Competition For The Bakken -- Random Note

Just a reminder: with the Bakken reaching the manufacturing phase, operators with assets elsewhere will start reallocating resources and CAPEX.

As one example, in the 1Q13 press release, Harold Hamm:

"We are off to an excellent start in 2013 in executing our strategy of profitably growing our world-class position in the Bakken, testing the lower benches and downspacing capability, and also delineating our exciting new play, SCOOP," said Harold G. Hamm, Continental's Chairman and Chief Executive Officer. "Our focus on driving well costs lower has been successful due to enhanced utilization of pad drilling, improved cycle times and supply chain efforts.  We intend to maintain our capital spending discipline this year, as evident in our first quarter results."

SCOOP for CLR:

•  Net production from South Central Oklahoma Oil Province ("SCOOP") play increased to approximately 14,200 Boe per day, up 100% from fourth quarter 2012 and up 462% from first quarter 2012.

EOG, of course, has huge presence in Texas, West Gulf, Eagle Ford.