Jump In Production For Newfield's Moberg Wells, December 1, 2017

Folks receiving royalty payments from the Newfield Moberg wells should see a hefty jump in their checks over the next few months. This well was just completed:

• 32058, 1,898, Newfield, Moberg Federal 149-95-29-32-14HLW, Bear Den, 4 sections; Three Forks, 62 stages, 6 million lbs, t8/17; cum 68K 9/17;

In addition to this great well, there are several neighboring wells:

• 26027, 434, Newfield, Moberg Federal 149-95-29-32-11H, t12/13; cum 45K 10/17; this has been an awful well from the beginning but in the past two months, an increase in production has been seen, albeit still not a great well; see production data below
• 20170, 2,939, Newfield, Moberg Federal 149-95-29-32-2H, t5/12; cum 428K 10/17; this one is back on line after the neighboring frack but did not show any increased production -- at least not yet;
• 22198, 857, Newfield, Moberg Federal 149-95-29-32-3H, t5/12; cum 460K 10/17; it is still shut in (because of neighboring frack activity) but it looks like the kind of well that might be responsive to neighboring fracks

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26027, 434, Newfield, Moberg Federal 149-95-29-32-11H, t12/13; cum 45K 10/17:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	10-2017	31	2258	2383	1833	2863	2571	13
BAKKEN	9-2017	30	2532	2391	2536	2940	2419	277
BAKKEN	8-2017	22	1830	1778	2651	1862	1663	8
BAKKEN	7-2017	18	300	228	122	810	662	0
BAKKEN	6-2017	30	598	683	240	1008	737	1
BAKKEN	5-2017	20	417	457	203	710	553	4
BAKKEN	4-2017	28	558	463	192	960	718	0
BAKKEN	3-2017	31	589	710	216	916	636	3
BAKKEN	2-2017	28	517	465	198	880	625	3
BAKKEN	1-2017	31	655	721	253	984	707	0

But for mineral owners, if you've been seeing checks based on $45 oil and 600 bbls/month from this well, there should be a significant jump with $55 oil and 2,500 bbls/month.