Just some info on Continental Resources activity in the SWISH and proximity to the BRK leases.
Sorry about the pathetic graphs depicting the Rangers , Flames , Bruins and Jewell DSU
Points to note.
This data is up to July 2022 so 8 months old.
I have located the Bowery well ( friggen incredible well) and the Empire well next to it to highlight that 2 wells very close to each other with essentially similar lengths can produce very different results from different zones. The Bowery is a Sycamore producer, the Empire is a Woodford producer.
The orange wells are wells permitted to that date, some of which have now been drilled and were referenced by DP in his tweet from Oklahoma. These are the Courbet wells and what is most interesting is they are Woodford targets, not the Sycamore. This is what oil and gas harvesting looks like when a major just comes in and drills the heck out of an area. Needs contiguous leases to be most efficient . IMO ,the fact that CLR are harvesting the Woodford immediately south of the BRK leases where Flames has also proven the Woodford zone to be very productive is significant for the value add and " monetization" prospects of the contiguous BRK acreage.
Ignore the orange CLR well in section 11 of the Bruins DSU . CLR permitted the re - entry of an old Mclish conventional short horizontal well called Simon 1-11H in Jan 2021 and never performed that operation.Not sure if that well is still producing and if the DSU holding the Mc Lish zone even included the Sycamore, Woodford zones so CLR may not have a position in the Bruins.
View attachment 5098591The location of the Bowery well
View attachment 5098594Bowery well production
View attachment 5098597The location of the Empire well
View attachment 5098603Empire well production
View attachment 5098609Bowery had 2 months of 90,000 + barrels of oil production or over 3000 BOPD!.. Decline is apparent but a well like this pays out in less than 3 months on oil production alone.!
What is also apparent from research is a large number of CLR and Camino wells seem to get a second wind after their initial decline, which I am assuming is either a shut in to protect from adjacent drilling, or some sort of downhole work, possibly a clean up. It will be interesting to see what affect the shut in of Jewell and Rangers has had on their production profile post restart.
BRK haven't drilled their best SWISH well yet. Chomping at the bit to see how Wolf pack unfolds... as mentioned before, even at 50% of the Bowery or Billy The Kid production profile, WP would be BRK's best well to date. We will know in a few months. Hopefully, with all that Woodford activity immediately to the south of Flames, bruins and Jewell, we will also have some news on any monetization within a few months as well
Cheers
Dan
(20min delay)