Wednesday, April 8, 2015

Talking About Re-Fracks -- Filloon On Whiting -- April 8, 20

Regular readers know my interest and inappropriate exuberance with regard to refracking the early wells in the Bakken. We're starting to see others talk about the potential.

Michael Filloon over at Seeking Alpha:
  • Whiting's refrac inventory in Sanish Field is significant and could provide excellent economics using newer completion techniques
  • if refracced, Brehm 13-7H may payback as soon as 6 months at a realized oil price of $50/bbl;
  • in just the Sanish Field, Whiting's refrac inventory could be as high as 313 wells
  • results could be even better if we use EOG's current wells results as a guide 
This is an incredible article. I might come back to it later. I can almost guarantee this article will be available by subscription in the not-too-distant future. 

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