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Wednesday, December 8, 2010

Marathon Reports a Nice Well - Bakken, North Dakota, USA

18693, 3,917, Betty Shobe USA 41-8H, Reunion Bay, Bakken.

Be sure to check out the link; it turns out that the "3,917" is a 7-day production number. In fact, the 24-hour IP was 560 bbls/day.

When I see errors like this, I wonder how many other IPs are errors. It's one thing for a producer to aim for maximizing an IP; it's quite another thing when seven-day production figures are reported as IPs. This is at least the second time I am aware of this gross inaccuracy.

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