Sunday, February 27, 2022

Hess Wells One Mile South Of Ray, North Dakota -- February 27, 2022

The GO-Braaten wells are tracked here.

These wells are on two parallel pads about one mile directly south of Ray, North Dakota:

  • 36161, IA/2,320, Hess, GO-Hauge-LW-156-97-2116H-1, Dollar Joe, t2/20; cum 197K 1/22; 
  • 36160, 2,100, Hess, GO-Hauge-156-97-2116H-4, Dollar Joe, t2/20; cum 153K 1/22; 
  • 36159, 2,131, Hess, GO-Hauge-156-97-2116H-3, Dollar Joe, t2/20; cum 168K 1/22; 
  • 36158, 1,914, Hess, GO-Hauge-156-97-2116H-2, Dollar Joe, t2/20; cum 131K 1/22;


  • 38063, conf, Hess, GO-Soine A-156-97-2932H-2, Dollar Joe, first production, 9/21; t--; cum 133K 1/22; 
  • 38062, loc/A, Hess, GO-Soine A-156-97-2932H-3, Dollar Joe, first production, 8/21; t--; cum 116K 1/22; 
  • 38090, loc/A, Hess, GO-Braaten-LW-156-97-2833H-1, Dollar Joe, first production, 8/21; t--; cum 127K 1/22; 
  • 38061, loc/A, Hess, GO-Braaten-156-97-2833H-3, Dollar Joe, first production, 8/21; t--; cum 117K 1/22; 
  • 38060, loc/A, Hess, GO-Braaten-156-97-2833H-2, Dollar Joe, first production, 8/21; t--; cum 136K 1/22;

The parent well:

  • 21497, 736, Hess, GO-Hauge-156-97-2116H-1, Dollar Joe, t3/12; cum 167K 1/22;

***************************

Initial production of selected wells from above.

  • 38063:
DateOil RunsMCF Sold
1-2022128230
12-20211831455867
11-20212631163474
10-20212916763827
9-20214614949745
  •  38062:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-202231111191112929753000
BAKKEN12-202131153361536933350472484717870
BAKKEN11-202130198901988649200544345433797
BAKKEN10-2021162140121337261902983929639200
BAKKEN9-20211918647187506137640191378572334
BAKKEN8-2021529258290812381627466204886978

  • 38090:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-202231125761257122831000
BAKKEN12-202131148761489427930511145103876
BAKKEN11-202130172531726230349456814560081
BAKKEN10-2021312054020525396434353943247292
BAKKEN9-20212729878299518249154836516513185
BAKKEN8-202124316133142255162500703390316167

  • 38061,
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-2022319158916724932000
BAKKEN12-202131126081263928942387843872757
BAKKEN11-202130169441691535348458914580982
BAKKEN10-2021311428614292501816125460844410
BAKKEN9-202129248672500513335278385738334552
BAKKEN8-202116390693883361639642254348720738

  • 38060
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-202231107611076827245000
BAKKEN12-202131142981433729705502255015174
BAKKEN11-202130196891971136441557325563399
BAKKEN10-2021312529125231489125667456294380
BAKKEN9-202128260822621711208079932752904642
BAKKEN8-202111394173917954612707704791922851
  • 36161
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN1-20220000000
BAKKEN12-20210000000
BAKKEN11-202100160000
BAKKEN10-2021312535252890522402723866161
BAKKEN9-2021302343236485251404313227816
BAKKEN8-2021314924524113695449713045014521
BAKKEN7-2021242945282897011940518442963
BAKKEN6-2021304819479412236246652463035
BAKKEN5-2021315631567311434207902069298
BAKKEN4-2021306941669515437178201779327
BAKKEN3-20211308811827321855
BAKKEN2-20217119313812499604436122432
BAKKEN1-2021319586955215354399391589024049
BAKKEN12-2020255989602911534298001642213378
BAKKEN11-202030839783151104535437354343
BAKKEN10-202031930992781585847609423845225
BAKKEN9-2020309580974591952285422285569
BAKKEN8-20202812564124511106353060500762984
BAKKEN7-20203116648164561737146668456041064
BAKKEN6-2020002260000
BAKKEN5-2020291510015091159393330733008299
BAKKEN4-2020281716717159291993488634612274
BAKKEN3-2020312351623622357184718446225959
BAKKEN2-20202937371370566725965700634202280
BAKKEN1-20200000000

Initial Production Data For Wells Coming Off Confidential List This Next Week -- February 27, 2022

The wells:

