Tuesday, January 31, 2012

KOG Production Misses Estimates -- The Williston Basin, North Dakota, USA

Link here.
  • Estimates: 7,500 to 8,000 bopd.
  • Actual: 7,195 bopd (mechanical problems at six wells during 4Q11 that led to production delays)
  • One year ago: 1,783 bopd
Other data points:
  • KOG tripled its reserves to an estimated 40 million bbls (some numbers rounded, as is customary at this blog)
  • 2012: estimates: 22,000 to 24,000 bopd