Tuesday, July 9, 2019

Why The Bakken Is So Intriguing -- July 9, 2019

Hubbert's peak oil theory says that once an individual well starts to decline, it's production cannot increase. 

The well:
  • 17614, 1,595, EOG, Austin 20-29H, Parshall, t9/09; cum 816K 5/19; off line as of 5/18; back on line as of 11/18;
Recent production:
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN5-2019313128314111282535225330
BAKKEN4-20193033703367115725502183125
BAKKEN3-201931505950872391380135463
BAKKEN2-201928515351522591332931010
BAKKEN1-201931527053362638288826360
BAKKEN12-2018315004497825052259198027
BAKKEN11-2018303940381227001820156313
BAKKEN10-20182670918120
BAKKEN9-201800380000
BAKKEN8-20180000000
BAKKEN7-201800480000
BAKKEN6-2018100012120
BAKKEN5-2018211196125036179216208
BAKKEN4-2018301969190052628237313
BAKKEN3-20183119762044582694238559
BAKKEN2-2018281945186002440219420
BAKKEN1-201831213121382263823860

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