Production By Association -- The Nathan Hale -- Spotted Horn -- November 25, 2018

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Title : Production By Association -- The Nathan Hale -- Spotted Horn -- November 25, 2018
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Production By Association -- The Nathan Hale -- Spotted Horn -- November 25, 2018

The Grizzly wells are coming off the confidential list this next week.

The graphic:


The well of interest, has not been re-fracked according to NDIC data at this time, last sundry form of note received in 2013:
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 9-2018 1 0 52 24 2 0 2
BAKKEN 8-2018 23 12332 12543 2039 17767 16327 0
BAKKEN 7-2018 31 16105 16005 2444 19438 15898 1654
BAKKEN 6-2018 30 26589 26639 5557 32093 23505 5274
BAKKEN 5-2018 31 8377 8171 4914 10112 6117 2116
BAKKEN 4-2018 18 2243 2216 2896 2707 982 1291
BAKKEN 3-2018 25 6576 6761 4828 7937 4612 2386
BAKKEN 2-2018 23 17139 17228 6048 20688 11684 6583
BAKKEN 1-2018 22 14317 14981 6872 17280 10324 4721
BAKKEN 12-2017 31 22754 22034 11469 27464 10535 13741
BAKKEN 11-2017 28 19318 19146 18597 23316 1568 18995
BAKKEN 10-2017 5 923 931 310 1114 26 914
BAKKEN 9-2017 29 1155 1079 192 1394 610 84
BAKKEN 8-2017 11 362 357 102 439 114 69

Someone recently said that they could quit drilling new wells in the Bakken for a year or so, simply completed the DUCs and return inactive wells to production, and North Dakota would continue to maintain production at current levels. The example above supports that view.

Whatever happened to all that talk about the Red Queen?

I also remember all that hand-wringing by mineral owners upset that oil companies were going to be drilling new wells near their wells that were already producing.

Something tells me there is still a lot to learn about tight oil, unconventional oil, the Bakken. 


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