Sunday, October 7, 2012

Confidential Wells Coming Off Confidential List; Petro-Hunt With a Straw Into the Tyler; BEXP With A Nice Well; Whiting With a Very Nice Pronghorn Well; OXY USA With A Good Well;

RBN Energy with a nice story on crude-by-rail, part II. 
RBN Energy with a look at the Jones Act: maritime act raising the cost of coastal shipping. 

Bakken Operations

Active rigs in North Dakota: 190, steady.

The following wells came off the confidential list over the long weekend and on Tuesday; Saturday, Sunday, and Monday reported below; Tuesday tomorrow.

21308, drl, KOG, Koala 14-32-29-3H, Banks,
22060, 621, Whiting, Zalesky 31-18PH, North Creek, t/4/12; cum 24K 8/12;
22104, 541, CLR, Morison 1-14H, Bully, t7/12; cum 12K 8/12;
22540, 291, CLR, Jarlsberg 1-25H, Wildrose, t7/12; cum 7K 8/12;
22597, drl, Gadeco, Alexander 25-36H, Epping,
22623, drl, BEXP, Heen 26-35 3TFH, Todd,
20580, 540, OXY USA, Terry Dvorak 1-15-22H-142-95, Murphy Creek, t4/12; cum 12K 8/12;
22081, drl, BEXP, Heen 26-35 2H, Todd,
22166, drl, Samson Resources, Outback 25-36-162-97H, Bluffton,
22167, 1,545, Whiting, Frank 44-7PH, Bell, t4/12; cum 85K 8/12;
22512, drl, BEXP, Lonnie 15-22 2TFH, Ragged Butte,
22545, drl, G3 Operating, J Haugen 1-9-4H, Climax,
21148, 809, CLR, Pasadena 1-11H, Banks, t7/12; cum 38K 8/12;
22291, 2,650, BEXP, Arvid Anderson 14-11 3H, Alger, t9/12; cum --
21981, drl, CLR, Alpha 1-14H, Camp,
22410, drl, Slawson, Ann Nelson [Federal] 3-31-30H, Ross,
22564, 80, Petro-Hunt, Wollan 152-96-27B-1-3, Clear Creek, a Minnelusa well;  t5/12; cum 7K 8/12;
22569, 272, Whiting, Stecker 23-3, Hoot Owl, a Red River well; t7/12; cum 11K 8/12;
20424, 1,156, XTO, FBIR Grinnell 41X-1C, Heart Butte, t7/12; cum 6K 8/12;
21995, drl, Abraxas, Ravin 26-35-3H, North Fork,

COMMENT: Petro-Hunt's Minnelusa Wollan well (from the file report): a vertical well intended to test sand in the lower portion of the Tyler formation that appears to be oil on water. It was spudded April 9, 2012, and reached total depth of 7,857 feet on April 18, 2012." Nine days. Tyler formation.

It looks like the Tyler was about 80 feet thick at this location: top Tyler target - 7,597 feet; base Tyler target - 7,607 feet; base Tyler Sand target - 7,681 feet.

This well was not stimulated (not fracked).

[For archival purposes: Big Snowy/Otter - 7,697 feet, the top of the Lodgepole.]

The Frank 44-7PH well to date:
DateOil RunsMCF Sold
8-20121420015270
7-20121489316082
6-20121531918378
5-20122316024653
4-20121769117412

The Pasadena 1-11H well to date:
DateOil RunsMCF Sold
8-20121259715774
7-20122051517865
6-201241351456

Petro-Hunt's Minnelusa Wollan well:


PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
MINNELUSA8-2012311502132223218251018034
MINNELUSA7-2012311855200033519545019328
MINNELUSA6-201230215820847517299017088
MINNELUSA5-2012181639118649863608510


Fifteen (15) new permits:
  • Operators: Petro-Hunt (9), KOG (3), Fidelity (2), Whiting
  • Fields: Charlson (McKenzie), Sanish (Mountrail), Clear Creek (McKenzie), Moccasin Creek (Dunn)
Comments: I'm watching to see if any new permitting by OXY and/or Newfield; none today


The Benches

For those who are new to the site and coming across the phrase, "the lower benches" for the first time: here is a short blurb posted earlier this year. [The link is broken; I will try to find the link.]

