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Politics : Peak Oil reality or Myth, of an out of Control System

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From: dvdw©10/7/2013 9:39:11 AM
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An important post made by Bruce the other day. This post details some facts surrounding a couple of EOG wells we'll write about later. Not going to give away the punch line today, but the information within this background data are important to another argument....file for understanding later...

Hey, talking about IPs, which we weren't. Did you see that incredible initial production number for EOG's Liberty 106-0107H (#22921) well? Sixty, as in 60 bbls of crude oil. In fact, I've never looked at the well file on that one. I will do it now to make sure that was not a typo by an NDIC intern. (I've been told there are no NDIC interns, so that's an inside joke if anyone from the NDIC is reading this.) So, here it comes. The download is almost complete. Wow, that was a shallow (vertical) well; 49 stages; 10.5 million lbs of sand. One has to got through 80 pages of frack data before one gets to the geologist's summary. Drilling time: one day short of a month, from spud to "cease drilling." This is a middle Bakken well. Almost 20,000 feet of drilling (9,000 feet below the surface) and the roughnecks "drilled the entire lateral was in or within 5 feet of the the published TVD windows." One word: incredible. Okay, what was the question? Oh, yes, that's right, the IP. Yes, EOG reported an IP of 60 on the sundry form. But now the mystery. The very top sundry form says the formation that was fracked was the "Three Forks." It is hand-written in ink on the form: "Three Forks." But yet, the geologist's summary says it was the middle Bakken. Adding to the mystery, it was my understanding that EOG Liberty wells with numbers 1 - 99 were middle Bakken wells, and 100 - 199 were Three Forks wells. Ah, yes, it never quits. Maybe this was permitted -- yup, there it is, on page 173 of the 194 pages (so far), the target was the Three Forks. So, there you have it.
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