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Friday, August 19, 2011

Snapshot: KOG's Production

KOG's daily net production:
  • July, 2011: 2,500 boepd
  • Estimate for December, 2011: 5,000 boepd (I read this wrong; see first comment; exit rate could be closer to 9,000 boepd)
Link here, slide 4.

This trend will hold true for most producers in the Bakken, although certainly not to this extent.

If current North Dakota production is 385,000 boepd, could we see a minimum of 500,000 boepd for the state by the end of the year?

Production across the board would have to increase 20,000 boepd (5%) each month. It will be tough, but doable.

Alaska, number 2, currently at 550,000 boepd.

California, number 3, currently at 540,000 boepd.
at

2 comments:

  1. AnonymousAugust 20, 2011 at 7:09 PM

    you read that wrong. Its 2700 a day average in july. An average of 4500-5000 for the year. Exit rate around 9000. Thats way more impressive and yours was impressive. Thats why i keep buying shares of kodiak

    ReplyDelete
  2. Bruce OksolAugust 21, 2011 at 2:08 AM

    Wow, I did read tha wrong. Thank you for setting me straight. I will update post.

    ReplyDelete

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