Updating A Couple Of CLR Gale Wells In Cedar Coulee -- February 11, 2023

Updates: Production Data For Select Wells

37406, a Three Forks well in Cedar Coulee:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	31	8055	8009	22201	9457	8851	150
BAKKEN	11-2022	30	6565	6587	24015	10890	10175	243
BAKKEN	10-2022	30	5594	5624	26572	7847	7336	16
BAKKEN	9-2022	30	12482	12540	23085	14976	14354	160
BAKKEN	8-2022	22	12641	12603	13043	18187	17578	223
BAKKEN	7-2022	31	17595	17553	16979	23483	22902	122
BAKKEN	6-2022	21	14322	14404	13947	18441	17822	303
BAKKEN	5-2022	31	30915	30850	26338	40763	39718	637
BAKKEN	4-2022	18	11593	11610	13177	16430	16104	256
BAKKEN	3-2022	31	26468	26498	23144	32990	32620	242
BAKKEN	2-2022	28	33002	33055	28160	38948	38679	154
BAKKEN	1-2022	31	47997	47875	39628	56280	55202	956
BAKKEN	12-2021	12	18476	18390	16693	20398	19904	443
BAKKEN	11-2021	0	0	0	0	0	0	0
BAKKEN	10-2021	0	0	0	0	0	0	0
BAKKEN	9-2021	1	236	236	1502	203	0	203

37405, a middle Bakken well in Cedar Coulee:

ool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	31	12677	12634	11688	23715	22866	393
BAKKEN	11-2022	30	13521	13594	13278	23041	22041	528
BAKKEN	10-2022	31	13362	13231	17277	21711	21157	46
BAKKEN	9-2022	30	7452	7427	20717	13132	12528	142
BAKKEN	8-2022	22	3178	3261	15830	6671	6206	80
BAKKEN	7-2022	31	16660	16619	12419	25097	24507	131
BAKKEN	6-2022	21	13460	13506	10184	20048	19401	331
BAKKEN	5-2022	31	23337	23434	14454	33017	32093	516
BAKKEN	4-2022	30	24540	24457	17526	37933	37214	593
BAKKEN	3-2022	31	30734	30711	20109	50792	49728	370
BAKKEN	2-2022	28	25848	25900	25795	41112	40834	163
BAKKEN	1-2022	31	40038	39989	28135	48867	47915	830
BAKKEN	12-2021	20	26790	26665	16751	30566	29817	664
BAKKEN	11-2021	0	0	0	0	0	0	0
BAKKEN	10-2021	0	0	0	0	0	0	0
BAKKEN	9-2021	1	315	315	1244	179	0	179

Original Post: February 27, 2021

The CLR Gale wells are tracked here.

This page won't be updated. This well is tracked here. Is something going on? This well was taken off line almost two years ago, back in 4/19. Now, almost two years later, the well was brought back on line for 19 days, 12/20, producing 1,167 bbls of oil:

• 24735, 981, Hess, LK-Pohribnak-147-96-16H-5, 1 section, t10/13; cum 221K 6/19; cum 223K 12/20; cum 243K 12/22;
  

It was noted:

• December 4, 2020: CLR activity in this field, update.
  

There's a lot of activity about four miles south of the LK-Pohribak wells. See the graphics at that link posted December 4, 2020 (link). At that time, about three months ago, there was only one rig in section 32-147-96. Now there are four rigs:

These wells run west to east on one pad:

• 37373, conf-->drl/A, CLR, Gale 5-32H, Cedar Coulee, t--; cum 233K 12/22;
  
• 37374,
• 37375,
• 37376,
• 37377,
• 37378,
• 37379, ros-->drl/A, CLR, Rodney 8-29H1, Cedar Coulee, t--; cum 151K 8/22; off line 8/22; back on line 12/22; cum 156K 12/22;
  

These wells run north to south on one pad:

• 37396, ros-->drl/A,  CLR, Rodney 10-29H1, Cedar Coulee, t--; cum 199K 12/22;
  
• 37397,
• 37398,
• 37399,
• 37400,
• 37401,
• 37402, drl/A,  CLR, Gale 11-32H, Cedar Coulee, t--; cum 228K 12/22;

These wells run north to south on one pad:

• 37410,
• 37409,
• 37408,
• 37941, ros, CLR, Bang 3-33H1,
• 37407, ros, CLR, Gale 14-32HSL,
• 37406,
• 37405,

The CLR Rodney / Gale wells are tracked elsewhere.

