Thursday, March 5, 2020

Initial Production Being Reported For Some New EOG Liberty LR Wells -- March 5, 2020

See this post for the list of wells. Some of the newer wells are now producing and look to be large wells.

Examples follow.

The wells:
  • 23958, loc, EOG, Liberty LR 107-1109H, Parshall, initial production:
DateOil RunsMCF Sold
1-20202177017191
12-20192719114970
11-20193534617412
10-20193918024625
9-20195415937865
  • 33432, drl, EOG, Liberty LR 43-1109H, Parshall, intial production:
DateOil RunsMCF Sold
1-2020188063562
12-2019241548565
11-20192932111806
10-20194036923463
  • 33433, loc, EOG, Liberty LR 42-1109H, Parshall, initial production:
DateOil RunsMCF Sold
1-2020201576243
12-2019223477580
11-20193142211057
10-20193754321695
9-20192026425

At $49.89-Brent, It's Quickly Becoming An Existential Issue For Saudi Arabia -- March 5, 2020

Coronavirus Update

March 5, 2020, tracked here:
  • Italy out of control: 769 new cases. Compare with --
    • China: 160
    • South Korea: 467
    • Iran: 591  
    • US: 51; with one new death; 12 / 209 = 5.7% fatality rate
    • the US numbers will now start to rise very, very quickly
      • that's the nature of infectious diseases
      • more testing will be done as more and more test kits become available
      • quarantine is entirely voluntary (it was reported this past week that a numbskull from New Hampshire visited his physician for fever/cough; was diagnosed to have coronoavirus infection; told to quarantine at home; instead, went to a "mixer" that night for medical professionals)
      • huge amount of travel between Seattle/Silicon Valley and China
  • Deaths 
    • With 41 new deaths today, Italy has recorded almost 30% more new deaths than China (32) today. The Chinese number is "final" for the day; the Italy number could yet rise.
  • Almost all EU cases can be traced back to Italy, and many cases around the world can be traced back to Italy.
**************************** 
Back to the Bakken

Active rigs:

$45.873/5/202003/05/201903/05/201803/05/201703/05/2016
Active Rigs5469614535

Two new permits, #37429 -- #37430, inclusive --
  • Operator: Hess
  • Field: Alkali Creek (Mountrail)
  • Comment:
    • Hess has permits for a two-well EN-Madisyn pad in Alkali Creek, section SWSE 7-154-94.
Three permits canceled:
  • EOG (2): two Clarks Creek permits, both in McKenzie County;
  • XTO: an Abby Federal permit in Dunn County
A producing well (a DUC) reported as completed: pending.

**********************************
Two Days Old

MatthewMark (Baby A)
LukeandJohn (Baby B)

Enerplus Adds Another Permit To Its 10-Well "Game Fish" Pad in Phaelens Butte/Squaw Creek -- March 5, 2020

Locator: 10010ENERPLUSGAMEFISH.

Updates

May 30, 2024: production updates.

November 19, 2023: two wells just went off line, and there are a lot of area wells on confidential:


Updates

37428:

DateOil RunsMCF Sold
5-20222217623127
4-20222339920469
3-202250653818

36987:

DateOil RunsMCF Sold
5-20223589937486
4-20221662014605
3-2022633477

36988:

DateOil RunsMCF Sold
5-20221427114903
4-20223426930144


36989:

DateOil RunsMCF Sold
5-202230854503
4-20222353520702


36990:

DateOil RunsMCF Sold
5-202234512563
4-20222880334116

36991:

DateOil RunsMCF Sold
5-202241201672
4-20223908234377

 Original Post 

The permit (from the daily activity report, March 4, 2020):

