Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018
link : Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018

Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018

Production profile at this post. Scroll down and look at the jump in production at various times. Once you see the pad, it will make sense. In addition, it was re-fracked, July 31, 2016 - August 1, 2017: only 2.9 million gallons of water; and 94% water by weight (very little sand) -- FracFocus; sundry form -- an IP of 820 on the re-frack; 1.4 million lbs of sand and 12 stages; a very, very small frack.

For newbies:

• note the mix of middle Bakken wells and first bench of the Three Forks
• we haven't even started drilling the lower benches of the Three Forks fro this pad yet
• note the completion strategy Equinor is using; re-fracking parent wells with small amounts of water/proppant at same time daughter wells are being fracked with optimized completions

For newbies: another chapter in the life-history of the Bakken wells that will produce for 35 years. These are the metrics that are important:

• how fast the well pays for itself -- in the Bakken, improving over time
• the EUR -- it turns out that the EUR is not static
• primary production as a percent of original oil in place (OOIP) -- it turns out that this is not static
• decline rates -- in the Bakken, improving over time
• operator's management of the asset
• impact of neighboring wells

The well:
21046, 2,264, Equinor/Statoil, Jack 21-16 1H, East Fork, 33-105-02260; t5/12; cum 303K 8/18; 

The graphics: 

Other wells in the lower graphic:

• 21045, 3,205, Equinor/Statoil, Ruth 28-33 1H, East Fork,33-105-02259, re-fracked 8/1/16, 12 stages, 1.5 million lbs, IP of 1,226, t4/12; cum 325K 8/18; very small re-frack for huge return; see below

• 30427, 1,778, Equinor, Ruth 28-33 4TFH, East Fork, t11/16; cum 105K 8/18;
• 30429, 1,770, Equinor, Ruth 28-33 2TFH, East Fork, t11/16; cum 118K 8/18;
• 30431, 3,256, Equinor, Ruth 28-33 3H, East Fork, t11/16; cum 202K 8/18;
• 30428, 1,653, Equinor, Jack 21-16 3TFH, East Fork, t11/16; cum 101K 8/18;
• 30430, 1,438, Equinor, Jack 21-16 8TFH, East Fork, t11/16; cum 113K 8/18;
• 30432, 2,563, Equinor, Jack 21-16 2H, East Fork, t11/16; cum 208K 8/18;

21045: after the very, very small re-frack in August, 2016, this well produced 55,000 bbls of crude oil over the next 18 months and was off-line much of that time; at $50/bbl = $2.8 million. 

BAKKEN	12-2017	19	2833	3118	5955	1983	1682	182
BAKKEN	11-2017	30	7180	6869	12984	7441	5755	1403
BAKKEN	10-2017	31	5851	5767	12216	4848	4509	133
BAKKEN	9-2017	28	3388	3374	10306	3107	2923	41
BAKKEN	8-2017	31	4686	4563	13667	3822	3653	1
BAKKEN	7-2017	0	0	0	0	0	0	0
BAKKEN	6-2017	0	0	3	0	0	0	0
BAKKEN	5-2017	31	93	91	1	59	54	3
BAKKEN	4-2017	2	13	381	36	0	0	0
BAKKEN	3-2017	6	2535	2464	7103	3914	3457	303
BAKKEN	2-2017	25	9934	9864	26914	10431	9652	342
BAKKEN	1-2017	31	11713	11892	32910	12893	11505	815
BAKKEN	12-2016	13	5313	4906	22394	5923	5040	603
BAKKEN	11-2016	30	0	314	0	0	0	0
BAKKEN	10-2016	4	2810	2496	17576	3051	1862	887
BAKKEN	9-2016	30	0	0	0	0	0	0
BAKKEN	8-2016	0	0	0	0	0	0	0

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Thus Article Have We Talked About Jack Yet? Jack 21-16 1H -- #21046? -- October 28, 2018

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