Tucker -- Deed 10 -- Part 9 -- Subpart A -- 1064 -- Black Federal / Hobart Wells

Williams County
Oliver Oil Field: about 20 miles northeast of Williston; north-northeast of Epping; a bit west of Ray;

T157N-R98W-27
W1/2NW1/4 (W2NW4)

Sections 27/34-157-98: 1280-acre spacing
Section 27 is also part of an overlapping 2560-acre unit 


Wells On This Page

• 21626, 723, Kraken, Hobart 1-27H, Oliver, t8/12; cum 244K 7/20; off line 1/20; returned to production, 4/20;
  
• new 4-well pad to the east
• 36973, conf, Hobart LE 35-26 1H, 2560-acre spacing (4 sections), drl, as of 11/14/19; t--; cum 106K 7/20;
  
• 36974, conf, Hobart 34-27 5H, 1280-acre spacing (2 sections, drl, as of 11/15/19; t--; cum 110K 7/20;
  
• 36975, conf, Hobart 34-27 4H, 1280-acre spacing (2 sections), drl, as of 11/16/19; t--; cum 92K 7/20;
• 36976, conf, Hobart 34-27 3H, 1280-acre spacing (2 sections), drl, as of 11/17/19; t--; cum 100K 7/20;
  
• new 3-well  pad to the west
• 36977, conf, Black Federal 33-28 7H, 1280-acre spacing (2 sections), drl, as of 11/11/19; t--; cum 122K 7/20;
• 36978, conf, Hobart LW 34-27 1H, 2560-acre spacing (4 sections), drl, as of 11/14/19; t--; cum 121K 7/20;
• 36979, conf, Hobart 34-27 2H, 1280-acre spacing (2 sections), drl, as of 11/8/19; t--; cum 128K 7/20;
  

Original Post

August 13, 2019:

• 21626, 723, Kraken, Hobart 1-27H, Oliver, t8/12; cum 234K 6/19;

Updates

February 14, 2020: offer from energy company --

• sections 27 and/or 34-T157N-R98W
• Kraken's Hobart unit
• Oliver oil field
• interested buyer: Arroyo Energy Partners, LLC
• decimal unit by their calculations: 0.000292969
• offer: $18,000
• my rule of thumb: landmen offer 1/4th the likely ultimate return -- although the likely ultimate return could take decades

December 24, 2019: see this link. Seven new wells have been drilled to depth; waiting for them to be completed. 

September 18, 2019: six Kraken wells in this area that just came off the confidential list; huge wells. 

September 18, 2019: daily activity report, this date -- seven new permits: one Black Federal and six Hobart permits -- note spacing:

• new 4-well pad to the east
• 36973, Hobart LE 35-26 1H, 2560-acre spacing (4 sections)
• 36974, Hobart 34-27 5H, 1280-acre spacing (2 sections)
• 36975, Hobart 34-27 4H, 1280-acre spacing (2 sections)
• 36976, Hobart 34-27 3H, 1280-acre spacing (2 sections)
• new 3-well  pad to the west
• 36977, Black Federal 33-28 7H, 1280-acre spacing (2 sections)
• 36978, Hobart LW 34-27 1H, 2560-acre spacing (4 sections)
• 36979, Hobart 34-27 2H, 1280-acre spacing (2 sections)