Friday, April 22, 2016

Minimizing Production -- April 22, 2016

In addition to DUCs and completed wells being taken off-line, we also have great wells that are being "shut-back" (or whatever word one uses). For example, note this great well:
  •  29060, 1,933, XTO, Amundson 34X-22C, Siverston, t7/15; cum 55K 2/16;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN2-20163119611375348560616893878
BAKKEN1-20161557386996272514131140780
BAKKEN12-2015311462014100320536158360820
BAKKEN11-201530155561537930183439133843481
BAKKEN10-20151892078627213236406339942344
BAKKEN9-20156336633843801828954992740
BAKKEN8-2015014220000
BAKKEN7-20158545750182657994627017184

Just one of many, many examples. I don't know if Lynn Helms consider wells like these part of the 1,500 wells estimated to be "inactive."

This obviously affects statistics in the Bakken across the board.

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