{"id":3459,"date":"2014-12-23T08:48:56","date_gmt":"2014-12-23T13:48:56","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3459"},"modified":"2014-12-23T08:48:56","modified_gmt":"2014-12-23T13:48:56","slug":"bakken-new-wells-producing-less-confirmed-peak-oil-barrelpeak-oil-barrel","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3459","title":{"rendered":"Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel"},"content":{"rendered":"

Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel<\/a>.<\/p>\n

It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has also been confirmed that new wells with higher well numbers are producing a lot less.<\/strong><\/span><\/p>\n

In the NDIC\u2019s\u00a0Daily Activity Reports<\/a>\u00a0they publish \u201cWELLS RELEASED FROM \u201cTIGHT HOLE\u201d STATUS\u201d as well as \u201cPRODUCING WELL COMPLETED\u201d. By searching these two lists, then eliminating the duplicates that appear on both lists, we find that perhaps 70 to 80 percent of all wells report their first 24 hours of measured production. \u00a0It is listed as\u00a0\u201cBOPD\u201d (Barrels Oil Per Day) and \u201cBWPD\u201d (Barrels Water Per Day). An example below, and notice the second well listed does not give any production numbers:<\/p>\n

\"Producing<\/a><\/p>\n

The \u201cper day\u201d in this case is the first 24 hours of\u00a0measured<\/strong>\u00a0production and not necessarily \u00a0the first 24 hours of preduction. I have collected, from this source, the data from 2,565 wells dating from November 1st 2013 to the present date. Enno Peters gathered data from several thousand Bakken wells dating from the early Bakken t mid 2014. Using the well numbers,\u00a0I have managed to match 1,127 wells in my database with the same well number in Enno\u2019s data.<\/strong>\u00a0There were a more matches than this but had no data or incomplete data. But it was mostly because only a little over half my data overlapped his.<\/p>\n

<\/p>\n

<\/a><\/a>…click on the above link to read the rest of the article…<\/span><\/span><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel. It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has also been confirmed that new wells with higher well numbers are producing a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[2024,2115,723,2114],"class_list":["post-3459","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-bakken-shale","tag-oil-production-decline","tag-shale-oil","tag-shale-production"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3459"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3459\/revisions"}],"predecessor-version":[{"id":3460,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3459\/revisions\/3460"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}