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Sunday, October 23, 2016

Bakken Update: Contributing To The Oil Glut -- 31% Production Increase, Average EURs of Almost 1 Million BOE -- October 23, 2016

Over at SeekingAlpha:

Summary:
  • US unconventional wells continue to improve with production increases seen across all plays
  • Increased production per foot continues to stress oil prices as new wells are completed in the best core areas
  • The Bakken core has seen consistent production increases per well regardless of interval
  • Bakken/Three Forks core wells model to an EUR of 875 MBOE
Obviously a must read. It may one of his best, and he has had many, many excellent columns.

By the way, this column by Filloon, at least for me, supports my contention that we are now in the beginning stages of Bakken 2.0.

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Links Over At Carpe Diem

Excellent, as usual.  

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Box Seats -- Bass Hall -- Ft Worth 
Phantom of the Opera

I expect several more photos from our daughter tomorrow, but these will have to do this evening. This was a big, big deal.

My wife treated our daughter and our two older granddaughters to box seats in Bass Hall to see Phantom of the Opera. May, of course, joined them -- the four -- girls' night out.

Our oldest granddaughter:


Blurry, our middle granddaughter and her mother (our daughter).


Meanwhile I had Sophia, the youngest granddaughter all evening. And Sophia and I had a grand, grand time.  

Decades ago, May and I were stationed in England, not far from London. We were there for three years and we saw every stage play imaginable, several more than once. We always took our two daughters. The ones I remember: Phantom of the Opera, Les Miserables, Cats, Saigon, Me and My Girl, Starlight Express.

We saw Phantom of the Opera at least twice, and Les Miserables at least three times.

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