Occasionally operators release initial well results in press releases and corporate presentation. Over the last year or so we have been compiling a list of those well results and uploading the information into the Performance Press Releases folder in the Unconventional Updates in DI’s DNA for each play, we refer to these as PPRs. The PPRs contain normal header information about the wells (operator, lease name, API, county, etc…) and also the information released from the operators (IPs, gas and oil breakouts, number of frac stages, choke size, etc…). In this blog we will be looking at a few of the Bakken PPRs. The following is a map of the top 10 Bakken wells based on IPs released from operators.
First we will look at a plot of the PPR IPs and how they fare against the first 6 months of cumulative production. The 6 wells in the graph are wells ranked in the top 10 of all Bakken PPRs based on PPR IP and have at least 6 months of production. Something to take away from this chart is that the highest IPs do not necessarily equate to the highest 6-month cums. Take Brigham’s Sorenson 29-21 1H, according to the company this is the second highest IP in the entire Bakken at 5,035 Boe/d (see Brigham Takes Gold and Silver in the Bakken) but it is the second lowest 6-month cum of our 6 wells. Also the well with the lowest operator reported IP, EOG’s Austin 5-14H, has the second highest 6-month cum.
We can then look at how these 6 wells compare to the rest of wells with at least 6 months production in the play. The following is the rank of each of our 6 wells when compared to the other Bakken wells that have 6-month cums. One thing that is interesting is the Sorenson 29-32, that we noted earlier, is ranked 53th.
For more information visit the Bakken folder in the Unconventional Updates in DI’s DNA.
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