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Black Diamond, Inc. Message Board

zoom_bee 95 posts  |  Last Activity: Nov 25, 2014 3:58 PM Member since: May 8, 2000
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  • Reply to

    Oil present - down dip of the nitrogen

    by zoom_bee Nov 25, 2014 3:00 PM
    zoom_bee zoom_bee Nov 25, 2014 3:58 PM Flag

    One other point even if the oil play from 8,400 to 8,430 is of choice; deepest oil play of feasibility would be the first started. So the oil play at 8,650 if feasible would be drained first and the upper play later in time.

    Sentiment: Strong Buy

  • Reply to

    Oil present - down dip of the nitrogen

    by zoom_bee Nov 25, 2014 3:00 PM
    zoom_bee zoom_bee Nov 25, 2014 3:42 PM Flag

    Known 30 feet of play at 8,400 to 8,430 with 5% contained oil would be choice.
    Known play at 8,090 may not be economic.

    Sentiment: Strong Buy

  • Reply to

    Oil present - down dip of the nitrogen

    by zoom_bee Nov 25, 2014 3:00 PM
    zoom_bee zoom_bee Nov 25, 2014 3:35 PM Flag

    Earlier this year SSN logged results to the pre-cambium basement.
    Oily mud was observed at 8,090 feet and 8,430 feet and the mud analysis recorded up to 5% of contained oil at 8,650 feet. Recording at 8,400 feet, the well kicked and was shut in at the surface utilizing the blowout preventer. 1,620 psi was recorded on the annulus at this point, increasing to 2,080 psi with a 9.3 lbs per gallon mud weight recorded.
    SSN will now determine the feasibility of each play.

    Sentiment: Strong Buy

  • The Bluff 1-11 well was perforated within the 9,500 sand over the interval 7,738 to 7,754 feet, and
    the well unloaded the completion brine almost immediately and flowed non inflammable gas at a
    rate of 8 MMcfpd. The rate was relatively constant during the 41 hour flow period. The well flowed
    on a 20 or 21/64ths inch choke at a tubing pressure of between 2,500 and 2,600 psig that
    increased during the flow period. No formation water was evident. Gas samples were taken and
    are in the process of being analyzed. The well is currently shut in for approximately 10 days whilst
    the pressure response is measured.
    The gas flow was not able to be ignited, and based on our previous samples was most likely
    largely nitrogen as determined from the analysis of the wire line logs.
    The test was designed to achieve several objectives all of which have been achieved or are
    expected to be achieved:
    1) To prove that a trap at the Bluff prospect exists, this has been demonstrated with a flow
    rate that was sustained during a lengthy flow period. This enables the possibility of an oil
    leg being present down dip of the nitrogen intersected in this well bore
    2) To prove that the 9,500 sand was a viable reservoir, such that if an oil leg was present it
    could be produced.
    3) To enable clinical samples to be taken particularly for the presence of helium which is often
    associated with nitrogen in natural gas reservoirs. These samples will also determine
    whether the nitrogen has an organic source or not.
    4) To determine through transient pressure analysis the presence of any fluid or reservoir
    boundaries.
    5) To determine reservoir characteristics such as reservoir pressure and permeability.

    Sentiment: Strong Buy

  • Reply to

    very tightly sealed traps in Hawk Spring

    by joechentva Nov 24, 2014 11:19 PM
    zoom_bee zoom_bee Nov 25, 2014 8:39 AM Flag

    Oil reserves in sedimentary rocks are the source of hydrocarbons and the byproduct of this Nitrogen trap is evidence that Oil is nearby.
    The organics remaining are Hydrocarbons (alkanes)
    gases
    methane, CH4 - one carbon and four hydrogenethane,
    C2H6 - two carbon and six hydrogenpropane,
    C3H8 - three carbon and 8 hydrogenbutane,
    C4H10 - four carbon and 10 hydrogenpentane,
    C5H12 - five carbon and 12 hydrogenhexane,
    C6H14 - six carbon and 14 hydrogen
    liquids (e.g. hexane, benzene, Xylene, and Toluene)
    waxes (e.g.paraffin wax and naphthalene)

    Nice DD Joe - Happy thanksgiving to Y'ALL.

    Sentiment: Strong Buy

  • Reply to

    Top 50 oil producers in North Dakota

    by zoom_bee Nov 24, 2014 9:13 AM
    zoom_bee zoom_bee Nov 24, 2014 6:53 PM Flag

    There is a 13K BOE/D difference between # 11 and 10 so let's hold onto the 11th spot as it would take two more rigs and 1 1/2 years to catch number 10. Tucker didn't do the math either but he's right here (and loud) so # 11 to 10 is a big jump.

