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Saturday, September 28, 2019

Flashback: Back To 2013 -- Spacing And "Bench Communication" In The Bakken -- September 28, 2019

Goldman Sachs on 320-acre and 160-acre spacing in the Bakken. September 25, 2013. Link here.

Array Fracking to Enable Bench Communication. September 17, 2013. Link here.

These are great articles, albeit from a different time when oil was $100/bbl. I am surprised these are still available, not behind a paywall. One may want to archive them before they are lost. Both articles are now archived.

For more, click on "KOG's Polar Pilot Project."

Going Back Home, Wilco Johnson, Roger Daltrey
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2 comments:

  1. AnonymousSeptember 28, 2019 at 11:49 PM

    We're behind that GS prediction. Should be 1.8 by now. It assumed 150 rigs.

    Wells are probably doing better than predicted. And rigs drilling faster. But still going from 150 to 60 is a big difference. And we've had even worse.

    Will be interesting to see what we finish the year at. Right now, we're only up about 40,000 since last DEC. But gains can be a little weighted to the second half. So, I think we'll get another 60,000 over the next 5 months and break 1.5 by DEC19. We won't break 1.6 this year though.

    ReplyDelete
    Replies
    1. Bruce OksolSeptember 29, 2019 at 8:58 AM

      I'm mostly amazed how "experts" completely misread the rig count.

      Delete

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