With oil prices into the low $20s, oil producers with major well completions on their hands can only wait so long before filing reports with Oklahoma regulators. Ovintiv Mid-Continent Inc. is one. Chaparral Energy LLC and Paloma Operating Co. In. are two others who filed reports this week on wells with huge productions out of the state’s STACK play.
Ovintiv Mid-Continent Inc. filed reports on six wells producing more than 2,600 barrels of oil a day from a single pad in Canadian County at 20 14N 6W, a site about 7 miles southeast of Okarche.
The SLASH C 1406 wells had spud dates of June 2019 and completions were made in October 2019. The list included a well with production of 463 barrels of oil a day and 663 Mcf of gas from a depth of 18,841 feet in the Mississippian-Woodford play.
A second well had production of 532 barrels of oil a day and 466 Mcf of natural gas from a depth of 18,853 feet. A third well produced 540 barrels of oil a day and 716 Mcf of natural gas at a depth of 18,551 feet.
Well number four produced 545 barrels of oil a day and 439 Mcf of natural gas from 18,682 feet. The fifth well, the lowest producer of the six and the deepest, produced 262 barrels of oil a day and 189 Mcf of natural gas at a depth of 19,181 feet. The sixth well from the single pad produced 309 barrels of oil daily and 608 Mcf of natural gas at a depth of 18,810 feet.
Paloma Operating Co. Inc. filed a completion report on two wells at 29 15N 10W, a site about6 miles northeast of Greenfield where combined production was more than 2,000 barrels of oil a day. The Hammerhead BIA 20-15n 10w produced 1,075 barrels of oil a day and 3,476 Mcf of gas in the first well and 984 barrels of oil and 3,121 Mcf of gas in the second well.
Spud dates for each was in March 2019 with completions made in July 2019. The first well had a depth of 16,396 feet and the second was finished at 16,521 feet.
Chaparral Energy LLC filed a completion report on a well at 26 13N 7W with production of 1,018 barrels of oil a day and 5,130 Mcf of natural gas. The Greenback 1307 3smh-35 well, located two miles northeast of El Reno had a November 2019 spud date. Completion was made March 3, 2020, just before the start of the coronavirus pandemic and resulting scare that saw plunging demand for gasoline and travel. The well had a depth of 14,785 feet.