montana tech – butte, mt [email protected] montana tech – butte, mt...
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Montana Tech – Butte, [email protected]
Montana Tech – Butte, [email protected]
Larry N. SmithMontana Bureau of Mines and Geology
Larry N. SmithMontana Bureau of Mines and Geology
Montana Horizontal Well Update
Montana Horizontal Well Update
![Page 2: Montana Tech – Butte, MT lsmith@mbmgsun.mtech.edu Montana Tech – Butte, MT lsmith@mbmgsun.mtech.edu Larry N. Smith Montana Bureau of Mines and Geology](https://reader036.vdocuments.mx/reader036/viewer/2022062300/56649ce35503460f949af832/html5/thumbnails/2.jpg)
Drilling History276 Wells and Active Permits as of February 1999
0
20
40
60
80
100
120
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
Num
ber
of W
ells
Expired Permits (53)
Active Permits (16)
Completed (260)
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Drilling Historyby Reservoir
0
20
40
60
80
100
120
Num
ber
of W
ells
Permits (16)
1998-1999 Wells
Pre 1998 Wells
Red River
Sil/Ord
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Initial Status276 Horizontal Wells
P&A4.7%
Failed0.4%
Injection0.4%
T/A4.3%
Permitted Injection
0.7%Spudded4.3%
Completed5.8%
Gas0.4%
Producer73.2%
Permit5.8%
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Final Status276 Horizontal Wells
Spudded4.3%
Permit5.8%
Gas0.4%
Shut In2.5%
T/A4.3%
Producer65.9%
EOR10.5%
P&A6.2%
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Operators276 Wells as of February 1999
0
20
40
60
80
100
120
140A
moc
o
Avi
ara
Bla
ckfo
rd
Che
sape
ake
Cit
atio
n
Col
umbu
s.
Cro
wn
Enr
on
Hal
lwoo
d
K2
Lyc
o
Mer
it
Nor
ther
n
Pan
terr
a
Rig
el
Shel
l Wes
tern
Uni
on O
il
Was
cana
Win
n
Nu
mb
er o
f W
ells
Expired Permits (53)
Active Permits (16)
Completed (260)
Burlington Resources
Shell
Continental Resources Wascana
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Production8.63 MMBO produced through Sept./Dec. 1998
3,82
5,93
0
2,50
8,12
2
50,2
57
26,4
14
156,
200
148,
201
493,
647
403,
029
399,
057
219,
980
357,
120
80,1
56
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
Amsden
Bakke
n
Cutba
nk
Charle
s
Mad
ison
Miss
ion C
anyo
nNisk
u
Ratclif
fe
Red R
iver
Sil /
Ord
Sawto
oth
Other
BO
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Well Cumulative Production206 Wells with Data
0
50,000
100,000
150,000
200,000
250,000
Sep-
88
Sep-
89
Sep-
90
Sep-
91
Sep-
92
Sep-
93
Sep-
94
Sep-
95
Sep-
96
Sep-
97
Sep-
98
Sep-
99
Completion Date
BB
L O
il
Other
Red River
Madison
Nisku
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Montana Williston Basin Oil Production
0
2
4
6
8
10
12
14
16
18
20
1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
MM
BO
Horizontal Wells
Vertical Wells
Est
imat
ed
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Tax Change HighlightsTax Change Highlights
• SB 200– Reduce or Eliminate Property Tax on Class 6 and Class 8 Property
• SB 249– Cap Resource Indemnity Trust Tax Fund and repeal RIGWAT
• SB 430– Exempt Fee for Royalty Payment Admin. from Production Tax
• SB 530– Oil & Gas Production Tax Simplification and Competitiveness
• HB 661 and HB 658– Tax Reductions on Stripper Wells
http://leg.state.mt.us/index.htmhttp://leg.state.mt.us/index.htm