Earlier today "anonymous" sent me a comment regarding one of my longer posts yesterday regarding the Bakken decline rate and how I misinterpreted some data.
I am completely blown away by the data point "anonymous" sent me. It is one of those "aha moments" for me regarding the Bakken. It certainly explains why Slawson would pay $19,500/acre in the recent BLM auction.
I will expand on it later, perhaps, but in this case, "anonymous" knows who I am talking about and what I am talking about. He/she deserves a "huge thank you." I have said several times I had two main reasons for the blog, and getting a better understanding of the Bakken was one of them.
That comment sent in overnight regarding the Bakken decline rate was worth the entire weekend of blogging. A huge thank you. (Actually there were two comments sent in regarding that post; they were both important, but I am referring to the second comment.)
Thank you.
[I keep thinking back to another individual who wrote in suggesting that, like the Eagle Ford, takeaway capacity was overbuilt in the Bakken. Not. The flaring of natural gas alone would argue against that statement.]
