Wednesday, August 6, 2008

EOG's Initial Austin Wells Improving

Larry put together an analysis of the production of the initial Austin wells:

EOG’s initial Bakken wells in Austin are beginning to look like the PetroHunt well in the Charlson field. Production keeps increasing.

Austin 2-03H


AUSTIN 4-09H

9/15/2007


10/19/2007

IP Date

11/10/2007


12/19/2007


Jun-08

29199


32605

May-08

31854


30861

Apr-08

16331


20416

Mar-08

19615


26008

Feb-08

18401


24427

Jan-08

25535


37507

Dec-07

32262


23726

Nov-07

39114



BBLS to date

212311


195550

11 comments:

Allen S. said...

Nice, very nice.

Does anyone know if they have done any reworking of the wells to achieve this, or is it merely a function of opening the choke?

Just Curious,

Allen S.

Anonymous said...

The 2-3 was put on pump on May 1st and the 4-9 was put on pump on May 6th. Prior to that they were both flowing...not sure if up tubing or casing.

Anonymous said...

They likely installed ESP's.

Anonymous said...

Does anyone know the monthly production history for the Austin 1-02H, the EOG well that will test the Huff-n-Puff technique to stimulate production? EOG appears to be experimenting with this techique in older Bakken wells after pumping no longer yields satifactory production. Does anyone know whether this technique has proven successful in other fields with similar characteristics to the Bakken?

Anonymous said...

the 4-09h and 2-03h look like wells recently put on pump. what is larry smoking ?

Anonymous said...

What are the oil price implications of a U.S. Naval blockade in the Gulf?

"Massive U.S. Naval Armada Heads for Iran"
http://europebusines.blogspot.com/2008/08/
massive-us-naval-armada-heads-for-iran.html

Anonymous said...

Can someone explain to me how things work if they have a water well disposal on their land?
Does the land owner get any money off this well?
Do the mineral owners get paid for this well?
How is the company that put up this well get paid?
Anyother information on this would be greatly appreciated.
Thanks

Anonymous said...

re: austin 1-02h. the production looks a lot like the other parshall wells: producing with a steep decline due to depletion above the bubble point. this well was apparently recently placed on pump. i dont see any evidence of any huff an' puff, most of the gas is being flared.

Anonymous said...

This question may have been asked before I am not sure. I was told that the oil coming out of the ground in say N.D. is only worth ~85.00 per barrel, if this is true then why. If it is light sweet crude why not the going rate of 115 -120 or whatever it is?

Anonymous said...

At times it has been worth $85 a barrel, current prices can be found on the Rocky Mountain Oil Journal. Which coincidentally has a link on the right hand side of this page.

Anonymous said...

For Fun;
http://www.earthscienceworld.org/games/VirtualOilWell/content/page1.htm