Summary:
- the Bakken continues to push ahead benefiting from higher oil prices
- Marathon has made positive changes and has the best oil production per location with its well design on completions from 6/2017 to 6/2018
- MRO's design improvements have increased revenues by approximately $1.3 MM/well
- MRO is beginning to see its core increase to the west, adding high end locations for future development
Staggering. On an individual well basis, I don't think the Permian has anything that can compete with the Bakken. Note the EUR type curves at the linked article.
Disclaimer: I am inappropriately exuberant about the Bakken.
Note to self: memo to Art Berman and Janet Nielson.
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