Back of the envelope:
- total oil produced since first production (through 11/22): 141,340 bbls
- 1280-acre spacing
- lease: 18%
- (one acre / 1280 acres) * 0.1666 * $70 / bbls * 141,340 bbls = $1,288 / mineral acre
- $1,288 / mineral / number of heirs = $258 / mineral acre
The maps:
The well:
- note the correct spelling: Zabolotny
- full legal name: Zabolotny 144-98-4A-9-1H
- Little Knife oil field
- NDIC file number: 37987 (this is not the company's well number)
- drilled back in early 2021
- first production: July, 2021
- total production to date: 141,340 bbls crude oil (this does not include natural gas products or natural gas)
Screenshot of the Zabolotny well:
NDIC File No: 37987 API No: 33-053-09609-00-00 Well Type: OG Well Status: A Status Date: 7/27/2021 Wellbore type: Horizontal Location: SESE 36-145-98 Footages: 250 FSL 270 FEL Latitude: 47.329499 Longitude: -103.100208 Current Operator: PETRO-HUNT, L.L.C. Current Well Name: Zabolotny 144-98-4A-9-1H Elevation(s): 2577 KB 2547 GR 2548 GL Total Depth: 21940 Field: LITTLE KNIFE Spud Date(s): 4/19/2021 Completion Data Pool: BAKKEN Status: LOC Date: 11/20/2020 Cumulative Production Data Pool: BAKKEN Cum Oil: 141340 Cum MCF Gas: 126250 Cum Water: 355172 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Monthly Production Data
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