Sunday, June 30, 2019

Notes From All Over -- Part 2 -- June 30, 2019

One of the "big stories" I used to follow was the "energy debacle" in Europe. I follow the story once in awhile now, but not as much any more.

Don sent me a great article -- which I would have missed -- that really spells it out. Interesting read.

From zerohedge. I don't see this as imperialism or a "battle" -- it's just free-market capitalism and making choices. I would stay away from the opining and editorializing and just pay attention to the "facts," statistics, etc.

From the linked article:
One of the most important energy battles of the future will be fought in the field of liquid natural gas (LNG).Suggested as one of the main solutions to pollution, LNG offers the possibility of still managing to meet a country’s industrial needs while ameliorating environmental concerns caused by other energy sources. At the same time, a little like the US dollar, LNG is becoming a tool Washington intends to use against Moscow at the expense of Washington’s European allies.

Human Interest Story -- June 30, 2019

Link here to The Dickinson Press.

Hopefully folks won't run into a paywall, it's a great story.

**********************************
Military

100%, without question, if a high school student has no idea whatsoever what he or she wants to do, I always suggest looking into the military. It is absolutely incredible what the military offers.

Three vignettes.

The linked story at The Dickinson Press is of a Native American female who enlisted at the age of 17. Because she was not yet of legal age, her mother had to sign for her. Upon enlistment, she takes a test; qualifies to become a medic, i.e., an enlisted "Radar" or "Klinger" you might see on M*A*S*H. Twenty years later she is a physician in the National Guard with real-world experiences.

Our son-in-law, similar story. Enlisted in the US Navy at age 17. His mother had to sign for him for the same reason for him to enlist. He tests and scores high enough to teach nuclear weapon courses to incoming engineering officers. After a couple of years, he boot-straps himself into an ROTC engineering course at the University of Arizona. He returns to active duty officer as a nuclear submariner and after 15 years in that role, one step from commanding his own submarine, he applies to and gets accept to Harvard Business School. He is now chief information officer / chief operating officer for a Fortune 500 company based out of London. And it all started at age 17, taking a qualifying exam in the military. 

For me, I was in the process of applying for my advanced degree when my mother sent me a notice that the military was offering scholarships (or "full rides") in return for four years of service. I applied, was accepted, and enjoyed it so much, I stayed 30 years and a day.

MRO's Bill Connolly In Bailey Oil Field -- Re-Fracked; New Production 40X Greater After Re-Frack -- June 30, 2019

Updates

August 8, 2019: updated recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN6-20193022893228083117620766140154676
BAKKEN5-20193124374245254640319440102486967
BAKKEN4-20192629475295359024520752534412964
BAKKEN3-201954502375520278000


Original Post

For newbies: MRO has an aggressive re-frack program in the Bailey oil field. Here is another example.

The well:
  • 16736, 377, MRO, Bill Connolly 21-25H, Bailey, t1/108; cum 262K 4/19;
Previous post:
May 13, 2019: #16736, huge jump in production but only 5 days of production; in area of a lot of new fracking; need to check up on production over three or four full months. Re-fracked, 2/22/19 - 3/9/19; 6 million gallons of water; 90% water in the injection;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN4-20192629475295359024520752534412964
BAKKEN3-20195450237552027831545572030
BAKKEN2-20190000000
BAKKEN1-20190000000
BAKKEN12-20180000000
BAKKEN11-201812344031969
BAKKEN10-201831844680243786420128
BAKKEN9-20183081791014376647858
BAKKEN8-201831837110313879753029

So, note that the 26-day production of 29,475 bbls extrapolates to 34,010 bbls/30-day month.

How did this well do at the original frack?

BAKKEN10-20083145884378985249724970
BAKKEN9-200830472248801003238523850
BAKKEN8-200831523951731185283928390
BAKKEN7-200823272426811477126512650
BAKKEN6-20083030282898699134413440
BAKKEN5-20083133113457725152115210
BAKKEN4-20083037323639844185818580
BAKKEN3-200831475346561045197719770
BAKKEN2-200829574658111239213221320
BAKKEN1-2008268262792221433133130

So, for the cost of mediocre re-frack, MRO got a huge "new" well. 

Enerplus Danks Well In Antelope Oil Field Coming Back On Line? -- June 30, 2019

Random update of two wells in section 17-151-94. Both wells are on 320-acre spacing. One is on the W/2 of the section (320 acres); the other is in the E/2 of the section (20 acres). The EOG well remains off line; the Enerplus well is back on line but not clear how this well will play out. Note in the production profile below, the Danks well produced around 5,000 bbls of oil in one day on two different occasions: once in 4/19; and once in 5/19; will continue to follow.


May 19, 2019: on 320-acre spacing; these are the only two wells in section 17-151-94; they both went inactive 1/19; remain inactive 3/19:
  • 20307, in the west half, IA/1,328, EOG, Clarks Creek 103-17H, Antelope, Sanish pool, t11/11; cum 153K 12/18; only 1,000 bbls/month; off line as of 1/19; still inactive, 3/19; remains inactive as of 5/19;
  • 19693, in the east half, 722, Enerplus, Danks 17-44H, Antelope, Sanish pool, t7/11; cum 234K 12/18; only 1,000 bbls/month; off line as of 1/19; still inactive, 3/19; active as of 4/19; 

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
SANISH5-20191523349606402785107615
SANISH4-20191489344666165734007185
SANISH3-20190001000
SANISH2-20190000000
SANISH1-2019132461404
SANISH12-201819760101844111400982
SANISH11-20183011791489577176901560

XTO Nelson Federal Wells In Antelope Oil Field Back On Line -- June 30, 2019

The XTO Nelson Federal wells are now coming back on line. Earlier, all of these wells were IA, but now four  of them are back to active status and the rest will probably be on active status next month (5/19) -- remember, paperwork generally lags two months from what is going on in the field, so I assume all these wells are now back on line and producing:
May 29, 2019:
  • 34486, 1,244, XTO, Nelson Federal 21X-5BXC, Antelope-Sanish, t3/19; no production data,
  • 34487, 857, XTO, Nelson Federal 21X-5FXG2, Antelope-Sanish, t5/19; no production data, 
    • neighboring wells
      • 28184, A, off line since 10/18; t11/15; cum 248K 10/18; active as of 4/19;
      • 28185, IA, off line since 10/18; t11/15; cum 254K 10/18; did have one day of production in 3/19;
      • 28183, IA, off line since 10/18; t11/15; cum 317K 10/18; did have one day of production in 3/19;
      • 28255, IA, off line since 9/18; t10/15; cum 276K 10/18; produced water three days in 3/19, but no oil production;
      • 18435, A, off line since 10/18; t3/11; cum 298K 10/18; active as of 4/19;
      • 28256, A, off line since 10/18; t10/15; cum 193K 10/18; active as of 4/19;
      • 28257, A, off line since 10/18; t10/15; cum 248K 10/18; active as of 4/19;