Friday, June 8, 2012

Jim Creek Field

Updates


Permits Issue in 2016


32899, SI/NC, CLR, Dvirnak 9-7H, 7-146-95, part of case #25171, 28 wells on an existing 2560-acre unit;
32811, loc, CLR, Ryden 9-24H, 13-146-96,
32810, drl, CLR, Ryden 8-24H, 13-146-96,
32809, drl, CLR, Oakdale 10-13H1, 13-146-96,
32808, drl, CLR, Oakdale 9-13H, 13-146-96,
32807, drl, CLR, Oakdale 7-24H2, 13-146-96,
32806, loc, CLR, Oakdale 8-13H2, 13-146-96,
32805, loc, CLR, Ryden 6-24H, 13-146-96,
32804, loc, CLR, Ryden 5-24H1, 13-146-96,
32803, loc, CLR, Oakdale 7-13H, 13-146-96,
32802, loc, CLR, Oakdale 6-13H1, 13-146-96,
32749, SI/NC, CLR, Dvirnak 8-7H, 7-146-95, part of case #25171, 28 wells on an existing 2560-acre unit;
32748, SI/NC, CLR, Dvirnak 7-7H1, 7-146-95, part of case #25171, 28 wells on an existing 2560-acre unit;

Permits Issued in 2015
(the list appears to be complet)

32381, conf, BR, Hawktail 11-11MBH-ULW,
31195, 306, CLR, Bonney 6-3H, t10/15; cum 19K 11/15;

Permits Issued in 2014

30212, conf, BR,
30211, conf, BR,
30141, drl, CLR, Dvirnak 6-7H1,
30140, drl, CLR, Dvirnak 5-7H,
30139, drl, CLR, Dvirnak 6-7H2,
30138, drl, CLR, Dvirnak 7-18H2,
30137, drl, CLR, Pletan 6-18H,
30136, drl, CLR, Pletan 5-18H1,

Permits Issued in 2013

26954, 1,307, CLR, Ryden 2-24AH1, 4 sections, t7/15; cum 31K 11/15;
26953, 1,577, CLR, Ryden 3-24H, 4 sections, t7/15; cum 68K 11/15;
26952, 790, CLR, Ryden 4-24H1, 4 sections, t7/15; cum 46K 11/15;
26951, 527, CLR, Oakdale 2-13H1, 4 sections, t7/15; cum 56K 11/15;
26950, 726, CLR, Oakdale 3-13H, 4 sections, t7/15; cum 31K 11/15;
26949, 391, CLR, Oakdale 4-13H1, 4 sections, t7/15; cum 42K 11/15;
26948, 531, CLR, Oakdale 5-13H, 4 sections, t8/15; cum 49K 11/15;
25167, conf, CLR,
25166, conf, CLR,
25165, conf, CLR,
25110, 1,143, CLR, Bonney 3-3H1, t6/14; cum 107K 11/15;
25109, 995, CLR, Bonney 4-3H, t6/14; cum 123K 11/15;
25108, 946, CLR, Bonney 5-3H1, t6/14; cum 78K 11/15;


Permits Issued in 2012

22810, PNC, CLR, Ryden 2-24H, 4/13;
22222, PNC, CLR, Bonney 3-3H, 1/13;

Permits Issued in 2011

21833, 897, CLR, MicahLucas 2-5H/Lorin 2-5H, t2/15; cum 60K 11/15;
21713, 894, CLR, Sloan 2-17H, t2/15; cum 59K 10/15;
21228, 673, CLR, Nadia 2-30H, t3/12; cum 147K 10/15;
21032, 905, CLR, Benner 1-6H, t1/12; cum 172K 10/15;
20809, 1,294, CLR, Pletan 4-18H, t12/11; cum 174K 10/15;
20808, 1,106, CLR, Pletan 3-18H, t12/11; cum257K 10/15;
20807, 831, CLR, Dvirnak 3-7H, t12/11; cum 289K 10/15;
20806, 744, CLR, Dvirnak 2-7H, t12/11; cum 217K 10/15;
20607, 814, CLR, Grande 1-18H, t10/11; cum 146K 10/15;
20625, 1,946, Oasis, Berkner Federal 5602 43-11H, t3/12; cum161K 10/15;

Permits Issued in 2010

20230, 293, CLR, Chase 1-19H, t7/11; cum 130K 10/15;
19968, 757, CLR, Pletan 2-18H, t8/12; cum 235K 10/15;
19340, 759, CLR, Nadia 1-30H, t12/10; cum 147K 10/15;
19168, 313, CLR, Rhonda 2-28H, t2/11; cum 231K 10/15;
19023, 726, CLR, Skachenko 2-31H, t6/11; cum 149K 10/15;
19022, 453, CLR, Meadowlark 2-6H, t6/11; cum 252K 10/15;
19021, 879, CLR, Skachenko 3-13; t6/11; cum 185K 10/15;
19020, 744, CLR, Meadowlark 3-6H, t6/11; cum 114K 10/15;
18836, 163, CLR, Kelling 2-4H, t12/10; cum 150K 10/15;
18795, 1,074, CLR, Bonney 2-3M, t8/12; cum 274K 10/15;
18679, 1,371, CLR, Medicine Hole 2-27T; t7/10;  cum 167K 10/15;

Original Post

Located in northwestern Dunn County. It sits between Little Knife and Murphy Creek, and immediately north of Cabernet oil field: potentially a very good field.
It is a very irregularly shaped field. It is about 48 sections, half of one township to the north, and half of one township to the south. 

