA 41-6H, Reunion Bay, t7/10; cum 515K 11/21; recent production below. Full production at this link.

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	24253	24280	13903	37945	37061	0
BAKKEN	10-2021	31	33008	32976	20218	39638	38535	0
BAKKEN	9-2021	30	25500	25647	24378	28366	27396	172
BAKKEN	8-2021	29	36363	35998	99154	51854	48761	971
BAKKEN	7-2021	0	0	0	0	0	0	0
BAKKEN	6-2021	0	0	0	0	0	0	0
BAKKEN	5-2021	0	0	0	0	0	0	0
BAKKEN	4-2021	0	0	0	0	0	0	0
BAKKEN	3-2021	23	1070	1422	319	1596	1178	223
BAKKEN	2-2021	28	1431	1345	337	2158	1624	286
BAKKEN	1-2021	29	1438	1470	323	2185	1262	673
BAKKEN	12-2020	30	1308	1251	266	1684	1152	283

Re-Posting An Incredible MRO Well With Two Neighboring Wells Now Producing -- January 4, 2022

Let's see:

2,000 bbls of oil per month jumps to 40,000 bbls of oil per month and holds for four months:
40,000 / 2,000 = 20x jump in production that has held for several months
previously posted; updated;

The well:

18230, 552, MRO, Fisher USA 21-5H, Reunion Bay, t11/09; cum 471K 11/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	11-2021	30	38482	38563	28639	49590	46586	0
BAKKEN	10-2021	27	27469	27209	26045	31739	29597	0
BAKKEN	9-2021	30	39331	39775	54097	47402	44308	0
BAKKEN	8-2021	20	38379	37758	91402	40602	36590	1676
BAKKEN	7-2021	0	0	0	0	0	0	0
BAKKEN	6-2021	0	0	0	0	0	0	0
BAKKEN	5-2021	0	0	0	0	0	0	0
BAKKEN	4-2021	16	823	1245	224	790	629	19
BAKKEN	3-2021	31	1749	1849	346	1649	1359	0
BAKKEN	2-2021	28	1684	1587	328	1735	1197	270

The two new wells next to this older well:

37856, loc/NC, MRO, Evans USA 11-5TFH, Reunion Bay, first production, 9/21; t--; cum 113K 11/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold
BAKKEN	11-2021	29	29112	29284	25687	36858	34593
BAKKEN	10-2021	29	27703	27514	29024	32988	30832
BAKKEN	9-2021	29	56135	55883	57490	63573	59219
BAKKEN	8-2021	1	0	0	26	0	0

37857, loc/NC, MRO, Morgan USA 21-5TFH, Reunion Bay, first production, 9/21; t--; cum 92K 11/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold
BAKKEN	11-2021	30	35069	35213	29051	45512	43435
BAKKEN	10-2021	30	29461	29115	34395	34895	33110
BAKKEN	9-2021	19	27277	27154	35559	28740	27194
BAKKEN	8-2021	3	0	0	2303	0	0