  • 38126, conf,  CLR, Dennis FIU 5-8H1, Cedar Coulee, no production data,
  • 38125, conf,  CLR, Flint Chips Federal 5-5H1, Cedar Coulee, no production data,
  • 38488, conf,  Eagle Operating, M Miller 29-9, Feldner Coulee, no production data,
  • 38419, conf,  Ovintiv, Bernice 150-99-20-17-7H, South Tobacco Garden,
DateOil RunsMCF Sold
12-20212063433967
11-20215811073
  • 38124, conf,  CLR, Dennis FIU 4-8H, Cedar Coulee, no production data, 
  • 38418, conf,  Ovintive, Bernice 150-99-20-17-6H, South Tobacco Garden,
DateOil RunsMCF Sold
12-20213137545194
11-2021466852
  • 38123, conf,  CLR, Flint Chips Federal 4-5H, Cedar Coulee, no production data, 
  • 38063, conf,  Hess, GO-Soine A-156-97-2932H-2, Dollar Joe,
DateOil RunsMCF Sold
1-2022128230
12-20211831455867
11-20212631163474
10-20212916763827
9-20214614949745
  • 38122, conf,  CLR, Dennis FIU 3-8HSL1, Big Gulch, no production data, 
  • 38208, conf,  Petro-Hunt, Gulbranson 163-100-1B-12-3H, West Ambrose, no production data, 
  • 38121, conf,  CLR, Flint Chips Federal 3-5HSL1, Big Gulch, no production data, 
  • 38120, conf,  CLR, Dennis FIU 2-8HSL, Big Gulch, no production data, 
  • 38119, conf,  CLR, Flint Chips Federal 2-5HSL, Big Gulch, no production data, 
  • 38118, conf, CLR, Dennis FIU 14-8H, Cedar Coulee, no production data, 
  • 38498, conf, Eagle Operating, VM 5-2, Feldner Coulee, no production data, 
  • 38117, conf, CLR, Dennis FIU 13-8H1, Cedar Coulee, no production data, 
  • 37335, conf, Whiting, Miller 44-10-2H, Sanish,
DateOil RunsMCF Sold
12-20211452215684
11-20211658816046
10-20211406613552
9-20211454813433
8-202112321102

Cognitive Dissonance -- Assuming One Has Cognition -- February 27, 2021

 This will be quite the state of the union address when Joe Biden mentions that he will be lifting sanctions on Iran and their nuclear enrichment program just as Russia goes nuclear in Ukraine.

Wells Coming Off The Confidential List This Next Week -- February 27, 2022

Monday, March 7, 2022: 9 for the month, 117 for the quarter, 117 for the year
38126, conf,  CLR, Dennis FIU 5-8H1,

Sunday, March 6, 2022: 8 for the month, 116 for the quarter, 116 for the year
None.

Saturday, March 5, 2022: 8 for the month, 116 for the quarter, 116 for the year
38125, conf, CLR, Flint Chips Federal 5-5H1,

Friday, March 4, 2022: 7 for the month, 115 for the quarter, 115 for the year
38488, conf, Eagle Operating, M Miller 29-9,
38419, conf, Ovintiv, Bernice 150-99-20-17-7H,
38124, conf, CLR, Dennis FIU 4-8H,

Thursday, March 3, 2022: 4 for the month, 112 for the quarter, 112 for the year
38418, conf, Ovintiv, Bernice 150-99-20-17-6H,
38123, conf, CLR, Flint Chips Federal 4-5H,

Wednesday, March 2, 2022: 2 for the month,  110 for the quarter, 110 for the year 
38063, conf, Hess, GO-Soine A-156-97-2932H-2,

Tuesday, March 1, 2022: 1 for the month,  109 for the quarter, 109 for the year
38122, conf, CLR, Dennis FIU 3-8HSL1,

Monday, February 28, 2022: 53 for the month, 108 for the quarter, 108 for the year
38208, conf, Petro-Hunt, Gulbranson 163-100-1B-12-3H,
38121, conf, CLR, Flint Chips Federal 3-5HSL1,
38120, conf, CLR, Dennis FIU 2-8HSL,
38119, conf, CLR, Flint Chips Federal 2-5HSL,
38118, conf, CLR, Dennis FIU 14-8H,

Sunday, February 27, 2022: 48 for the month, 103 for the quarter, 103 for the year
38498, conf, Eagle Operating, VM 5-2,

Saturday, February 26, 2022: 47 for the month, 102 for the quarter, 102 for the year
38117, conf, CLR, Dennis FIU 13-8H1,
37335, conf, Whiting, Miller 44-10-2H,

Warren Buffett's Annual Letter -- I'll Come Back To This Later -- Palindromic Sunday -- 2-27-22

Link here.

Three quick observations:

  • the incredible amount of "value" in BRK that does not drop to the bottom line due to accounting rules;
  • the huge connection with Ft Worth, TX (we live in a "suburb" north of Ft Worth);
  • the value of Burlington Northern railroad.