Wednesday, May 1, 2019

Why The Bakken Continues To Excite Me -- Thousands Of Wells Waiting To Be Re-Fracked -- May 1, 2019

Small re-frack; huge results.

See this post.

For newbies: current completion strategies, upwards of 10 million gallons of water or more. CLR re-fracks this well with 2 million gallons of water and gets this kind of return:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-2019281956619462253674938148389621
BAKKEN1-20193126040264643139854039477765877
BAKKEN12-201830231412265434189359342281212755
BAKKEN11-2018102743283154892781264879
BAKKEN10-20183111058109202833052204430390
BAKKEN9-20182917070176362445429659292750
BAKKEN8-2018844433854394453544779505
BAKKEN7-20180000000
BAKKEN6-20180000000

Those results are better than the original frack, the original well, two years ago:
BAKKEN8-201731665622275514116141160
BAKKEN7-20173182077338251458136395
BAKKEN6-20172156960631421216115264
BAKKEN5-201731343035604965745474540
BAKKEN4-20173016876171681228428288282880
BAKKEN3-20173118615182261484131469314690
BAKKEN2-201714165441615910484271512713318

 I used to think that the re-fracks would be "reserved" for wells older than 2014, but here we go: a re-frack on a well that was just fracked two years ago. Literally thousands of Bakken wells that will be re-fracked.

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