Fracking The Heck Out Of CLR's Candee 11-9H, #16509, Chimney Butte -- July 31, 2017

Let me know if anyone has trouble understanding this post.

Disclaimer: I am inappropriately exuberant about the Bakken. I have no training or experience in the oil industry. Many folks think I'm seeing things that don't exist. In a long note like this there are likely to be factual and typographical errors.

The narrative begins.

Fracking the heck out of #16509; this well was originally fracked in 2007. Production was boosted in 2012 when intersecting wells were fracked. Production was boosted again in 2015 when intersecting wells were fracked in 2015. Production was boosted again, recently, in 2017, when intersecting wells were fracked.

If one wants, one can run through the exercise with the production profiles of the other wells just as well, but I'm pretty bored with the whole exercise, so I won't.

There was increased production in #16509 when intersecting wells were fracked on three separate occasions. The increased production from the halo effect on one well won't move the needle, but multiply this across the Bakken, with 15,000 wells; multiply it by numerous refracks; and, throw in the fact that the newer fracks are getting bigger and better, and maybe all that combined will move the needle.

I don't know. But moving from 175 bbls/month to over 2,000 bbls/month is probably not a bad thing for either the oil company or those receiving royalties.

And, oh, by the way, these extra bbls of oil -- how much did it cost to lift these "extra bbls"? About zero dollars.

The graphic:

The well:

• 16509, 729, CLR, Candee 11-9H, Chimney Butte, t6/07; cum 170K 5/17;

Selected periods of the production profile:

Pad #1: 20548 and 20546; frack dates
20548: API - 33-025-01333; 3/12/12; - 3/12/12; 
20546: API - 33-025-01331; 3/07/12; - 3/07/12;
Early 2012, #16509:

BAKKEN	7-2012	31	2133	1962	767	1466	1466	0
BAKKEN	6-2012	30	2160	2128	905	1499	1499	0
BAKKEN	5-2012	27	2103	1906	2670	506	506	0
BAKKEN	4-2012	0	0	0	0	0	0	0
BAKKEN	3-2012	0	0	0	0	0	0	0
BAKKEN	2-2012	7	153	428	33	145	145	0
BAKKEN	1-2012	31	912	1385	215	807	807	0
BAKKEN	12-2011	31	912	638	235	767	767	0

Pad #2: 29473, 29474, and 29475; frack dates:
29473: API - 33-025-02665; 3/26/15 - 4/2/15;
29474: API - 33-025-02666; 3/18/15 - 3/31/15;
29475: API - 33-025-02667; 3/18/15 - 3/24/15;
Early 2015, #16509:

BAKKEN	8-2015	20	2007	2309	2118	2225	0	2225
BAKKEN	7-2015	23	1875	1755	2473	1979	14	1965
BAKKEN	6-2015	12	551	658	733	577	20	557
BAKKEN	5-2015	31	2410	2664	4790	2531	359	2172
BAKKEN	4-2015	21	2847	2448	5975	2703	106	2597
BAKKEN	3-2015	1	96	210	100	118	0	118
BAKKEN	2-2015	0	0	0	0	0	0	0
BAKKEN	1-2015	0	0	0	0	0	0	0
BAKKEN	12-2014	24	607	687	158	848	848	0
BAKKEN	11-2014	30	851	945	225	1156	1156	0
BAKKEN	10-2014	31	899	627	243	1282	1282	0
BAKKEN	9-2014	30	1036	1401	307	1145	1145	0

Pad #3: 32093, 32095; frack dates --
32093: API - 33-025-03040; 3/11/17 - 3/28/17;
32095: API - 33-025-03042; 3/12/17 - 3/27/17; 
Early 2017, #16509:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2017	31	7672	7667	9184	8128	8128	0
BAKKEN	4-2017	28	7288	6801	15595	5853	5853	0
BAKKEN	3-2017	0	0	0	0	0	0	0
BAKKEN	2-2017	5	13	442	70	15	0	15
BAKKEN	1-2017	26	900	676	762	424	424	0
BAKKEN	12-2016	31	1147	1360	30	589	516	73
BAKKEN	11-2016	30	1745	1766	3	1101	1101	0