    Sentiment: Buy

  • Reply to

    Top 50 oil producers in North Dakota

    by zoom_bee Nov 24, 2014 9:13 AM
    zoom_bee zoom_bee Nov 24, 2014 12:02 PM Flag

    Floyd will contract a 4th rig in North Dakota for Williams county for part of next year as needs to "Hold by Production" on some more leases. Currently all 3 rigs in North Dakota are working "pads". Numbers will look stronger as the NDIC mandated a flaring percentage in October so Floyd had to complete infrastructure. Four Bears, McGregory Buttes, and Antelope fields are hooked up so the Oil to Gas percentage will be a little lower as the capture MCF gas now.

    Sentiment: Buy

  • From — Ashley Lindly petroleumnewsbakken
    1 Continental Resources 102,115
    2 Hess Corp. 90,435*
    3 Whiting Oil and Gas Corp. 78,245
    4 Burlington Resources Oil and Gas LP (ConocoPhillips) 72,021*
    5 XTO Energy, Inc. (ExxonMobil) 64,471
    6 EOG Resources, Inc. 63,405
    7 Marathon Oil Co. 59,304
    8 Statoil Oil and Gas LP 57,969
    9 Oasis Petroleum North America 51,857
    10 Kodiak Oil and Gas (USA) Inc. 51,286
    11 Halcon Resources 38,423
    12 QEP Energy Co. 38,185
    13 WPX Energy Williston 32,040
    14 Slawson Exploration Co., Inc. 27,485
    15 Petro-Hunt 22,977
    16 SM Energy Co. 20,533
    17 Newfield Production Co. 19,103
    18 Oxy USA Inc. (Occidental Petroleum) 17,688
    19 Enerplus Resources USA Corp. 13,804
    20 Triangle USA Petroleum Corp. 11,580
    21 Fidelity Exploration and Production Co. (MDU) 11,202
    22 Hunt Oil Co. 9,664
    23 Zavanna LLC 8,218
    24 Murex Petroleum Corp. 7,179
    25 Abraxas Petroleum 5,939
    26 Samson Resources Co. (KKR and Co.) 5,817
    27 Baytex Energy USA 4,214
    28 Emerald Oil, Inc. 4,196
    29 American Eagle Energy Corp. 3,647
    30 Sinclair Oil and Gas Co. 2,166
    31 Liberty Resources Management Co. 1,838
    32 Crescent Point Energy U.S. Corp. 1,644
    33 Arsenal Energy USA Inc. 1,306
    34 Petrogulf Corp. 1,028
    35 Denbury Onshore, LLC 972
    36 Cornerstone Natural Resources 884
    37 North Plains Energy 747
    38 True Oil LLC 730
    39 Mountain Divide (Mountainview Energy) 632
    40 SHD Oil and Gas 614
    41 Thunderbird Resources LP 575
    42 Armstrong Operating 494
    43 Bakken Hunter, LLC 342
    44 Rim Operating, Inc. 119
    45 Windsor Energy Group 119
    46 Resource Drilling 107
    47 Legacy Reserves Operating LP 88
    48 Texakota 40
    49 Tracker Resource Development III 35
    50 Condor Petroleum 33
    Information derived from the preliminary September 2014 Oil and Gas Production Report published by the
    North Dakota Industrial Commission, Department of Minerals’ Oil and Gas Division. This is oil produced by
    wells operated by these companies; it does not identify the percentage of oil from the Bakken petroleum system, including Bakken, Three Forks.

    Sentiment: Buy

  • DD on Continental and Halcon lower bench wells Three Forks benches 2and 3 were separated by 880 feet at depth and alternated.

    The companies also had an either or situation regarding Three Forks in that they chose a bench 1, 2, or 3 but not drilling each under one another. If bench 3 was chosen they did that first and let that settle for 3 ½ to 4 months. Continental had 11 Rollefstad wells and they were about 90% of a Bakken and are over 100K BOE in 5 months (after the settle period).

    SSN Bootleg 8 messed up the other wells above and they had to be cleaned out. TB skidded over Ironbank 8 well.

    Now that was the bad news.
    Ironbank 6 and 7 should be complete and that along with the 35 stage Bakken Billabong as in process or being FRAC’D.

