Tuesday, March 8, 2016

How Fast The Sweet Areas Of The Bakken Are Changing -- March 8, 2016

Look at how quickly the Bakken is changing despite the phenomenal plunge in the number of active rigs.

Look at this graphic taken November 3, 2015:


Pretty impressive, huh? Again, the graphic above was taken only four months ago.

How does that area look now?

This graphic was taken today. I've retained the "A" and "B" markers only to make it easier to compare the graph below to the graph above. In the link from November 3, 2015 (linked above), there is a discussion about areas marked by the "A" and "B."


I'm not going to go through these again, but I bet most of these wells shown as confidential are DUCs. It would be nice if the NDIC would add another color code for DUCs, say "mallard green."

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