Comparing Bakken Enhanced Completions
September, 2014
Slide 41 - 44
Comparing Enhanced Completions In Williams, McKenzie, Mountrail, and Dunn Counties
[Note: The links to other posts regarding CLR's most recent corporate presentation are located here.]
Completion Method
- large proppant method: 22 gross wells tested
- slickwater: 16 gross wells tested
- hybrid: 6 gross wells tested
Incremental capital:
- large proppant volume: $0.9 million
- slickwater: $1.3 million
- hybrid: $1.4 million
Completed well cost:
- large proppant volume: $8.7 million
- slickwater: $9.1 million
- hybrid: $9.2 million
Range of production uplift:
- large proppant volume: 10 - 180%
- slickwater: 0 - 100%
- hybrid: 0 - 120%
Average 30 - 90 day uplift:
- large proppant volume: 5 - 15%
- slickwater: 20 -35%
- hybrid: 45 - 60%
Capital increase:
- 12%
- 17%
- 18%
Incremental EUR boe
- 104 K, 17%
- 156K, 27%
- 167K, 33%
Incremental ror (%)
- >100%
- >100%
- >100%
Bottom line:
- the increased capital costs are returned in the first year
- EURs could increase by as much as 33%
- this is across four counties, not just the sweet spot in northeast McKenzie County
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In The Still Of The Night
In The Still Of The Night
