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July 24, 2020 North Dakota’s Shut-In Production May 2020 Justin J. Kringstad Geological Engineer Director North Dakota Pipeline Authority

North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Page 1: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

July 24, 2020

North Dakota’s Shut-In Production

May 2020

Justin J. KringstadGeological Engineer

Director

North Dakota Pipeline Authority

Page 2: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Monthly Oil & Gas Production Change

JJ Kringstad - North Dakota Pipeline Authority 2

Page 3: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Base Decline Challenges

JJ Kringstad - North Dakota Pipeline Authority 3

Slide Source:

April 28, 2020 - NDIC Update

Page 4: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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March to May 75+% Oil Drop

JJ Kringstad - North Dakota Pipeline Authority 4(Non-Confidential Wells Only)

Page 5: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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March to May 75+% Oil Drop

JJ Kringstad - North Dakota Pipeline Authority 5(Non-Confidential Wells Only)

Page 6: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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March to May 75+% Oil Drop

JJ Kringstad - North Dakota Pipeline Authority 6(Non-Confidential Wells Only)

15 Operators With Highest Curtailment

Page 7: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Vintage Year of Shut-In Wells – May 2020

JJ Kringstad - North Dakota Pipeline Authority 7(Non-Confidential Wells Only)

Page 8: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Vintage Year of Not Shut-In Wells – May 2020

JJ Kringstad - North Dakota Pipeline Authority 8(Non-Confidential Wells Only)

Page 9: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Days on Production

JJ Kringstad - North Dakota Pipeline Authority 9(Non-Confidential Wells Only)

Page 10: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Shut-In Well Selection: Bakken/Three Forks

JJ Kringstad - North Dakota Pipeline Authority 10(Non-Confidential Wells Only)

Page 11: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Shut-In Well Selection: Non-Bakken/Three Forks

JJ Kringstad - North Dakota Pipeline Authority 11(Non-Confidential Wells Only)

Page 12: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

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Wells Most Likely to Return Quickly?

JJ Kringstad - North Dakota Pipeline Authority 12

1,881 Wells (28%)

WOR: 2 or Lower

BOPD: 50+

Total: 356,816 BOPD (70+%)

Shut-In

Page 13: North Dakota’s Shut-In Production May 2020 · Websites: Contact Information JJ Kringstad - North Dakota Pipeline Authority 13. Title: PowerPoint Presentation Author: Owner Created

Justin J. Kringstad, Director

North Dakota Pipeline Authority

600 E. Boulevard Ave. Dept. 405Bismarck, ND 58505-0840

Phone: (701)220-6227E-mail: [email protected]

Websites:

www.pipeline.nd.gov

www.northdakotapipelines.com

Contact Information

JJ Kringstad - North Dakota Pipeline Authority 13