Friday, December 16, 2011

Wells On DRL Status Have Been Updated -- The Bakken, North Dakota, USA

At the sidebar at the right, under "Data," there is a link to "New Wells Reporting."

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
Okay, four things jumped out at me.