Wednesday, June 13, 2018

Random Update Of Bakken Well EURs -- CLR's May, 2018, Corporate Presentation

For newbies: this has nothing to do with investing. This has everything to do with the potential of the Bakken. Jane Nielson probably knows more. 

EUR type curves, for CLR:
  • 2011: 430 mboe
  • 2014: 603 mboe
  • 2015: 800 mboe
  • 2017: 980 mboe
  • 2018: 1,100 mboe ($7.9 million) 
  • "all optimized completions" now exceed the 1,100 mboe EUR type curve
Production:
  • 1Q18, 161K boepd; up 48% from 1Q1 

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