Monday, October 25, 2021

Random Update On A Reader's Vertical Well In The Bicentennial Field -- October 25, 2021

Updates

July 26, 2022: update. Production from both the Birdbear and Red River from this well. Production since (including) November, 2021:

PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BIRDBEAR5-2022108300000
RED RIVER5-20221020901101000
BIRDBEAR4-202212710000
RED RIVER4-20221416913000
BIRDBEAR3-2022311411410000
RED RIVER3-2022313413391790000
BIRDBEAR2-2022281381420000
RED RIVER2-2022283273421714000
BIRDBEAR1-2022311511410000
RED RIVER1-2022313693391972000
BIRDBEAR12-2021311451370000
RED RIVER12-2021313563302051000
BIRDBEAR11-2021301601350000
RED RIVER11-2021304043232259000
BIRDBEAR10-2021241091400000
RED RIVER10-2021241913371326000

October 26, 2021: the reader who alerted me to this well, provided this for the archives -- looking back through my records, this well used to be operated by Eighty-Eight LLC ( starting in 2015 - - I don’t know the history before 2015) and then in 2016, Sunoco took over as operator. This is an overriding royalty interest owned by Tucker. Ekke did not have an interest in this well.

Original Post

A reader alerted me to a recent check from "Energy Transfer Crude Marketing, LLC," dated 10/20/21. The well is currently operated by FH Petroleum Corp but payment was handled by the company noted.

It appears the check was for production going back to September, 2020, and through, August, 2021. That would make sense: operators don't have to "cut" checks for any amount less than $100, but must send a royalty check at least annually, no matter how small.

The average price received by the company for the crude oil it sold:

  • September, 2020: $32.13
  • July, 2020: $65.05
  • July, 2021: $65.05

The prices suggest this oil was hedged.

It's hard to believe the reader received any royalties at all considering how little oil is being produced by this vertical Birdbear / Red River well (not a Bakken well, not horizontal)

This well is located out in the "middle of nowhere," even by North Dakota standards. It is on/near the county line of McKenzie County and Golden Valley, near the Montana state line, in the Bicentennial oil field. There are very, very few wells out here.

Here is a screenshot of the scout ticket going back about one year. Note that the vertical well is drawing oil from two formations, the Birdbear and the Red River. 

The best thing about this well for the reader is that it holds this "entire" area for future development. Note that the well went inactive in August, 2021. I do not know what this means for this well going forward.

NDIC File No: 15206     API No: 33-033-00234-00-00     CTB No: 115206
Well Type: OG     Well Status: IA     Status Date: 10/15/2021     Wellbore type: Vertical
Location: NWSE 20-144-103     Footages: 1963 FSL 1950 FEL     Latitude: 47.274054     Longitude: -103.759648
Current Operator: FH PETROLEUM CORP.
Current Well Name: FEDERAL 33-20
Elevation(s): 2456 KB     Total Depth: 12820     Field: BICENTENNIAL
Spud Date(s):  9/2/2001
Casing String(s):  9.625" 1827'   5.5" 12820'  
Completion Data
   Pool: BIRDBEAR     Perfs: 10729-10732     Comp: 9/17/2003     Status: AL     Date: 9/17/2003     Spacing: E2
   Pool: RED RIVER     Perfs: 12609-12723G     Comp: 12/14/2001     Status: AL     Date: 12/14/2001     Spacing: E2
Cumulative Production Data
   Pool: RED RIVER     Cum Oil: 74265     Cum MCF Gas: 94721     Cum Water: 352276
   Pool: BIRDBEAR     Cum Oil: 28534     Cum MCF Gas: 0     Cum Water: 69
Production Test Data
   IP Test Date: 12/14/2001     Pool: RED RIVER     IP Oil: 106     IP MCF: 100     IP Water: 100
Monthly Production Data
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BIRDBEAR8-202100690000
RED RIVER8-2021001670000
BIRDBEAR7-20211781650000
RED RIVER7-202117219157767000
BIRDBEAR6-2021171201150000
RED RIVER6-2021172802771365000
BIRDBEAR5-2021665630000
RED RIVER5-20216158152282000
BIRDBEAR4-202133900000
RED RIVER4-202131240182000
BIRDBEAR3-2021530650000
RED RIVER3-2021540156303000
BIRDBEAR2-20216500000
RED RIVER2-20216200594000
BIRDBEAR1-2021301311280000
RED RIVER1-2021303173082126000
BIRDBEAR12-2020191161310000
RED RIVER12-2020192673141838000
BIRDBEAR11-20201535610000
RED RIVER11-202015671481139000
BIRDBEAR10-2020168100000
RED RIVER10-20201622401028000
BIRDBEAR9-2020111610000
RED RIVER9-20201161571760000



Friday, October 22, 2021

CLR Activity In Catwalk, Last Chance -- November, 2021 -- Hearing Dockets -- Posted October 22, 2021

From the hearing dockets, November, 2021:

Case #29066:

Application of Continental Resources, Inc. for an order for the
Catwalk, Last Chance, and/or Baker-Bakken Pool, Williams andMcKenzie Counties, ND, as follows: 
(i) create and establish an overlapping 1280-acre spacing unit comprised of Sections 4 and 5, T.153N., R.100W., authorizing the drilling of a total not to exceed ten horizontal wells on said proposed overlapping 1280-acre spacing unit; 
(ii) create and establish an overlapping 1920-acre spacing unit comprised of Sections 30 and 31, T.154N., R.100W. and Section 6, T.153N., R.100W., authorizing the drilling of a total not to exceed eleven horizontal wells on said proposed overlapping 1920-acre spacing unit; 
(iii) create and establish an overlapping 2560-acre spacing unit comprised of Sections 32 and 33, T.154N., R.100W. and Sections 4 and 5, T.153N., R.100W., authorizing the drilling of two horizontal wells on or near the section line between the existing spacing units of said proposed overlapping 2560-acre spacing unit; and, 
(iv) create and establish two overlapping 3840-acre spacing units comprised of Sections 25 and 36, T.154N., R.101W., Sections 30 and 31, T.154N., R.100W., Section 1, T.153N., R.101W. and Section 6, T.153N., R.100W.; and Sections 29, 30, 31 and 32, T.154N., R.100W. and Sections 5 and 6, T.153N., R.100W., authorizing the drilling of two horizontal wells on or near the section line between the existing spacing units of each proposed overlapping 3840-acre spacing unit, and such further relief as appropriate.