Terms From The Bakken -- North American Shale -- August 23, 2019

I assume I've posted this before, but don't rightly recall.

Here it is again, and archived.

In Terms of the Bakken.

Link.

The phrases, words and terms that reveal the evolution of the Bakken. From energy corridors to long-reach laterals, the Bakken shale play has fostered the growth and use of industry phrases that now define the U.S. These are the most important.

For example:

Energy Corridors. The North Dakota Department of Mineral Resources created the first-ever energy corridors.

The term was used to describe a top-surface geographic orientation that maximized industry’s access to well sites while minimizing their presence on the landscape.

Spacing units that once showed random wellbore lines running in all directions and at different lengths transformed into more unified images showing wells running in unison in a single direction.

North Dakota energy leaders utilized 1,280-acre spacing units to create a uniform pattern of development that helped with pipelines, electrical lines and traffic patterns.

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From The Archives

The largest US oil producers, from Motley Fool, one year ago, November 24, 2018.

EOG? Number 3 of 10.

CLR is not on the list of 10. 

The data is from 2017.

Based on 2Q19 production data, CLR, at 331,414 boepd, would be #6 on that list but I assume the others have also moved up.