- 19074, 629, Hess, EN-Frandson-154-93-2116H-1; RL, Bkn, s7/10; t12/10; cum 84K 4/12
- 19075, 225, Hess, EN-Frandson-154-93-2116H-2; RL, Bkn, s8/10; t5/11; cum 65K 4/12
- 19076, 1,325, Hess, EN-Frandson-154-93-2116H-3; RL, Bkn, s8/10; t8/11; cum 153K4/12
- 19077, 717, Hess, EN-Trinity-154-93-2833H-1; RL, Bkn, s7/10; t2/11; cum 114K 4/12
- 19078, 941, Hess, EN-Trinity-154-93-2833H-2; RL, Bkn, s8/10; t7/11; cum 110K 4/12
- 19079, 1,125, Hess, EN-Trinity-154-93-2833H-3; RL, Bkn, s8/10; t8/11; cum 138K 4/12
Look at #19076: it reported almost 100K in first three months. My rule of thumb is that the well is on its way to being paid for as it reaches the100,000 bbl cumulative milestone. Yes, I know costs of fracking have increased significantly, and there are many, many variables, but my hunch is I am not too far off based on a posting many months ago when CLR talked about the first Bakken well that had paid for itself. (I can't find that post now; maybe I will stumble across it someday.)
It's been my experience that whenever I get into these discussions, I get a lot of pushback telling me I'm way off, so I generally don't spend too much time on posting this information. But for newbies, 100,000 bbls is a nice milestone by which to track and compare Bakken wells. By the way, if this well is pretty much paid for in the next few months, remember, a Bakken well will likely produce for 35 years, and over that period of time will be refracked several times. There are folks who opine that secondary production will exceed that of primary production.
And finally this, it was / is not uncommon for a Madison well to produce for 20 years before it produces 100,000 bbls.