Wednesday, March 13, 2019

Wednesday, March 13, 2019 -- T+70, Part 3

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UNP: up over 2% today; up about $3.40; now trading at $168.25. The 52-week range is $126 t0 $172.

Best metric to follow the health of the US economy? The railroads? I don't know.

Back to the Bakken

Updating a spectacular MRO well in Reunion Bay. See this note first which includes neighboring wells. Observations:
  • a Three Forks, first bench well
  • moderate frack, both in number of stages and total amount of proppant
  • geologist's report not yet posted
  • some problems during casing apparently resolved satisfactorily

The well:
  • 33940, 5,602, MRO, Axell USA 34-19TFH, Reunion Bay, 33-061-04119, 45 stages; 6.6 million lbs, t10/18; cum 184K 1/19; ; 10/18 production extrapolates to 85K over 30 days:
Monthly production data:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare

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