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:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	5-2019	31	3128	3141	1128	2535	2253	30
BAKKEN	4-2019	30	3370	3367	1157	2550	2183	125
BAKKEN	3-2019	31	5059	5087	2391	3801	3546	3
BAKKEN	2-2019	28	5153	5152	2591	3329	3101	0
BAKKEN	1-2019	31	5270	5336	2638	2888	2636	0
BAKKEN	12-2018	31	5004	4978	2505	2259	1980	27
BAKKEN	11-2018	30	3940	3812	2700	1820	1563	13
BAKKEN	10-2018	2	67	0	9	18	12	0
BAKKEN	9-2018	0	0	38	0	0	0	0
BAKKEN	8-2018	0	0	0	0	0	0	0
BAKKEN	7-2018	0	0	48	0	0	0	0
BAKKEN	6-2018	1	0	0	0	12	12	0
BAKKEN	5-2018	21	1196	1250	36	1792	1620	8
BAKKEN	4-2018	30	1969	1900	5	2628	2373	13
BAKKEN	3-2018	31	1976	2044	58	2694	2385	59
BAKKEN	2-2018	28	1945	1860	0	2440	2194	20
BAKKEN	1-2018	31	2131	2138	2	2638	2386	0