********************************
The Amazing Bakken
A 22% Increase
In Rig Efficiency/Completion Strategy Year-Over-Year
Shale oil operators have a problem -- WSJ. Maybe outside the Bakken they have a problem, but the Bakken doesn't have a problem.
In the graphic below:
- Bakken efficiency almost 3x that of the Permian (1,600 vs 600).
- Bakken percentage increase, year-over-year double that of the increase in the Eagle Ford, y-o-y.
And looking at the initial production numbers for wells coming off the confidential list this week, the Bakken numbers might even be better than the estimates as shown above.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.