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Wednesday, January 25, 2012

Filloon: IPs and EURs -- The Bakken, The North Dakota, USA

Link here.

Mike Filloon provides more insight regarding this issue. The jury is still out but this is the third operator that I am aware of that says higher IPs correlate with higher EURs. (I remember someone sending me a comment that this was a "no-brainer," but smarter folks than "we" are still debating this issue.)

Other nuggets in this linked article:
  • The reason CLR tends to have lower 90-day IPs than other operators: CLR chokes back production.
  • CLR will increase the number of frack stages from 24.5 to 30
Based on what I've seen, 30 will be the new "norm"

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