  • 37428, conf-->loc/drl-->drl/drl--> F/A, Enerplus, Cutthroat 149-94-36C-25H-TF, Phaelens Butte/Squaw Creek, Lot 4 3-148-94; 897 FNL 479 FWL; this well looks to be placed to the far west on the "Game Fish" pad; it looks like, of the seven "Game Fish" wells, four will target the Three Forks; the other three, the middle Bakken; see above, starting to report; t4/22; cum 275K 3/24;
Current 10-well pad:
  • 36987, drl/drl-->drl/TASC-->drl/A, Bass....25H, 892 FNL 513 FWL, t5/22; cum 263K 3/24;
  • 36988, drl/drl-->drl/TASC-->F/A, Bluegill...25H-TF, t4/22; cum 238K 3/24;
  • *****36989, drl/drl-->drl/TASC-->drl/A, Shad....25H, t5/22; cum 277K 3/24;
  • *** 36990, drl/drl-->loc/TASC-->F/A, Moray....25H-TF, t5/22; cum 237K 3/24;
  • 36991, drl/drl-->drl/TASC-->drl/A, Minnow....25H, t5/22; cum 355K 3/24;
  • 21754, 654, Enerplus, Grouper 149-94-36D-25H, Phaelens Butte/Squaw Creek, t7/12; cum 337K 2/22; off line; just came back on line, 3/24; cum 372K 3/24;
  • 36992, PNC, Steelhead....25H-TF,
  • 36342, PNC, Gnu....10H-TF-LL,
  • 36343, PNC, Addax....10H-TF,
  • 36344, PNC, Camel....10H,
  • 36345, PNC, Genet....10H-TF, 850 FNL 826 FWL
If you are wondering, the "Big Game" pad is located 1,900 feet directly to the east, in the same section.


An EOG Austin Well Soon To Go Over 1 Million Bbls Cumulative Crude Oil -- March 5, 2020

The well:
  • 17222, 1,769, EOG, Austin 18-21H, Parshall, 640-acre unit, t9/08; cum 993K 1/20;
Average about 2,500 bbls/month
  • January, 2020: 993K
  • Delta: 7,000 bbls
  • Projected one-million bbls: next month, April, 2020 
EOG has several milllion-bbl Austin wells in the Parshall oil field.

Well, Well, Well -- This Is Nice -- Typical Phenomenon In The Bakken; 55-Fold Jump In Production -- March 5, 2020

The well:
  • 16711, 297, Petro-Hunt, USA 1D-4-1H, 33-053-02814; Charlson, t6/08; cum 98K 1/10; according to FracFocus, no frack since the original, back in 2008, almost twelve years ago;
Previous note:
  • October 4, 2019: #16711; offline as of 8/19; Petro-Hunt; Charlson; remains off line 12/19;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020181303912395461812500
BAKKEN12-20190000000
BAKKEN11-20190000000
BAKKEN10-20190000000
BAKKEN9-20190000000
BAKKEN8-20190000000
BAKKEN7-2019192184364615015
BAKKEN6-201930349204782530253
BAKKEN5-2019313904476028156225
BAKKEN4-2019303945007730419284
BAKKEN3-2019314284637548919776
BAKKEN2-20192840022760180010

Note:
  • 13,039 bbls in 18 days extrapolates to 21,732 bbls;
  • 21,732 / 400 bbls = a 55-fold increase in production;
I'll come back to this one later.

Same thing in neighboring well, running in opposite direction. The well:
  • 16941, 360, Petro-Hunt, Phelps Mineral Trust 7B-2-1H, Charlson, t1/09; cum 84K 1/20; 
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2020251023598411008416800
BAKKEN12-20190000000
BAKKEN11-20190000000
BAKKEN10-201911300000
BAKKEN9-20190000000
BAKKEN8-20191100000
BAKKEN7-201919339456821310131
BAKKEN6-2019305524741673190319

Another well in the immediate area, production jumps from 200 bbls/month to 10,000 bbls/month. The well:
  • 16693, 300, Petro-Hunt, USA 12B-2-1H, t8/08; cum 83K 1/20; from 175 bbls/month to 9,937 bbls/month, a 57-fold jump:
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-202031993710016342521600
BAKKEN12-201927974310569382611188011016
BAKKEN11-2019533762314153517663017628
BAKKEN10-201913201510010
BAKKEN9-20190000000
BAKKEN8-20190000000
BAKKEN7-201921107037332211
BAKKEN6-2019301412313524973176
BAKKEN5-201931166223271046638
BAKKEN4-2019301782204726238196