Impact Of Neighboring Fracks -- January 4, 2019

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Title : Impact Of Neighboring Fracks -- January 4, 2019
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Impact Of Neighboring Fracks -- January 4, 2019

Here we go again, with another example, another nail in the Hubbert coffin.

Put Another Log On The Fire, Tompall Glaser


This well was reported today:
  • 33588, 378, Oasis, Muri 5298 14-28 9T, Three Forks, 50 stages, 4 million lbs, Banks, t7/18; cum 84K 11/18;  #18651, #18980 -- 
Two neighboring wells to follow: one remains off line; the other is back on line --
  • 18651, 462, Oasis, Berquist 34-27H, 33-053-03105, Banks, t8/10; cum 377K 11/18;
Production after initial frack more than eight years ago, followed by the dreaded Bakken decline:

BAKKEN 9-2011 28 6094 5633 2409 21431 19787 1544
BAKKEN 8-2011 24 5802 5419 1980 19025 17846 1079
BAKKEN 7-2011 28 6569 6934 3207 35390 35039 0
BAKKEN 6-2011 30 10668 10833 4035 40085 39680 0
BAKKEN 5-2011 30 10085 10337 2432 26352 23235 2712
BAKKEN 4-2011 29 14200 14238 3686 36778 36678 0
BAKKEN 3-2011 29 16720 16862 7447 41286 31628 9558
BAKKEN 2-2011 24 7375 7289 2909 13141 1878 11163
BAKKEN 1-2011 30 10010 9819 2399 18151 11901 6150
BAKKEN 12-2010 31 10760 11011 2729 22437 18787 3550
BAKKEN 11-2010 30 11731 11453 3512 23427 18577 4750
BAKKEN 10-2010 31 12607 12702 4876 25319 18469 6750
BAKKEN 9-2010 30 12589 12276 4679 15744 15644 0
BAKKEN 8-2010 27 9884 9827 4244 15845 15745 0
BAKKEN 7-2010 9 3844 3336 513 603 503 0


So, how is this well doing now, eight years later? According to FracFocus, this well was not re-fracked. I did not check the sundry forms at the NDIC. One well like this will not move the needle, but tens of thousands over 35 years certainly will. It didn't cost Oasis a dime to see this increased production. Well, I'm sure there were some associated costs ... whatever.

Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 11-2018 29 11196 11182 17963 29281 28802 189
BAKKEN 10-2018 31 9838 10015 18593 22348 21700 338
BAKKEN 9-2018 5 1659 979 8947 3165 3074 41
BAKKEN 8-2018 0 0 0 0 0 0 0



 


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