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Friday, October 11, 2013

The Red Queen Phenomenon And The Bakken: A Random Observation

When anyone talks about the Red Queen phenomenon and the Bakken, remember this, from the September, 2013, Director's Cut:
"The drilling rig count decreased slightly from June to July, but the number of well completions jumped 102 to 251, resulting in a 6.4% increase in oil production. That number of completions is almost three (3) times the threshold needed to maintain production." 

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