Sunday, November 18, 2012

3Q12 Wells On "DRL" Status Have Been Updated; CLR Has Some Nice Murphy Creek Wells

I have just updated the IPs for wells that were on "DRL" status back in 3Q12 when they came off the confidential list.

Three things were noted (two of which were not unexpected):
  • BEXP continues to report wells with  2,500 to 3,500 bbl-IPs
  • BR also reports similarly huge IPs
  • CLR is reporting some unusually high IPs in Murphy Creek
After three or four years of tracking every Bakken well in the current boom, one starts to get a feelig for the typical IP for any given operator.

It's my experience that CLR wells generally have IPs between 500 and 900 bbls.

So, it was quite surprising to see the  CLR Murphy Creek wells, specifically the Roadrunner and Clvoer wells, coming in with IPs above 1,000 bbls. Go to the link and quickly scroll through the wells to get a feeling for the IPs.

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