The Million Dollar Way (The Bakken Oil Blog)

Tuesday, April 14, 2020

The CLR Kate Wells In Big Gulch

Updates

September 13, 2021: these DUCs came off the confidential list.

37267, 1,223, CLR, Rodney 4-20HSL1,
37268, 1,787, CLR, Kate 15-19HSL,

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The CLR Kate Wells In Big Gulch

Updates

April 14, 2020: rig on site.

Original Post

Graphics:

The CLR Kate wells in Big Gulch:

37112, ros/drl-->drl/NC, CLR, Kate 3-19HSL1, Big Gulch, Three Forks first bench; first production, 7/21; 10K over 12 days;
37113, drl-->drl/NC, CLR, Kate 4-19HSL, Big Gulch,m middle Bakken; first production, 7/21; 19K over 12 days;
37114, drl-->drl/NC, CLR, Kate 5-19H1, Big Gulch, Three Forks first bench; first production, 7/21; 12K over 12 days;
37115, drl-->drl/NC, CLR, Kate 6-19H, Big Gulch, middle Bakken; first production, 7/21; 14K over 11 days;
37116, drl-->drl/NC, CLR, Kate 7-19H1, Big Gulch, Three Forks first bench; first production, 7/21; 11K over nine days;

12785, 5 (no typo), Leland Oil & Gas, LLC, Carus Fee 21-19, Big Gulch, Birdbear formation - dry; Bakken; t9/90; minimal monthly production, 10K 12/19; 11K 7/21;

37147, drl-->loc/NC, CLR, Kate 11-19H1, Big Gulch, Three Forks first bench; first production 7/21; minimal production;
37148, drl-->drl/NC, CLR, Kate 10-19H, Big Gulch, middle Bakken; first production, 7/21; 2K over 6 days;
37149, drl-->drl/NC, CLR, Kate 9-19H1, Big Gulch, Three Forks first bench; first production, 7/21; 7K over 6 days;
37295, drl-->drl/NC, CLR, Kate 8-19H, Big Gulch, middle Bakken; first production 7/21; 14K over 9 days;

21204, 1,071, CLR, Kate 2-19H, Big Gulch, t1/12; cum 266K 3/21; off line 11/19; back on line 1/20; then offline again, 4/21; coming back on line 7/21;

17577, 406, CLR, Kate 1-19H, Big Gulch, t4/10; cum 191K 3/21; off line 4/21; remains off line 7/21;

37271, conf-->drl/NC, CLR, Kate 12-19H, middle Bakken; Big Gulch, first production, 7/21; minimal production;
37270, conf-->drl/NC, CLR, Kate 13-19H, middle Bakken; Big Gulch, first production, 7/21; minimal production;
37269, conf-->loc/NC, CLR, Kate 14-19H1, Three Forks first bench; Big Gulch, first production, 7/21; minimal production,
37268, conf-->loc/NC, CLR, Kate 15-19HSL, middle Bakken; Big Gulch, frist production, 7/21; minimal production;
37267, conf-->loc/NC, CLR, Rodney 4-20HSL1, Big Gulch, two days, 7/21; minimal production;

So Much Work To Be Done In The Bakken -- April 14, 2020

Actually, I've got so much work to do, I will never catch up.

Oasis reports a very nice well in the Alger oil field today. I haven't updated that field in years and it's a huge field, both in size and production. Maybe I will get around to updating it today.

It is amazing, scrolling through the numbers.

Back in 2013, we were impressed with wells that produced 100,000 bbls of crude oil in a year; many of those wells have not yet reached 300,000 bbls cumulative, but now we are underwhelmed when new wells produce less than 300,000 bbls cumulative in one or two years.

But the Bakken never ceases to surprise me. Case in point. This well has gone for 500,000 bbls crude oil cumulative; ten years old, this well shows no signs of slowing down.

18628, 4,357, Equinor, Jack Cvancara 19-18 1-H, Alger, t5/10; cum 497K 2/20; full production here;

Here's that Oasis well that will report today. In less than five months, more than 130K bbls crude oil cumulative:

35819, 752, Oasis, Oasis Meiers 5692 11-19 9BX, Alger, t10/19; cum 134K 2/29;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	2-2020	29	25699	25684	26836	27266	15925	10935
BAKKEN	1-2020	31	32459	32341	37580	25858	18073	7352
BAKKEN	12-2019	25	15962	16237	17796	12728	9260	3118
BAKKEN	11-2019	30	43358	43269	67131	37682	31422	5841
BAKKEN	10-2019	15	16408	16101	25249	15275	13562	1503

Oasis Will Report A Nice Well Today -- April 14, 2020

Global warming: not! Wow, it's cold in north Texas -- near freezing last night and forecast to be colder tonight. Will last through the week. I'm getting tired of this. Link here (Easter Sunday), and here (current).

