Wednesday, October 12, 2011

WOW, WOW, WOW -- I SURE HOPE I DID NOT MISREAD THIS -- NEWFIELD REPORTS AN IP OF 3,731 -- One-Section Spacing -- Bakken, North Dakota, USA

Westfield oil field: 15 miles northeast of  Watford City: right in the Bakken bull's eye

Updates

April 14, 2012: IPs and cumulatives updated this date.

Original Post

I know comparing a short lateral with a long lateral is almost comparing apples and oranges, not quite, but they are different, so to say that a short lateral that reports an IP of 3,731 would be the same as a long lateral reporting an IP of 7,400 would be inaccurate, but ... something to think about ... the reason I bring it up is because some folks note that long laterals at $8 milion are expensive, but that would be similar to a short lateral costing $4 million ... again, not quite, and no one was "complaining" when short laterals were going in for $4 million -- at least I didn't hear a lot of complaining, whereas at $8 - 9 million I am hearing more comments/concerns/complaints.

Four wells coming off confidential list today:
  • 18691, 3,731, Newfield, Wisness Federal 152-96-4-2H  --- 35,849 bbls in first 25 days. Okay. Westberg field, Bakken. One section spacing. Middle Bakken at 10,573 feet.  26 stages. 2.2 million pounds of proppant;  no acid. s4/11; t7/11; cumulative 61,336 bbls in 53 days (less than 2 months); total depth 16,012 feet; fracked "on time." Sand only. I.N.C.R.E.D.I.B.L.E. Cumulative 150K 2/12.
  • 19058, 2,834, BEXP, Bures 20-29 1H; Alger; s4/11; t11/11; F; cum 74K 2/12;
  • 20398, DRL, GADECO, Golden 25-36H; s10/12/2011
  • 20490, 2,609, QEP,  MHA 1-32-29H-150-91; Heart Butte; s4/11; t11/11; F; cum 107K 2/12;
Westberg Oil Field
  • 31 sections or so
  • Northeast corner of McKenzie County -- here we go!
  • 15 miles northeast of Watford City
    Other wells producing in the immediate area 
  • 17345, 902, Newfield, t3/09; cum 213K 2/12;  Bakken, 1-section spacing
  • 18626, 2,955, Newfield, t5/10; F; cum 153K 2/12; Bakken, 1-section spacing
  • 17687, 1,077, Newfield, t3/09; cum 185K bbls 2/12; Bakken, 1-section spacing
  • 18820, 584, Hess, t8/10; F; cum 161K 2/12; Bakken, 2-section spacing
  • 16985, 472, Newfield, t8/08; cum 181K 2/12; Bakken, 1-section spacing
  • 18177, 1,844, BR, t10/09; F; cum 195K 2/12; Bakken, 2-section spacing
The files can be hard to read and information may not always be there, so take the following with the proverbial grain of salt.

I'm not sure if I'm reading the file report correctly, but it appears that #16985, completed in 2008, was fracked with five (5) stages with 700,000 pounds of Econoprop.

18177 was fracked with five (5) stages; again, I may be misreading the file, but that's what it looks like to me.

18820 was fracked with 18 stages; 900,000 pounds proppant and 1.8 million pounds sand.

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