I see someone arrived at this site after googling: "How much will a 20% owner make on a 10,000 barrel a day well."
That isn't gonna happen.
The good Bakken wells produce 100,000 bbls in two to three years. The very good Bakken wells produce 100,000 bbls in one to two years. The outstanding Bakken wells hit 100,000 bbls in the first year. The wells are expected to produce for 30 years.
The average Bakken well is expected to produce 400,000 to 900,000 bbls over the lifetime of the well. Harold Hamm, CLR/CEO, recently opined that the average Bakken well will produce 603,000 bbls of oil over its 30-year lifetime. I can see 600,000 or 500,000, but I have no idea how he came up with 603,000 bbls.
