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Sunday, October 10, 2010

99 Wells Come Off Confidential LIst in November

By my count from the NDIC data, a record number of wells will be coming off the confidential list in November: 99.

Throughout most of the year the number of wells coming off the confidential list each month has been in the mid-60's. I questioned why the number seemed so low with so much activity. Part of the reason, I was told was that EOG did not frack their wells between November and March, and the first March wells to be fracked would come off the confidential list six months later, September.

The backlog seems to be opening. Last month (October),  I counted about 74 wells coming off the confidential list

Now, with 99  coming off the list in November, we are starting to see the activity I expected.





99, Toto

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