Random Update Of An Old EOG Short Lateral In Parshall Oil Field -- March 30, 2018

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Title : Random Update Of An Old EOG Short Lateral In Parshall Oil Field -- March 30, 2018
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Random Update Of An Old EOG Short Lateral In Parshall Oil Field -- March 30, 2018

For newbies: Some folks keep talking about newer wells in the Bakken affecting older wells in a negative manner. That's possible. I don't know. I just see a lot of these examples, where there is a jump in production in an older well when neighboring wells are fracked.

In the production profile below, between early 2015 and early 2013, just two years:
  • a jump in production from 2,000 bbls/month to 7,000 bbls/month, November, 2013
  • a jump in production from 5,000 bbls/month to 8,000 bbls/month in October, 2014
Not only is there a jump in production for a month or two, but the affect lasts several month, extending the period in which there is higher production, affecting a) the decline rate; and, b) the EUR.

Note: prior to neighboring wells being fracked, this well (#16543) was down to 2,000 bbls/month, arguably a very mediocre well. That was back in March, 2013. After neighboring wells were completed, not only was their significant jump in production on two occasions, but the baseline production was up to 4,000 bbls/month.

A Bakken trope/meme (I don't know if it's a myth): new wells will result in less production from older wells. Example after example proves this is not the case.


The well, a single section EOG well in Parshall oil field:
  • 16543, 1,015, EOG, Florence 1-04H, Parshall, t7/07; cum 511K 1/18
Earlier production:
BAKKEN 2-2015 28 3754 3763 693 1266 0 1038
BAKKEN 1-2015 31 4689 4700 814 1579 0 1327
BAKKEN 12-2014 31 5663 5686 1287 1830 0 1586
BAKKEN 11-2014 30 7025 7046 1697 2202 259 1699
BAKKEN 10-2014 31 8062 8061 2313 2535 0 2283
BAKKEN 9-2014 30 7789 7769 2719 2475 0 2231
BAKKEN 8-2014 4 290 184 720 51 0 35
BAKKEN 7-2014 1 5 0 23 3 0 0
BAKKEN 6-2014 0 0 0 0 0 0 0
BAKKEN 5-2014 0 0 0 0 0 0 0
BAKKEN 4-2014 0 0 0 0 0 0 0
BAKKEN 3-2014 13 2287 2297 352 735 0 670
BAKKEN 2-2014 28 4986 4986 1393 1666 12 1514
BAKKEN 1-2014 30 6501 6538 1448 2104 1176 778
BAKKEN 12-2013 23 5972 5955 1019 1918 1502 306
BAKKEN 11-2013 30 7232 7480 2177 3578 3428 0
BAKKEN 10-2013 4 492 234 650 231 211 0
BAKKEN 9-2013 0 0 0 0 0 0 0
BAKKEN 8-2013 19 1532 1506 470 870 778 0
BAKKEN 7-2013 28 2260 2270 572 1387 1247 0
BAKKEN 6-2013 26 1608 1735 484 1041 916 0
BAKKEN 5-2013 31 2180 2046 456 1221 1066 0
BAKKEN 4-2013 30 1997 1997 503 0 0 0
BAKKEN 3-2013 31 2081 2081 484 1209 1054 0
BAKKEN 2-2013 28 1769 1849 439 1194 1054 0

The neighboring wells and the test dates of those wells:
  • 25254, EOG, t11/13;
  • 27042, EOG, t8/14; 
Remember, the index well is a short lateral. Had this been a long lateral, one can argue that total production would have been double what we see here.





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