NDIC's list of active rigs shows only two active CLR rigs, both drilling Rodney wells.  

A Nice CLR Buelingo Well Has Just Gone Off-Line -- February 11, 2023

This well has just come off line. I don't "see" any activity in the area that might explain why this well was taken off line. Maybe a reader might know.

This well is impacted by the neighboring Tarentaise wells:

• 19397, 417, CLR, Buelingo 1-20H, Elm Tree, t3/11; cum 346K 1/21;full production profile at this post; huge halo effect; cum 382K 11/22; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	26	0	0	0	1455	1448	0
BAKKEN	11-2022	24	899	982	887	7578	7267	0
BAKKEN	10-2022	31	1551	1695	1448	13377	12958	0
BAKKEN	9-2022	30	1768	1898	1982	15577	15172	0
BAKKEN	8-2022	31	1995	1673	2634	16604	16185	0
BAKKEN	7-2022	31	2037	2335	2367	14845	14426	0
BAKKEN	6-2022	30	2215	2346	2389	14038	13633	0
BAKKEN	5-2022	31	2621	2326	2501	17978	17445	114
BAKKEN	4-2022	30	2284	2320	2475	13562	13100	78

Holy Mackerel -- Think About This -- February 11, 2023

The Chinese are learning about the capabilities of US homeland security. Wow.

It seems to me this should be classified information.  

***************************
From My Diary

Christmas, 1973:

Sometime during my last year in college, having been accepted to medical school, I knew I would never have a free summer again, and started planning to take a trip to Europe. 

I learned that the Ashmores -- family friends from Williston -- would also, coincidentally, be in Europe that summer. My plans were vague: hitchhike to NYC, visit the Fisher residence with a hope that I might see Linda again, a round trip ticket to Europe on Luxembourg Air, catch up with the Ashmores in Europe, touch base with a family friend working in Stuttgart, Germany, finding a cousin serving in the US Navy in Naples, Italy, and then returning to the states. The details would be worked out on the fly.

I had not seen Linda Fisher since 1971, nor had we communicated during those two years since the fall of 1971 when I departed Westfield, NJ, to return to Augustana College, Sioux Falls, SD. 

The Ashmores were an incredible family; more about them later. 

The family friend in Stuttgart: Norm Furuseth, one of my dad's closest friends. He was working either as a high school teacher or as a principal of a US DODDS school.

My cousin, James Oksol, was a LTJG at the time.

And, yes, the details were "worked out on the fly." I traveled so lightly I did not pack an atlas (or even a map) of the United States. I looked at maps at service stations along the way. We had no mobile devices, no cell phones, in 1973. 

I don't recall where I ate while hitchhiking from Williston to NYC, but it must have been McDonald's. I had $1,000 for the trip (which included air fare and an unlimited Eurail pass). The $1,000 was a loan from my mother which was eventually re-paid. I returned home from a summer in Europe, a week in New York City, and two weeks in Boston with $400 out of the original $1,000.

The trip played out as described in the jouornal notes above, not one deviation. 

Years later, our two daughters had similar overseas experiences.

Bob Dylan released his thirteenth studio album in 1973. The album included "Knocking On Heaven's Door."

Vardon -- Siverston -- CLR -- Drilled In 2011 -- Still Flowing, Not On A Pump -- February 11, 2023

It's hard to believe this is the middle of winter, the coldest month of the year where I grew up, and here in Portland, Oregon, absolutely delightful. 

The Vardon wells are tracked here. The wells have all been updated; the majority of these wells, according to the scout tickets, are still flowing, no pumps.

