Production
Cottonwood Bend · Sep 26 closed
Gross
2,160.2MBOE
72,007 BOE/d
Net to us
1,821.7MBOE
after working interest
Water handled
4,205Mbbl
2.7 bbl per bbl of oil
Deferred
114,999bbl
4 workovers ran
Rate, 24 months — Cottonwood Bend
A shale portfolio declines steeply on new wells and flattens on old
ones. What matters is not the slope of any single well but whether new volume is
being added faster than the base falls away.
Uptime, last 12 months
Producing hours as a share of available hours, weighted by
volume, so a big well going down counts more than a small one.
Stream mix, Sep 26
Gas shown in barrels of oil equivalent so the three streams are
comparable. Gas is 21% of volume
but far less of revenue — see Financials.
Biggest producers, Sep 26
| Well | Field | Lift | Lateral | BOE/d | Uptime | Water | Op cost /BOE | WI |
|---|---|---|---|---|---|---|---|---|
| Antelope 3-12H 42-404-30335 |
Antelope Draw | Plunger lift | 15,000 ft | 1,580 | 97% | 49.6k | $7.06 | 82.9% |
| Rimrock 1-4H 43-489-30409 |
Rimrock North | Plunger lift | 15,000 ft | 1,559 | 98% | 41.8k | $5.26 | 66.5% |
| Cottonwood 7-28H 49-136-30356 |
Cottonwood Bend | Flowing | 15,000 ft | 1,411 | 96% | 28.5k | $6.53 | 80.0% |
| Antelope 5-20H 42-231-30391 |
Antelope Draw | Plunger lift | 15,000 ft | 1,375 | 93% | 43.4k | $7.40 | 88.2% |
| Antelope 10-39H 42-380-30524 |
Antelope Draw | Plunger lift | 15,000 ft | 1,116 | 97% | 46.7k | $5.82 | 86.7% |
| Antelope 1-2H 42-311-30265 |
Antelope Draw | Rod pump | 10,000 ft | 1,088 | 96% | 24.9k | $8.04 | 92.3% |
| Antelope 16-62H 42-430-30685 |
Antelope Draw | Flowing | 15,000 ft | 1,052 | 96% | 47.9k | $8.83 | 83.8% |
| Cottonwood 3-9H 49-488-30223 |
Cottonwood Bend | Gas lift | 15,000 ft | 1,031 | 100% | 27.7k | $4.82 | 78.5% |
| Rimrock 3-9H 43-120-30444 |
Rimrock North | Rod pump | 10,000 ft | 988 | 99% | 25.3k | $7.29 | 68.1% |
| Sagebrush 8-29H 42-255-30363 |
Sagebrush Flats | ESP | 12,400 ft | 950 | 97% | 29.7k | $5.59 | 96.3% |
| Cottonwood 8-29H 49-373-30363 |
Cottonwood Bend | Plunger lift | 15,000 ft | 927 | 97% | 31.3k | $6.19 | 78.0% |
| Rimrock 1-2H 43-289-30395 |
Rimrock North | Gas lift | 9,800 ft | 902 | 96% | 29.5k | $7.63 | 66.3% |
Wells to look at
| Well | Field | Pad | Flag | BOE/d | Uptime | Cost /BOE | Deferred |
|---|---|---|---|---|---|---|---|
| Sagebrush 4-13H 42-412-30251 |
Sagebrush Flats | SGB-PAD-04 | Workover this month | 203 | 63% | $19.97 | 2,316 bbl |
| Antelope 8-29H 42-495-30454 |
Antelope Draw | ANT-PAD-08 | Workover this month | 169 | 73% | $25.50 | 1,266 bbl |
| Antelope 2-8H 42-336-30307 |
Antelope Draw | ANT-PAD-02 | Workover this month | 310 | 62% | $14.62 | 4,552 bbl |
| Sagebrush 6-23H 42-288-30321 |
Sagebrush Flats | SGB-PAD-06 | Workover this month | 229 | 78% | $21.93 | 1,412 bbl |
| Mesquite 2-7H 42-143-30469 |
Mesquite Ridge | MQR-PAD-02 | Water handling | 119 | 91% | $11.86 | 250 bbl |
| Antelope 9-34H 42-483-30489 |
Antelope Draw | ANT-PAD-09 | Water handling | 133 | 93% | $13.24 | 181 bbl |
| Antelope 7-26H 42-361-30433 |
Antelope Draw | ANT-PAD-07 | Water handling | 148 | 93% | $12.31 | 241 bbl |
| Sagebrush 1-1H 42-481-30167 |
Sagebrush Flats | SGB-PAD-01 | Water handling | 249 | 93% | $11.84 | 383 bbl |
| Antelope 4-16H 42-395-30363 |
Antelope Draw | ANT-PAD-04 | Water handling | 157 | 90% | $10.08 | 370 bbl |
| Antelope 1-1H 42-185-30258 |
Antelope Draw | ANT-PAD-01 | Water handling | 164 | 93% | $11.73 | 259 bbl |
Cost per barrel rises on old wells even when nothing has broken:
the barrels fall away faster than the fixed monthly cost of running the location,
and water handling climbs the whole time. That is why this list is ranked on cost
and uptime together rather than on either alone.