    Wait I ran out of fingers and toes to count these wells; might need my slide rule.

    Billabong , Sail & Anchor, Blackdog , Tooheys , Coopers , Lil Creature , Harstad 1-15H, LEONARD 1-23H,, GENE 1-22H RODNEY 1-14H, GARY 1-24H, EARL 1-13H, EVERETT 1-15H , Matilda Bay 1, Matilda Bay 2, Bootleg 4, Bootleg 5, Ironbank 4, Ironbank 5, Bootleg 6, Bootleg 7,Ironbank 6, Ironbank 7, Bootleg 8, Gladys

    All on line numbers coming out on next Operational update.
    On hold Ironbank 8, 9, 10, 11, 12, 13, 14 Bootleg 9, 10, 11, 12, 13, 14

    Ladies and gentlemen it is time, Strong Buy.
    HAVE A HAPPY THANKSGIVING!

    Sentiment: Strong Buy

  • Reply to

    McGregory pad wells doing fine

    by zoom_bee Nov 23, 2014 10:34 AM
    zoom_bee zoom_bee Nov 23, 2014 4:30 PM Flag

    Happy Thanksgiving DSC our cheerleader!

    Sentiment: Buy

  • Reply to

    McGregory pad wells doing fine

    by zoom_bee Nov 23, 2014 10:34 AM
    zoom_bee zoom_bee Nov 23, 2014 4:29 PM Flag

    Happy Thanksgiving Ham

    Sentiment: Buy

  • Reply to

    McGregory pad wells doing fine

    by zoom_bee Nov 23, 2014 10:34 AM
    zoom_bee zoom_bee Nov 23, 2014 4:28 PM Flag

    Happy Thanksgiving

    Sentiment: Buy

  • Reply to

    McGregory pad wells doing fine

    by zoom_bee Nov 23, 2014 10:34 AM
    zoom_bee zoom_bee Nov 23, 2014 4:27 PM Flag

    Happy Thanksgiving Troll

    Sentiment: Buy

  • Section 35 of township 148 and range 94 reports 3 wells with gas infrastructure hooked up.
    Only 89, 94, and 99 days of production reporting and each over 100K BOE sold.

    File # 25598 has 1,066 BO Jul, 33,046 BO Aug, 30,225 BO Sep and 30,323 BO Oct for 94,660 BO with 63,922 MCF for 105,325 BOE

    File # 25597 has 823 BO Jul, 40,474 BO Aug, 28,297 BO Sep and 28,212 BO Oct for 97,806 BO with
    73,522 MCF for 110,060 BOE

    File # 25596 has 1,286 BO Jul, 36,481 BO Aug, 29,234 BO Sep, and 30,067 BO Oct for 97,068 BO with 71,627 MCF for 109,006 BOE

    Halcon sustaining in North Dakota but October was shy of September as Patterson 268 rig was working in proximity of 4 Eagle Nest wells file #’s 20172, 20918, 20919, and 20173 so they are shy.

    Good news is that September 2014 was Halcon’s best month in September 2014

    Sentiment: Buy

  • Reply to

    ND Stockyard Work over

    by zoom_bee Nov 11, 2014 5:38 PM
    zoom_bee zoom_bee Nov 15, 2014 5:45 PM Flag

    You are right! Frontier Rig 24 skidded right by Ironbank 8. Finished lateral on Ironbank 7. The only reason would be that determination of the FRAC of Bootleg 8 which was also a Three Forks bench 2, caused FRAC sand to develop in the upper wells. The rig is done as it's all work over from here including Billabong. Off to Rainbow (Bootleg 8 on hold) it looks to be a farm-in for Rainbow now.

    Sentiment: Buy

  • Reply to

    ND Stockyard Work over

    by zoom_bee Nov 11, 2014 5:38 PM
    zoom_bee zoom_bee Nov 12, 2014 7:57 PM Flag

    IRONBANK 8? About a 1/2 dozen places you would have to interpret and combine data.
    First step is the SF IPAA presentation from the home site samsonoilandgas
    Slide 19 & 20 depict Ironbank 8.
    First you can see Bootleg 8 and Ironbank 8 are Three forks bench 2 with Bootleg wells ar Westerly and Ironbank Easterly. The three forks formations are below the Bakken and you would have to measure depths across the laterals and compare from the well files to determine the depth differences.
    You need the ND state case files and Plat plan to view the layout but David Ninke from Samson oil provides and depicts information in the TB slides.
    Here is all you see in ND state
    NDIC File No: 29076 API No: 33-105-03659-00-00
    Well Type: ON CONFIDENTIAL STATUS
    Location: NESW 14-154-99 Footages: 1340 FSL 2200 FWL Latitude: 48.158180 Longitude: -103.379178
    Current Operator: SLAWSON EXPLORATION COMPANY, INC.
    Current Well Name: IRONBANK 8-14-13TF2H

    ---
    The rest you need to build from the permit and case file and time the rig movement. it's actually quite easy once you get the hang of it. Check the San Fran IPAA presentation and see if you can relate to the different oil plays and layers.