Continental Resources provides great graphics of the Three Forks benches. Go to the Continental Resources website; click on the "For Investors" tab at the top of the page; then "Events and Presentations" tab at the top right; and click on any presentation you want. Slides 13 and 14 of the August corporate presentation shows the "benches."

In addition, there is a stand-alone post on CLR's Charlotte wells testing the hypothesis that there are four producing benches in the Three Forks formation.

Aerial Photos of the New Bypass North of Williston

Updates

Later, 11:38 pm: see comments below. The company working on designing this project is SRF, headquartered out of Minneapolis, MN, with regional offices in Fargo and Bismarck. Click here for link to their website. It appears it is easy to contact their principals by e-mail if interested in additional information. A huge "thank you" for the reader who took the time to send in this information.

Original Post
Readers can help us out on this one.

A reader was kind enough to send some incredible aerial photos of what I think is the "new" bypass road north of Williston as it comes to/crosses "2 & 85" about five miles north of Williston.

It's definitely not the 13-mile corner north of Williston (unless they completely eliminated the arc).

I don't think it's the corner at 60 Avenue NW because 60th Avenue NW is completely straight, and in the bottom-most photo one can see the county highway has a distinctive curve about a mile in the distance. It has to be 57th Street Northwest (my hunch is County Highway 6 is now 57th Street Northwest).

But about five miles north of Williston is County Highway 6, which has that distinctive curve about a mile east of "2 & 85."

So, I think this "brand new" intersection is about five miles north of Williston, where County Highway 6 intersects with "2 & 85." If so, I think the well at the intersection is:
  • 22414, conf, Zenergy, Tufto 13-24H, Cow Creek,
I will be glad to let readers correct me.

Having said all that: look at the amount of asphalt used at the intersections: I can only imagine the engineering that was done to make this intersection stand up to all the truck traffic it's going to see.

Then, look at all the truck traffic.

And the crew camps.

Those who grew up in Williston, but who have long since left, will hardly recognize these amazing changes.

A huge thank you to the reader for sending these photos to be shared.


See comment below: the middle photo captures the location and early work on Love's Truck Stop.


If I am correct that this is County Highway 6 crossing "2 & 85" north of Williston: the four-lane divided highway is US Highway 2 and 85 running north - south from Williston, north of Williston about five miles on the way to Minot. The county highway is running west - east. In the bottom-most photo one is looking east off into the direction and the distinctive curve to the south about a mile in the distance.

One can see a new oil well / pad off to the right, in the southeast corner of the intersection.

The "13-mile corner" is about another seven or eight miles to the north (to the left) of the bottom-most photo.

Truckers must really appreciate this new bypass.

Nodding Donkeys In the Bakken, Eagle Ford, and the Utica

Link here to Bloomberg.

Data points later, maybe, except this one:
New wells in the Bakken formation of North Dakota and Montana generate enough pressure to flow on their own for as long as two years before pump jacks or other so-called artificial-lift equipment is needed, Jeffrey B. Hume, executive vice chairman of Continental Resources Inc., the dominant Bakken operator, said in an e-mailed statement yesterday. 
A little bit of hyperbole, perhaps. It depends.

Great News for Chevron in Ecuador

From the Wall Street Cheat Sheet:
According to the World Bank’s arbitration panel, Ecuador must pay Occidental Petroleum Corporation  $1.77 billion to resolve a contract dispute following the country’s canceling the firm’s oil concession in 2006. However, the government has already announced that it will not comply with any ruling it does not like. So there.
If there's ever a "final" judgement against Chevron in Ecuador, Chevron can take a similar attitude. I assume. What goes around, comes around.