The real question is when did the oil companies know that some of the sweet spots in the Bakken were/are going to produce million-bbl-EUR wells?
When I started the blog, I think the consensus among the lay public and the four people reading my blog was that we were looking at 350,000-bbl-EUR Bakken wells.
That quickly went to the staggering 500,000-bbl-EUR level.
Then CLR famously said the average Bakken well would be 603,000-bbl-EURs. That was the average. There will have to be a lot of million-bbl-EUR wells to offset some of those
If the "real" question is when did the oil companies first realize they were looking at million-bbl-EUR wells, the second question is: is that all there is? Will we top out at one million bbls.
Regular readers know that we've already talked about two-million-bbl-EUR wells. A look back on some posts I quickly found (there are probably others):
- Filloon: 2-million-bbl-EURs in the Bakken, January 7, 2013
- Not ready for prime time; for my own use, June 2, 2014
- Filloon: 1.5-million-bbl-EURs in the Bakken, December 5, 2012
- KOG EURs in the Bakken nearing a million bbls, May 21, 2012
- How naive we were, January 17, 2012
Finally, The Photos
And Great Video
The New York Times is reporting:
Destroying such tunnels was the stated goal of Israel’s ground invasion of Gaza, which began July 17. But 11 days into the mission, and after Israeli officials say they have found 31 tunnels and destroyed 15, Palestinian militants again penetrated underground into Israel on Monday evening and confronted soldiers in a staging area. Multiple soldiers were killed, a senior military official said, as was at least one of the men from Gaza.
“We will not complete the operation without neutralizing the tunnels, the sole purpose of which is the destruction of our civilians and the killing of our children,” Prime Minister Benjamin Netanyahu of Israel declared in a televised address afterward. “It cannot be that the citizens of the state of Israel will live under the deadly threats of missiles and infiltration through tunnels — death from above and death from below.”I imagine similar tunnels from Mexico to the US.
Israeli experts said each tunnel would take up to a year and cost up to $2 million to build, involving dozens of diggers working by hand and with small electric tools. The military has known about the tunnels since at least 2003 and had a task force studying them for a year, but was nonetheless stunned at the sophisticated network they found.
Intelligence officers track the tunnels by watching for piles of dirt and men disappearing into buildings for days, as well as through communications equipment used underground, according to several Army veterans. But radar designed to detect oil or gas far deeper underground, they said, has often failed to find the tunnels, which burrow through mixed soil closer to the surface that technology has not yet been able to detect.
“Most of the tools, the physical tools, don’t work on this level of the ground — the physics, it’s very limited,” explained Brig. Gen. Shimon Daniel, who commanded Israel’s combat engineering corps from 2003 to 2007 and has since retired. “This is the paradox. It’s not easier. It’s more difficult.”
Propaganda?Israeli political and military leaders mention the tunnel threat nearly every time they speak, and have gained widespread international support for eliminating them. The military in recent days has distributed photographs of tunnels that troops uncovered, and videos of them placing explosives inside and blowing some up. As part of the propaganda push, the military has also invited a few journalists underground for a tour.
At $2 million/tunnel, at least we know where Hamas is spending US taxpayer money in humanitarian aid.