I just went back through the last three quarters updating IPs on wells that have come off the DRL list.
Three things jump out at me.
- there are a lot of good wells out there; production hitting 60K at three months is not unusual
- Burlington Resources doesn't report a lot of completed wells at end of six months, but they consistently report good wells when they do get reported
- Hess certainly seems to have gotten better in the past year; some huge wells and all nice wells
- a lot of wells remain on DRL status; the fracking backlog continues