Random Update Of Production Profiles For Four QEP Moberg Wells -- June 16, 2015

The other day I posted a note on how operators cut back on production during the slump in oil prices. I did not particularly care for that post, but had put too much effort into it to simply delete it. The data was correct; the point I was trying to make was legitimate, but it was not written well and might have confused some folks. The landmen in the Bakken were probably disappointed, or worse, were laughing at the post. Be that as it may, here are some better examples. Look at these wells and their production profiles:

• 28019, 2,509, QEP, Moberg 4-20-21BH, Grail, t11/14; cum 133K 4/15; being choked back, did not flare two most recent months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	25	21784	21761	10903	33025	32844	0
BAKKEN	3-2015	21	14441	14541	14409	22215	22092	0
BAKKEN	2-2015	18	19212	19008	9376	16791	15262	1386
BAKKEN	1-2015	25	30148	30524	10937	40107	15581	24369
BAKKEN	12-2014	31	43899	43490	19670	48792	26351	22254
BAKKEN	11-2014	27	3537	3433	1102	4737	3353	1344

• 28020, 2,325, QEP, Moberg 3-20-21TH, Grail, t11/14; cum 135K 4/15; being choked back; no flaring most recent two months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	19	12067	12184	6085	18509	18409	0
BAKKEN	3-2015	19	15803	15796	9360	26427	26292	0
BAKKEN	2-2015	18	14421	14298	6865	14404	13107	1190
BAKKEN	1-2015	25	29218	29581	13827	38951	15132	23667
BAKKEN	12-2014	31	42474	42594	21008	46748	25246	21321
BAKKEN	11-2014	27	20905	20289	8008	26722	18908	7580

• 28021, 2,529, QEP, Moberg 3-20-21BH, Grail, t11/14; cum 134K 4/15; being choked back, no flaring most recent two months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	26	15281	15495	6644	22641	22514	0
BAKKEN	3-2015	30	23962	23822	9543	40016	39812	0
BAKKEN	2-2015	18	14570	14442	6290	30811	28147	2555
BAKKEN	1-2015	25	28777	29136	11426	38536	14971	23415
BAKKEN	12-2014	31	41952	41730	19607	62163	33605	28380
BAKKEN	11-2014	27	9108	8840	7245	12547	8884	3561

• 28022, 2,566, QEP, Moberg 2-20-21TH, Grail, t11/14; cum 134K 4/15; being choked back, did not flare most recent two months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	4-2015	25	14002	14223	6355	20551	20435	0
BAKKEN	3-2015	30	23493	23301	11084	37759	37559	0
BAKKEN	2-2015	18	11223	11148	4969	10340	9402	854
BAKKEN	1-2015	25	27301	27696	11662	37475	14560	22773
BAKKEN	12-2014	31	44475	44343	20818	62511	33788	28534
BAKKEN	11-2014	27	13143	12756	5343	18132	12838	5147