Thursday, February 6, 2014

Random Update On Activity In The Parshall

A reader noted this some time ago; it's fascinating. I report on it periodically.

One can pretty much divide the prolific EOG-owned Parshall oil field in half: the north half outside the reservation, and the south half inside the reservation. Again, a reader first noted this. I'm just the messenger. Don't blame me.

In the south half, inside the reservation:
  • no (0) rigs actively drilling
  • one (1) well on DRL status
  • four (4) wells on CONF status
In the north half, outside the reservation:
It may strictly be due to the fact that the wells in the north are much better than the wells in the south, but the difference in activity is striking. 

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