Less Than 50 Percent Wells Reported Today Were Completed/Fracked -- The Bakken, North Dakota, USA

Link here.

Fracking backlog continues. As noted many, many times: I remember the 2Q11 earnings calls that the operators said they would be caught up by November. The data as of August suggested otherwise. Today, again, three (3) of five (5) wells coming off confidential list were not completed/fracked.

Of the two wells that reported IPs, neither were exceptional, except that in the era of 30+ frac stages, MRO's Waldock USA 21-16H well (permit 20494) was fracked with only four (4) stages.