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.

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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:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	1-2019	23	32665	32844	22525	41388	0	38918
BAKKEN	12-2018	26	46589	47101	24750	60171	0	56435
BAKKEN	11-2018	27	60025	59385	31604	68727	0	64752
BAKKEN	10-2018	16	45091	44727	29395	60301	0	57309
BAKKEN	9-2018	2	39	37	929	916	0	799