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Three Forks

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No additional Trucks Bakken Wells 2-4 Truckload Timeline Production Phase 50 60 70 Drilling Phase 167 loads total (19 day average) ... – PowerPoint PPT presentation

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Title: Three Forks


1
North Dakota Department of Mineral Resources
http//www.oilgas.nd.gov
http//www.state.nd.us/ndgs
600 East Boulevard Ave. - Dept 405Bismarck, ND
58505-0840(701) 328-8020 (701) 328-8000

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Max
Min
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Recent industry estimates of 60 by year end 2013
Crowding out effect Housing Day care
Variable currently 0.7
New Bakken wells currently 3.5 EOR 1.5
6
New Bakken Well Truckload Timeline
Fracturing Phase 834 loads total (15 day
average)
70
60
Drilling Preparation 75 loads (3 days total)
50
Production Equipment Move (14 loads over 150
days) Pit Reclamation (36-41 total truckloads)
(6 loads over 76 days) (30-35 loads
emptying water, drilling fluid over 7-14 days,
used 10 day average)
40
Truckloads
Drilling Phase 167 loads total (19 day average)
30
Location Production Prep (71 loads)
from Permit Issued Day 0 (time can vary used 30
days)
Rig down 50 loads (2 days total)
20
Production Phase 3 trucks/day Year 1
1 truck/day Year 2
10
Drops to 0 if pipelined Year 4 (Day
1636), otherwise .5 trucks/day Year 6
Wait for Frack (90-120 days)
0
Day
0 10 20 30 40 50 60 70
80 90 100 110 120 130 140 150 160
170 180 190 358 540
2191
7
Bakken Wells 2-4 Truckload Timeline
Fracking Phase 454 tank loads 130 trucks per
well 584 loads (15 day average)
70
60
Drilling Preparation 25 loads (3 days total)
50
Production Equipment Move (14 loads over 150
days) Pit Reclamation (36-41 total truckloads)
(6 loads over 76 days) (30-35 loads
emptying water, drilling fluid over 7-14 days,
used 10 day average)
40
Truckloads
Drilling Phase 167 loads total (19 day average)
30
Location Production Prep Completed with first
well. No additional Trucks
Rig down 6 loads (2 days total)
20
Production Phase
10
Drops to 0 if pipelined
Wait for Frack (90-120 days)
Total 837
0
Day
0 10 20 30 40 50 60 70
80 90 100 110 120 130 140 150 160
170 180 190 358 540
2191
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http//www.city-data.com/
2010 census 672,591 residents 3.3 Mining,
quarrying, and oil and gas extraction 22,195
direct/indirect jobs 65,000 secondary jobs _at_
traditional 2.5 multiplier
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Draft EPA guidance on diesel fuel in hydraulic
fracturing could triple drilling permit approval
time or worse. Comments due 7/9/12
Draft BLM Hydraulic Fracturing rule could double
federal drilling permit approval time or worse.
Comments due 7/10/12
The future looks promising for sustained
Bakken/Three Forks development
World and U.S. economies continue to struggle.
If China joins the downward spiral oil price
could fall enough to make some areas uneconomic
Current administration budget contains tax
changes that could reduce drilling capital 35-50
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http//www.city-data.com/
2010 census 672,591 residents 3.3 Mining,
quarrying, and oil and gas extraction 22,195
direct/indirect jobs 15,500 secondary jobs
_at_ 0.7 multiplier
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http//www.city-data.com/
2010 census 672,591 residents 3.3 Mining,
quarrying, and oil and gas extraction 22,195
direct/indirect jobs 108,755 secondary
jobs _at_ 4.9 multiplier
20
Do we want North Dakota to look like this?
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