tag:blogger.com,1999:blog-3555233033952952657.post5221927278162258508..comments2023-11-02T09:34:58.512-05:00Comments on Bakken Shale: Some Austin Well Info, Mountrail Co.Teeguehttp://www.blogger.com/profile/11331850464011934960noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3555233033952952657.post-34126644291566833552008-02-18T09:46:00.000-06:002008-02-18T09:46:00.000-06:00The well in section 3 is now in the corner of the ...The well in section 3 is now in the corner of the section. It is on the north end like 170 rods from section 2 to the east. Are they running 2 legs to encompass all of section 2 or are they only running one across one quarter in section 3 and across all of section 2?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-83878199796313013652007-12-30T19:41:00.000-06:002007-12-30T19:41:00.000-06:00That's the part no one knows the answer to until t...That's the part no one knows the answer to until they see if the lateral on 1280 acres adds to output from the two sections versus just reduces the output from the two wells already on sections 2 and 3 (corrected, not 1 and 2) using a 640 acre spacing. We should know the answer to that question by next summer or fall.<BR/>This is the well to watch that is on the 1280 acre spacing on section 3 Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-42303134626615411752007-12-30T14:29:00.000-06:002007-12-30T14:29:00.000-06:00thanks David for the comments. so if eog does what...thanks David for the comments. so if eog does what there saying there going to experiment with, by putting two laterals per section and one 1280. what do you think the average out put would be for 10 to 20 years out. something around 200 to 500 bopd per section..thanks..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-55514518084567062192007-12-25T06:45:00.000-06:002007-12-25T06:45:00.000-06:00Does anyone have a number to toss out with respect...Does anyone have a number to toss out with respect to how much gas a typical well in the Parshall/Austin field might produce once the pipeline is in and the gas gets old rather than flared off? I have been guessing that the value of the gas might be 10-15% of the value of the crude oil produced each month, but this is only an uneducated hunch on my part.<BR/><BR/>I think the Feb-March date EOG Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-24213995183897271632007-12-25T06:35:00.000-06:002007-12-25T06:35:00.000-06:00EOG seems pretty confident that they can recover 7...EOG seems pretty confident that they can recover 750,000 bbls of oil from each section drilled in the Parshall/Bakken field almost irrespective of the initial bopd figure. According to Mark Papa in one of his responses during an analyst presentation, the Bartelson 1 well, one of the first completed which initially produced 1800 bopd, produced an average of 600 bopd over an entire year, but was Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-52143373985115557972007-12-23T23:44:00.000-06:002007-12-23T23:44:00.000-06:00200 or less by next summer. have you heard of any ...200 or less by next summer. have you heard of any in the parshall field decreasing 75 percent in only 6 months after drilling. if so i would like to know which ones. i sure havn't heard of any yet...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-17689189779723164832007-12-23T20:09:00.000-06:002007-12-23T20:09:00.000-06:00It will probably be 200 or less bopd by next summe...It will probably be 200 or less bopd by next summer, and 100 not long after that, and then 50, then 20, etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-21579265725438312642007-12-23T17:30:00.000-06:002007-12-23T17:30:00.000-06:00Ok well production is very high intially but it de...Ok well production is very high intially but it declines. A few years from now those wells may only be pumping 200 bopd. At the end of the wells life it will be producing very little. It's alot like holding up a wet sponge at first alot of water flows out but after a little bit the pace slows.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-41972789036016620542007-12-22T21:42:00.000-06:002007-12-22T21:42:00.000-06:00so if this well is producing 800 barrels a day and...so if this well is producing 800 barrels a day and recovery is only 750,000. this well would be dry in less then three years,correct ??. i thought i read some place that these wells would last 20 to fourty years..i believe i read that in one of your posting about the montana wells that had a article about the length of the bakken wells..Anonymousnoreply@blogger.com