Long string of wells running west to east in middle of the field (all data after #18679 inclusive updated up above):
  • 21833, conf, CLR, Lorin 2-5H,
  • 17411, 335, CLR, Lorin 1-5H, t3/09; cum 95K 10/15;
  • 18836, 163, CLR, Kelling 2-4H, t12/10; cum 71K 4/12;
  • 16732, 190, short lateral, CLR, Kelling 1-4H/Kostenko 1/4H (probably needs to be re-fracked?); Jim Creek, ; cum 159K 10/15; no production between 8/10 and 2/11; re-fracked? Regardless, back on line with 2,000 bbl/month production; in 2012, about 1,500 bbls/month
  • 18795, 1,074, CLR, Bonney 2-3M (interesting designation), t8/10; cum 136K 4/12;
  • 22222, conf, CLR, Bonney 3-3H,
  • 17135, 143, CLR, Bonney 34-3H, t9/08; cum 204K 10/15;
  • 17374, 83, BR, Fox Tail 31-10H, t11/08; cum 135K 10/15;
  • 16703, 144, CLR, Kelly 44-2H, t1/08; bcum 198K 10/15;
  • 18673, 480, CLR, Kelly 2-2H, t6/10; cum 182K 10/15;
  • 17390, no ip, BR, Hawkeye 41-11H, s8/08; cum 156K 10/15;
  • 17259, 381, BR, Firebird 11-12H, t2/09; cum 155K 10/15;
  • 16858, no ip, CLR, State Dolezal 44-1H, s12/07; cum 194K 10/15;

Ten (10) New Permits -- The Williston Basin, North Dakota, USA

Daily activity report, June 8, 2012 --
  • Operators:  KOG (4), Slawson (3), MRO, North Plains Energy
  • Fields: Midway (Williams), Van Hook (Mountrail), Murphy Creek (Dunn), Elm Tree (McKenzie), Stockyard Creek (Williams), Epping (Williams)
Timing is interesting. I updated Big Bend field today which is "owned" by Slawson, and now, after being relatively quiet, Slawson has three more permits, including two in Elm Creek. It was back in May, 2010, that I said that Elm Tree would eventually see some action. It took longer than I thought.

KOG's permits are for wells in Epping and Stockyard Creek fields. Stockyard Creek is one of my favorite fields because of the my memories associated with it east of Williston. It turns out that it is one of the more active fields.

MRO's permits are in the Murphy Creek oil field. There are several different operators working this field, and many wells are approaching three and four years: allows one to start comparing results of different operators over time.

Four wells released from "tight hole" status:
  • 20266, no data, SM Energy, Wold 15-33H,
  • 20782, 577, Enerplus, Cedar 148-94 12D-01-4H,
  • 21760, no data, Hess, CA-Halverson-154-95-0409H-1,
  • 21785, no data, Enerplus, Jackal 149-93-31A-30-1H,
Interesting: 3 of 4 wells not completed. Fracking backlog resolved?

Tesoro Refinery Expansion Almost Complete

See link.

Random Note Comparing An Early Eagle Ford Well With the Bakken

From Yahoo!InPlay:
Penn Virginia provides an update on Lavaca County Eagle Ford Shale operations; Schacherl #1H, with 22 frac stages and a lateral length of ~ 5,450 feet, had an average initial production rate of 1,277 boepd of wellhead volume: The third exploratory "earning" well, the Schacherl #1H (75% working interest) on our 13,500 gross acre area of mutual interest in Lavaca County was completed and turned in line at the end of May. The Schacherl #1H, with 22 frac stages and a lateral length of ~ 5,450 feet, had an average initial production rate of 1,277 barrel of oil equivalents per day (BOEPD) of wellhead volume (90% oil and 10% wet gas; 1,011 BOEPD average over the first seven days of production). This well has been significantly choked with a flowing pressure of ~ 3,350 pounds per square inch on a 14/64" choke as the recovery of frac fluid continues. 
Data points
  • significantly choked (14/64ths) 
  • short laterals
  • nice IPs
  • 22 stage fracs
  • if my calculations are correct, PennVirginia has a very small position in this county: 13,500 gross acres in a county that looks to be slightly more than 620,000 acres
Don't worry. I'm not going to start following the Eagle Ford vis a vis the Bakken, but it's interesting to compare the Eagle Ford wells with thte Bakken.

The Demise of the US Coal Industry

Updates

December 13, 2012: hundreds attend hearings in Vancouver, WA, regarding new terminals to ship coal to Asia. Economic suicide groups. 

June 25, 2012: the perfect storm. The administration vowed to kill the coal industry; the faux environmentalists put the regulations in place years ago; and, now, natural gas is so inexpensive, it looks like the administration has accomplished its mission. And with the demise of the coal industry, the end of a lot of pollution abatement. We're talking billions of dollars.
An indication of how much new emissions rules and cheaper natural gas have hammered the value of coal-burning generation will come when Exelon announces the results of the first big sale of U.S. coal-fired power plants in four years.

Exelon, the largest U.S. power company, may have to take a 40 percent discount for three Maryland plants it’s seeking to sell by the end of August. Bidders including NRG Energy Inc. have offered $600 million to $700 million for the units, which have a fair value of $1 billion, ...

Original Post
At Yahoo!InPlay:
9:00AM Alpha Natural Resources to reduce coal production from Kentucky Mines: Co plans to curtail coal mining operations in its northern and southern Kentucky business units as continued market pressures and new regulations on coal-fired power plants make production from certain mines in those areas uneconomic. Alpha's Kentucky affiliates will discontinue mining at four mines and idle two coal preparation plants in Pike and Martin counties. Production will be scaled back at several other mines, and four contract mines will close. In aggregate the production cuts will reduce Alpha's shipments of thermal coal by an additional two million tons this year and four million tons in 2013.