Last night I stumbled upon this well -- sort of a microcosm of the Bakken:

• 20354, 1,200, CLR, Vardoon 1-14H, Siverston, t7/11; cum 401K 12/22; recent production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2022	31	486	478	758	5160	3193	1550
BAKKEN	11-2022	30	439	485	567	5247	4842	0
BAKKEN	10-2022	31	495	482	591	5258	4868	0
BAKKEN	9-2022	30	509	716	668	6335	5933	0
BAKKEN	8-2022	31	635	475	917	6716	5967	330
BAKKEN	7-2022	31	775	711	1039	6653	6234	0
BAKKEN	6-2022	30	891	941	1236	6829	6425	0
BAKKEN	5-2022	31	1130	1344	2193	5574	5010	145

Jump in production in 2018:

BAKKEN	9-2018	29	12329	12366	7408	26183	25092	721
BAKKEN	8-2018	30	14286	14302	8928	23347	6599	16345
BAKKEN	7-2018	31	22794	22678	16320	38430	14825	23188
BAKKEN	6-2018	27	20300	20443	14175	32135	22373	9433
BAKKEN	5-2018	31	32744	32525	21086	44738	19548	25190
BAKKEN	4-2018	7	4896	4903	2319	3314	1036	2278
BAKKEN	3-2018	6	79	0	47	308	286	22
BAKKEN	2-2018	0	0	0	0	0	0	0
BAKKEN	1-2018	0	0	0	0	0	0	0
BAKKEN	12-2017	0	0	0	0	0	0	0
BAKKEN	11-2017	2	97	97	0	0	0	0
BAKKEN	10-2017	0	0	0	0	0	0	0
BAKKEN	9-2017	17	875	1154	182	1605	1227	378
BAKKEN	8-2017	31	1604	1615	403	3462	3462	0
BAKKEN	7-2017	31	1711	1602	455	3701	3701	0

Initial production back in 2011:

BAKKEN	2-2012	29	6112	6001	1377	13026	13026	0
BAKKEN	1-2012	31	7901	8333	1880	17436	17436	0
BAKKEN	12-2011	31	9909	9625	1938	21347	21304	43
BAKKEN	11-2011	30	10078	10150	1768	16731	16602	129
BAKKEN	10-2011	31	10061	10066	1771	16922	11662	5260
BAKKEN	9-2011	30	12077	12064	2272	139	0	139
BAKKEN	8-2011	31	8329	8260	1627	11562	0	11562
BAKKEN	7-2011	31	14262	14766	4566	23030	0	23030
BAKKEN	6-2011	3	1344	418	954	806	0	806

The maps:

ENB Increases Quarterly Dividend -- 4Q22 Earnings Release

See also this site.

Highlights:

• Full year GAAP earnings of $2.6 billion or $1.28 per common share, compared with GAAP earnings of $5.8 billion or $2.87 per common share in 2021

• Adjusted earnings* of $5.7 billion or $2.81 per common share*, compared with $5.6 billion or $2.74 per common share in 2021

• Adjusted earnings before interest, income taxes and depreciation and amortization (EBITDA)* of $15.5 billion, compared with $14.0 billion in 2021

• Cash provided by operating activities of $11.2 billion, compared with $9.3 billion in 2021

• Distributable cash flow (DCF)* of $11.0 billion or $5.42 per common share*, compared with $10.0 billion or $4.96 per common share in 2021

• Exited 2022 in a strong financial position with Debt to EBITDA of 4.7x

• Reaffirmed 2023 full year guidance range for EBITDA of $15.9 billion to $16.5 billion and DCF per share of $5.25 to $5.65

• Increased the 2023 quarterly dividend by 3.2% to $0.8875 ($3.55 annualized) per share reflecting the 28th consecutive annual increase -- in fact, previously posted -- nothing new for those following the company.
  

• Increased ownership in Gray Oak Pipeline by a further 10% bringing Enbridge's interest to 68.5%

• Toll Settlement reached with B.C. Pipeline shippers and approved by the CER for a five-year term ending in 2026

• Rate case settlement reached with Texas Eastern Transmission, LP (TETLP) shippers and approved by the Federal Energy Regulatory Commission (FERC)

• Completed the previously announced US$1.5 billion investment in Woodfibre LNG

• Successfully placed into service, $4B of conventional and renewable projects in 2022

• Advanced $18 billion portfolio of growth and expansion projects across the enterprise

• Advanced low-carbon strategy announcing a partnership with Oxy Low Carbon Ventures to transport and sequester carbon dioxide in the Corpus Christi area

• Filed rebasing and incentive rate-setting application at Enbridge Gas Inc. (EGI) for the next five years

• Announced the renewal of Enbridge's normal course issuer bid (NCIB) of up to $1.5 billion

• Issued a $900 million Sustainability-Linked Bond (SLB) in Canada, further strengthening Enbridge's commitment to its emissions reduction goals