Monday, November 6, 2017

Five Important CLR Graphs From September, 2017, Presentation

Link here.

The graphics:

  • among the bloggers, Mike Filloon was (among?) the first to note the 1.5 million boe EURs in the Bakken
  • most interesting, regarding EURs, CLR "normalizes" them with "boe/$"
  • I assume the "drilling cost" is "drilling cost only" and does not include fracking costs (I could be wrong); for me, completed well costs include "drilling" + "completion (fracking)"; completed well costs (CWC) are generally in the region of $6 million to $10 million in the Bakken

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