Saturday, July 27, 2019

Is CLR Getting Ready To Frack Its Pittsburgh / Uhlman Federal Wells? -- July 27, 2019

It appears CLR is getting ready (or has already) fracked its Pittsburgh / Uhlman Federal wells in Banks oil field. At least one well was checked at FracFocus and there is no data for these wells.

The Pittsburgh / Uhlman Federal wells are tracked here.

Little Pete Federal Wells Lookin' Good -- July 27, 2019

The Little Pete Federal wells are tracked here. 

The well:
  • 32221, 962, XTO, Little Pete Federal 41X-3HXE2, Bear Creek, t7/17; cum 168K 5/19; off line as of 7/18; according to FracFocus, this well was fracked 3/21/2017 - 4/7/2017;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-20193120779205963527925096250080
BAKKEN4-20193016669163942816518114116786330
BAKKEN3-20190000000
BAKKEN2-20190000000
BAKKEN1-20190000000
BAKKEN12-20180000000
BAKKEN11-20180000000
BAKKEN10-20180000000
BAKKEN9-20180000000
BAKKEN8-20180000000
BAKKEN7-20180000000
BAKKEN6-2018004800000
BAKKEN5-2018201274012726140621548114937468
BAKKEN4-2018301792717715161142068320129473
BAKKEN3-201831174431745716876000

Jump In Production, An Old Oasis Crane Federal Well -- July 27, 2019

Updates

Later, 7:29 p.m. CT: immediately after posting the data below I got this note from a reader who really, really follows the Bakken very, very closely and sees so much that I miss. This note will be very interesting over time ... not sure how to save this note so as not to lose it in all the clutter -- I'll worry about that later / solve the problem later. But for now, here's the note/observation from the reader:

That production profile from #21903 (see below) seems to be very significant, but I do not know what to make of it regarding, specifically, the big surge in gas production.
Looking at the high, relatively flat oil production, one might deduce this is another example of a 'recharging' of the formation pressure via 'halo' from nearby frac or ... something else.
The highly elevated produced water levels show water was injected for some purpose, somewhere. Interestingly, the flat level of produced water implies some type of controlled flowback over several months. This, if accurate, would be in line with the restricted production practice (choking) so as to maintain elevated, induced formation pressure.
Not sure and, as you say, don't wish to get ahead of my headlights.
Biggest curiousity, however, is the significant 'spread' in the amount of produced gas versus produced oil. It is a LARGE change in proportionality. Going WAY out on a speculative limb here, but I wonder if newly opened, ultra, ultra tiny fissures (pore throats, specifically) are being blocked by the larger asphaltene molecules.
So little data is available to monitor this, but ongoing evidence for some time has implied a lot of the oil left behind is, indeed, the larger, more viscous molecules. If this is correct (big 'if', for sure), then miscible type EOR could prove especially effective as the remaining hydrocarbons would respond favorably by 'thinning'.
Original Post
 
The well:
  • 21903, 873, Oasis, Crane Federal 5300 41-26H, API: 33-105-02455, not re-fracked; t5/12; cum 366K 5/19;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-201931977898581411921154208440
BAKKEN4-20193011216115141703023058227580
BAKKEN3-2019311165611739173832047620166310
BAKKEN2-20192811999117951714217385171050
BAKKEN1-20193110797111241939215496151860
BAKKEN12-20183110422104651913112272119620
BAKKEN11-20183010455106582369910424101240
BAKKEN10-2018317957744929550857082600
BAKKEN9-2018142278206714725244023000
BAKKEN8-2018313851386726272343431240
BAKKEN7-20181515509361793110749240
BAKKEN6-20180000000
BAKKEN5-20180000000
BAKKEN4-201823118514623878150585

It Appears EOG Is Getting Ready To Drill "New" Liberty LR Wells In Parshall Oil Field -- July 27, 2019

Finally, it looks like the "33XXX" EOG Liberty LR permits/wells are starting to be drilled.

Specifically, #33432 is now drl status.

These wells are tracked here.

The EOG long reach wells on the east side of the river are tracked here.

Why US Natural Gas Is Preferably Moving To Asia Rather Than Europe -- Oilprice Contributor -- July 27, 2019

Updates

Later, 7:57 p.m. CT: see first comment. Some of my observations may be incorrect (that's not news, LOL) and a reader has corrected them. Much appreciated. I would trust the reader's comments much more than I would trust my own. I will have to take another look. Much appreciated -- the reader taking time to write.

Original Post 

Link here.

Two takeaways:
  • cheaper to move natural gas to Asia than Europe
  • Asia's demand for energy (coal, natural gas) is insatiable
Another takeaway:
  • China eager to replace coal with natural gas
    • air pollution is the big reason (maybe the only reason)
    • public relations (FWIW: atmospheric CO2)
Look at the opportunity for the US natural gas industry, short tons coal produced by five top producing countries:

 
********************************* 
The Book Page

Update on my books for the week.

I continue to enjoy The Vikings and the biography of Constantinople by Lars Brownworth, c. 2009.

The former is a much more scholarly book, a great reference book.

I've never understood how / why WWI broke out -- no matter how much I read on the lead-up to that war, I still don't understand it. Same with Constantinople. I've never understood it. Everything in that period: the break-up of Charlemagne's kingdom; the Holy Roman Empire; Constantinople; the Vikings; the Vandals; Justin (and the Justinian Codex), the evolution of the feudal system. All of it. Never understood it. I guess for most of my high school history teachers, Constantinople was a bridge too far.

But Brownworth does an incredible job covering one thousand years of history and a geographical expanse from Persia to Scotland to Spain to Carthage.

I've always wondered why the Vandals seemed to have disappeared from history of abruptly. Their origins and arrival in western Europe is just as mysterious. But after they arrived, they got a lot of historical press, their fifteen minutes of fame, and then abruptly disappeared.

From Brownworth, pages 87 - 89, the Romans under the Justinian leadership out of Constantinople, decided to take on the Vandals once and for all. Their African capital -- from where they controlled the Mediterranean -- was Carthage. To make a long story short -- no elephants this time -- the Romans (again, out of Constantinople) conquered Carthage, 533 A.D.
The victory shattered the Vandals so thoroughly that they virtually disappeared from history. [Their leader] Gelimer survived to flee into the mountaints and fight on, but by the time winter was over, he realized it was a lost cause and surrendered. [The Roman leader] Belisarius entered the bustling city  of Hippo in triumph and found there both Gelimer's vast treasury and the looted riches of Rome. Within a few months, Sardinia, Corsica, and Gibraltar had fallen, and this extraordinary victory was complete. The Vandal kingdom had been distinguished in little more than a year, and the watching world had been put on notice. The [Roman] empire was returning to claim its own.