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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
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)
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
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%
Final Status276 Horizontal Wells
Spudded4.3%
Permit5.8%
Gas0.4%
Shut In2.5%
T/A4.3%
Producer65.9%
EOR10.5%
P&A6.2%
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
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
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
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
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