The deal: analysis over by Simon Watkins. Consider the source, but there are some interesting observations. For me, the light bulb just went on. Quick: name the country run by a king with a huge fortune in oil. Now, quick, name a country run by a king with a huge fortune that has no military.

US crude oil storage: will be full a month from now.

Valero: has shut down a number of gasoline-producing refinery units (as in completely shut down), and a number of ethanol-producing units.

Wisconsin: still selling gasoline for less than 90 cents/gallon. Milk goes for $4.00+ per gallon, doesn't it? The good stuff is much more when bought by the quart. At least that's my experience.

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Back to the Bakken

CLR's LCU graphic has been updated. Link here.

Active rigs:

$21.69	4/14/2020	04/14/2019	04/14/2018	04/14/2017	04/14/2016
Active Rigs	36	63	61	51	30

Only one well coming off the confidential list today, but it will be a nice one --

Tuesday, April 14, 2020: 12 for the month; 12 for the quarter, 267 for the year:

35819, 752, Oasis, Oasis Meiers 5692 11-19 9BX, Alger, t10/19; cum 134K 2/29;

RBN Energy: Canada's gas market could test storage limits this summer.

The Canadian natural gas market has exited the most recent heating season in reasonable shape. Storage withdrawals were below average thanks to mild winter temperatures, but overall storage levels at the end of the season were not too far out of line with the five-year average thanks to below-average storage levels in the west more than offsetting above-average storage levels in the east.

However, Canadian gas storage may be facing a most unusual test this coming summer as storage injection activity will be influenced by reduced gas demand in the U.S. due to COVID-19 disruptions, as well as the potential for similar pandemic-driven weakness in homegrown demand, especially in Alberta’s gas-intensive oil sands. How the various pushes and pulls on gas flows play out this summer could very well determine if Canadian gas storage might test capacity limits this injection season. Today, we consider this possibility.

Monday, April 13, 2020

Random Update Of Interesting Wells Drilled Back In 2013 -- April 13, 2020

The well:

24180, 4,065, Equinor/Statoil, East Fork 32-29 3H, t8/13; cum 411K 2/20; note periodic jumps in production;
link here: note period small jumps in production;

The well:

24648, 262, MRO, Lincoln USA 16-1H, McGregory Buttes, t2/13; cum 614K 2/20;
note low IP and nice cumulative to date; a steady producer; no jumps in production;

The well:

23080, 1,020, Petro-Hunt, USA 153-95-18B-2H, Charlson, t3/13; cum 325K 2/20;
note: another incredible Petro-Hunt USA well in Charlson oil field; link here;

The well:

19263, 2,429, RimRock/Whiting/KOG, Two Shields Butte 5-7-8-1H, Heart Butte, t10/12; cum 443K 2/20; offline as of 1/19; returned to production, 8/19; small jump in production when it came back on line; link here for production;

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Time Scales

Note: geologic time periods are named differently than archaeological time periods.

A quick reminder:

Phanerozoic eon

Paleozoic era
Mesozoic era (Triassic/Jurassic/Cretaceous periods)
Cenozoic era (Paleogene/Neogene/Quarternary periods)

Quarternary period

Pleistocene / Holocene epochs

Pleistocene epoch

spanning the world's most recent period of repeated glaciations. The end of the Pleistocene corresponds with the end of the last glacial period and also with the end of the Paleolithic age used in archaeology.
Gelasian / Calabrian / Middle / Late ages

The above, geologic time, in millions of years:
the previous epoch (the Pleistocene epoch) from about 3 million years to the present epoch (the Holocene epoch);

the Gelasian age: about 3 million to 2 million years ago
the Calabrian age: about 2 million to 1 million years ago
the middle age (Chibanian Age) of the current epoch began about 800,00 years ago;
the late age (the Tarantian Age, proposed name) of the Pleistocene Epoc began about 130,00 years ago

The current epoch (the Holocene epoch)

the earliest age (the officially ratified Greenlandian age) then began about 11,700 years ago
the middle age (the Northgrippian age)
the current age (the Meghalayan age): c. 2250 BC to the present

The Meghalayan age is now further divided into "historical ages":

Stone Age

Bronze Age: 3300 BC - 1200 BC

Late Bronze Age: - 1200 BC

Iron Age: 1200 BC - 500 BC

Viking Age: 500 BC -- 800 AD (Pre-Roman, Roman, Germanic)
Pre-Roman: 500 BC - 0
Roman: 0 - 400 AD
Germanic: 400 AD - 800 AD

The Middle Ages

The period of European history from the fall of the Roman Empire in the West (5th century) to the fall of Constantinople (1453), or, more narrowly, from c. 1100 to 1453.

Reformations

16th and 17th centuries.

The Enlightenment

The Enlightenment – the great 'Age of Reason' – is defined as the period of rigorous scientific, political and philosophical discourse that characterised European society during the 'long' 18th century: from the late 17th century to the ending of the Napoleonic Wars in 1815.

British Romanticism:
1780 -1830

The Age of Shibboliths;