Another Look At The Rolf Well In Brooklyn Oil Field -- March 2019

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Title : Another Look At The Rolf Well In Brooklyn Oil Field -- March 2019
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Another Look At The Rolf Well In Brooklyn Oil Field -- March 2019

Let's go back and look at this earlier posting. Re-posting:
A reader sent me this earlier today (I won't get to all of this right now -- too busy -- but will come back to it later). From the reader:

I thought you might enjoy this example of the Bakken being awesome.
More Rolf wells were recently drilled and fracked which produced this result on an existing well. This month it it produced 23,432. The new Rolf and Springfield wells have been capped, perhaps awaiting the new gas plant being built on section 16 in Brooklyn Township.
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 1-2019 30 19636 19251 58855 25522 24915 220
BAKKEN 12-2018 5 462 435 22 923 0 882
BAKKEN 11-2018 0 0 0 0 0 0 0
BAKKEN 10-2018 0 0 0 0 0 0 0
BAKKEN 9-2018 4 145 265 87 335 267 20
BAKKEN 8-2018 31 1489 1614 885 3441 3025 0
BAKKEN 7-2018 29 1284 1147 691 2921 2546 0

I wonder if anyone really looked at how big a deal this really is.

This was was originally drilled/completed in mid-2011. By September, 2018, it had produced a total of 249,409 bbls of crude oil. Then in January, 2019, no re-frack, it produced 19,636 bbls.

The following month, February, the reader said it produced 23,432 bbls of crude oil.

The raw numbers are impressive, but the percentages are even more striking.
  • January, 2019: 19636 / 249,409 = 7.87%
  • January + February, 2019: 43,068 / 249,409 = 17.268%
In other words, in two months, this well -- not re-fracked -- produced almost 20% ofthe total this well had produced between mid-2011 and the end of 2018. This speaks volumes about:
  • the decline rate
  • what we don't know about the Bakken
  • and, a whole bunch of other things







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