A bit confused about the flow rates within the Bakken.
As is the norm with these horizontal wells,they have a natural drop in flow rates as time goes on, ( cant remember the avge drop off ).
Samsons well Gene #1-22H ( 30.6% wi )partnered with Zavanna,is on the same pad as Zavanna's Grasser 1-26H.
Gene is at a depth of 17,000 ft and Grasser is at a depth of 18,010,but they are running different directions.
In the last quart the company said that the flow rates of Gene were not as good as Gary because of the advances in completion technology.
Getting a bit long winded I know.
Now my questions are,can we expect better flow rates with Gene in the next quart if the company has improved the way they are doing things in the Bakken now ?It seems that TB was a little dissapointed with the Gene numbers ?
Also if you have a look at the flow rates between Grasser and Gene,Grasser has always had better production numbers even though they are on exactly the same pad.
My last question, is this worth worrying about or am i wasting my time ?
NDIC File No: 18009 API No: 33-105-01710-00-00 CTB No: 118009 Well Type: OG Well Status: A Status Date: 4/5/2010 Wellbore type: Horizontal Location: SESE 22-154-99 Footages: 460 FSL 350 FEL Latitude: 48.1412823312576 Longitude: -103.38963481741 Current Operator: ZAVANNA, LLC Current Well Name: GENE 1-22H Elevation(s): 2383 KB 2359 GL Total Depth: 17000 Field: STOCKYARD CREEK Spud Date(s): 1/21/2010 Casing String(s): 9.625" 2261' 7" 11527' Completion Data Pool: BAKKEN Perfs: 11527-17000 Comp: 4/5/2010 Status: F Date: 4/21/2010 Spacing: SEC Cumulative Production Data Pool: BAKKEN Cum Oil: 30589 Cum MCF Gas: 35939 Cum Water: 22707 Production Test Data IP Test Date: 4/21/2010 Pool: BAKKEN IP Oil: 1128 IP MCF: 1700 IP Water: 633
Monthly Production Data
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 5-2010 31 13366 14097 5988 12753 6294 6459 BAKKEN 4-2010 27 17223 15261 16719 23186 1468 21718
NDIC File No: 18015 API No: 33-105-01712-00-00 CTB No: 118015 Well Type: OG Well Status: A Status Date: 5/10/2010 Wellbore type: Horizontal Location: SESE 22-154-99 Footages: 260 FSL 350 FEL Latitude: 48.140734084852 Longitude: -103.38963481741 Current Operator: ZAVANNA, LLC Current Well Name: GRASSER 1-26H Elevation(s): 2383 KB 2358 GL Total Depth: 18010 Field: STOCKYARD CREEK Spud Date(s): 2/21/2010 Casing String(s): 9.625" 2274' 7" 12275' Completion Data Pool: BAKKEN Perfs: 12275-18010 Comp: 5/10/2010 Status: AL Date: 7/10/2010 Spacing: ICO Cumulative Production Data Pool: BAKKEN Cum Oil: 41223 Cum MCF Gas: 53797 Cum Water: 39738 Production Test Data IP Test Date: 5/20/2010 Pool: BAKKEN IP Oil: 1267 IP MCF: 1426 IP Water: 972
Monthly Production Data
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare BAKKEN 6-2010 30 22851 22807 8520 37429 9377 28052 BAKKEN 5-2010 23 18372 16972 31218 16368 3786 12
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18.5¢ Sentiment: Hold Disclosure: Held