    Sentiment: Buy

  • Reply to

    ND Stockyard Work over

    by zoom_bee Nov 11, 2014 5:38 PM
    zoom_bee zoom_bee Nov 12, 2014 3:16 PM Flag

    How many oil companies that you own have been to bench 2 of Three Forks?
    Rather new oil play and the Bootleg wells weave under 3 Bakken plus half of Rodney well.
    This company has done well utilizing premier operators (Slawson and Continental) so my advice to come back into SSN is do tour TB complaining as this stock board has folks who enjoy you opinion (zoom included).

    Sentiment: Buy

  • After the FRAC of Bootleg wells 4, 5, 6,7, & 8 which were Three Fork Benches 1 & 2. Some of the existing wells in the Bakken (87 feet above) had to be reworked on the Tofte 2 Pad to clean out sand of the Coopers, Tooheys well bore from the FRAC sand. Little Creature is scheduled to be cleaned out be next. A separate work over rig is being utilized to perform this task. The new Bootleg 4, 5 ,6 ,7 , and 8 have been cleared and are flowing. The work horse "Big Rig" Frontier Rig 24 continues on the Easterly Ironbank wells and Ironbank 6 & 7 vertical portion and casing set, now on Ironbank 8 vertical to the Three Forks second bench. The lateral portion of these three wells are scheduled to commence in 8 days as the Frontier 24 skids over on the pad.
    Ironbank 4 & 5 wells were previously drilled, FRAC and well completed with 5 days flow-back. Flow will continue and IP's reported after Ironbank 8 through the Three Forks bench 2 IP. The "Big Rig" will work the three remaining Ironbank wells 6,7, and 8 laterals (about 8 days on bench 1 and 9 on bench 2). FRAC of the 3 remaining wells scheduled after lateral completion. The Billabong 35 stage Bakken also will be fit in at this time.

    Sentiment: Buy

  • Reply to

    260 boepd seemingly equals around 27 c

    by chrysipp3777 Nov 11, 2014 1:14 PM
    zoom_bee zoom_bee Nov 11, 2014 3:23 PM Flag

    With the completion of the lower benches of Bootleg (West); all the Bootleg and upper wells are operational and producing. Ironbank are East 4 & 5 have FRAC and flow, 6,7, and 8 completing. These are in play... say good night shorts.
    ND File # __ Well name
    24794 __ Billabong
    24795 __ Sail & Anc
    24796 __ Blackdog
    26020 __ Tooheys
    26019 __ Coopers
    26698 __ Lil Creature
    16481 __ Harstad 1-15H __
    17446 __ LEONARD 1-23H
    18009 __ GENE 1-22H
    18054 __ RODNEY 1-14H
    18824 __ GARY 1-24H
    19328 __ EARL 1-13H
    20510 __ EVERETT 1-15H
    27635 __ Matilda Bay 1
    27636 __ Matilda Bay 2
    27912 __ Bootleg 4
    27911 __ Bootleg 5
    28054 __ Ironbank 4
    28053 __ Ironbank 5
    27914 Bootleg 6
    27915 Bootleg 7
    28979 Ironbank 6
    28980 Ironbank 7
    29076 Ironbank 8
    29022 Bootleg 8
    28457 __ Gladys 1-20

    Sentiment: Buy

  • Reply to

    260 boepd seemingly equals around 27 c

    by chrysipp3777 Nov 11, 2014 1:14 PM
    zoom_bee zoom_bee Nov 11, 2014 3:08 PM Flag

    Ironbank 4 & 5 have also flowed 4-6 days with 6,7 and 8 early December.
    Billabong by mid December and Matilda Bay 1 rework in December.
    December surge is over 5X current rate. Half the wells contributing now, TB numbers (for once) are low and have been realized.

    Sentiment: Buy

BDE
9.21-0.10(-1.07%)Nov 26 4:00 PMEST

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