Random Update Of Three MRO Wells That Could See Jump In Production In Next Year Or So -- August 22, 2017

Update of three nice MRO wells that might jump in production in the next year or so.

First the graphic:

The wells:

• 18514,672, MRO, Howard USA 11-1H, Reunion Bay, 15 stages, 2.5 million lbs, t6/10; cum 466K 6/17; still producing 3,000+ bbls/month;
• 21458, 1,597, MRO, Tara Jo USA 34-12H, Reunion Bay, 30 stages, 2 million lbs, t1/13; cum 411K 6/17; still producing 2,500 bbls/month;
• 23176, 1,490, MRO, Tara Jo USA 34-12TFH, Reunion Bay, 30 stages, 1.8 million lbs, t1/13; cum 350K 6/17; still producing almost 3,000 bbls/month;

For newbies:

• look at the incredible production of these three wells; two of them four years old; one, seven years old and approaching the 500K mark (yes, #23176 has a way to go)
• MRO has (had?) an aggressive re-fracking program
• depending which way the confidential wells run, could be great impact on these wells 
• all three meet conditions for re-fracking
• all in the 4 - 10 year window since the original frack
• located in a "good" oil field in the Bakken
• all were fracked with relatively small amounts of sand
• in one case, number of stages very low for a long lateral; the other two with "moderate" number of stages 
• great wells to begin with
• could neighboring multiple, high-intensity fracks negate need for re-fracks?
• might MRO go with mini-re-fracks during a work-over?