Monday, November 21, 2016

Bakken Update -- Adding Oil To The Glut, Part 2; Eagle Ford Production Increased 46.5% Per Well In 2015 -- Filloon

At SeekingAlpha:
  • Mega-frack style completions are showing even bigger improvements in the Eagle Ford than the Bakken
  • Operators are increasing the number of stages, and volumes of frack sand and fluids with good results
  • Completion design is still in its infancy, and we believe better technologies and design are on the way
  • The Bakken and Eagle Ford improvements are nothing short of spectacular, and the reason breakevens continue to head lower
The Eagle Ford peaked in 2013. Horizontal oil and natural gas production was greater in 2013 than 2014. The number of locations were also greater. All data points provided a decline, which was not seen in the Bakken.

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