3Q12 Wells On "DRL" Status Have Been Updated; CLR Has Some Nice Murphy Creek Wells

I have just updated the IPs for wells that were on "DRL" status back in 3Q12 when they came off the confidential list.

Three things were noted (two of which were not unexpected):

• BEXP continues to report wells with  2,500 to 3,500 bbl-IPs
• BR also reports similarly huge IPs
• CLR is reporting some unusually high IPs in Murphy Creek

After three or four years of tracking every Bakken well in the current boom, one starts to get a feelig for the typical IP for any given operator.

It's my experience that CLR wells generally have IPs between 500 and 900 bbls.

So, it was quite surprising to see the  CLR Murphy Creek wells, specifically the Roadrunner and Clvoer wells, coming in with IPs above 1,000 bbls. Go to the link and quickly scroll through the wells to get a feeling for the IPs.

Whiting to Test a Horizontal in a Legacy Formation in 2013

A comment provided by a reader:

A very minor comment. Whiting November presentation around page 12 shows they are developing some Red River "D" wells verticals. Then they said they will try a horizontal fairly soon.

Not minor at all;  could be a big deal before it's all over.

Presentations can be found here.

In Whiting's "Big Island" prospect in southwest North Dakota, Whiting has continued with its vertical Red River drilling program.

Data points (some numbers rounded):

• Big Island prospect: 122,000 net acres
• 50 prospects in the Upper Red River "D"
• an average of two drilling locations per prospect
• average IP across last seven wells: 275 boepd
• EUR: 200 - 300 mboe (200,000 to 300,000 bbls equivalent)
• cost; $3 - $3.5 million (compare with $10 million Bakken wells)
• completed the Ross 13-2 in August, 2012; 300 boepd

And then this: Whiting will test the Lower Red River "D" zone with a horizontal well in 2013.

Bakken Might Need 50,000 More Workers In the Next Few Years ....

... which was posted earlier. Now we learn that Alberta oil sands might need as many as 130,000 more workers over the next seven years. Canada is considering a well-disciplined, highly-trained, motivated group of men and women.

About That Rig ....

Nabors to OSHA: Get a warrant.

But, if you want to see the photos, here they are.

[Huge thanks to a reader for sending me the links. By the way, the link takes you to a great blog, one I have linked before but just too many oil and gas links to keep track of. I appreciate everyone's help sending me links to help me out. I generally don't credit by "name," other than to say "reader." If anyone wants more specific credit, please let me know.]

"They" are blaming the mishap on a computer error. I'm trying to figure out what might have led the computer to think it was time to close up shop for the day. Maybe the oft-talked-about-seldom-seen "9-to-5 bureaucrat virus."

Chesapeake's Grenz, #21885 With An IP Of Zero; Hutzenbiler, #22223, Also A Goose Egg

To the best of my knowledge these have not been posted previously. I was updating the IPs of wells that were last reported to be on "DRL" status, and these popped up.

• 21885, 0, Chesapeake, Grenz 26-138-98 A 1H, Bakken/Three Forks, the well produced 77 bbls of oil in 25 days of production in September, 2012; 
• 22223, 0, CHK, Hutzenbiler 9-137-99 A, a Madison well;  t6/12; cum 419 bbls 9/12; the well was on-lie for 6 days in September; there was no production during those six days.

The Grenz well had some production, not a dry hole:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN/THREE FORKS	9-2012	25	77	0	18791	0	0	0
BAKKEN/THREE FORKS	8-2012	9	28	0	8110	0	0	0

The Hutzenbiler well had some production, not a dry hole:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
MADISON	9-2012	6	0	0	0	0	0	0
MADISON	8-2012	7	177	395	30735	252	0	252
MADISON	7-2012	19	164	0	22974	887	0	887
MADISON	6-2012	15	78	0	8407	264	0	264