For Newbies -- This Is Happening All Over The Bakken -- Mineral Owners Have Noticed This For Years -- September 18, 2018

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Title : For Newbies -- This Is Happening All Over The Bakken -- Mineral Owners Have Noticed This For Years -- September 18, 2018
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For Newbies -- This Is Happening All Over The Bakken -- Mineral Owners Have Noticed This For Years -- September 18, 2018

Look at this graphic.


Pay attention to these wells:
  • #20521 drilled back in 2012.
  • #17407 drilled back in 2009.
  • The 31XXX wells completed in July, 2018.
The production for #17407 is at this post: http://themilliondollarway.blogspot.com/2018/09/xto-fenton-federal-with-huge-jump-in.html.

Pertinent production for #20521. This well has not produced since 2015 when it was producing 2,000 bbls / month. Came off-line when Saudi Surge destroyed oil prices. Operator managing assets very, very well:
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 7-2018 25 10219 9853 25037 13195 0 13168
BAKKEN 6-2018 2 0 0 2229 0 0 0
BAKKEN 5-2018 0 0 0 0 0 0 0
BAKKEN 4-2018 0 0 0 0 0 0 0
BAKKEN 3-2018 0 0 0 0 0 0 0
BAKKEN 2-2018 0 0 0 0 0 0 0
BAKKEN 1-2018 0 0 0 0 0 0 0

So, how is #31966, one of the 31XXX wells looking?
  • 31966, 1,803, XTO, George Federal 21X-19F2, Lost Bridge, t7/18; cum 18K after 20 days; 2nd bench of the Three Forks -- 
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 7-2018 20 18482 17820 46026 20147 0 20105
BAKKEN 6-2018 1 0 0 3970 0 0 0

Other wells:
  • 31964, 2,823, XTO, George Federal 21X-19E, Lost Bridge, t7/18; cum 16K after 8 days, extrapolates to 60,000 bbls for a 30-day month.
  • 31961, SI/NC, XTO, Bang Federal 21X-19A, Lost Bridge, t--; cum 15K after 11 days;


Thus Article For Newbies -- This Is Happening All Over The Bakken -- Mineral Owners Have Noticed This For Years -- September 18, 2018

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