Sunday, September 15, 2019

Regarding That Recent Talk That ND Operators Are Cutting Back On Production -- That Is Likely Accurate -- September 15, 2019

Re-posting from June 16, 2019.

From The Williston Herald, this screenshot:



50,000 bbls of oil per day. Let's say the "massive well pad" has fifty wells. Each well would be capable of producing 1,000 bbls of oil per day, or 30,000 bbls of oil per month.

Assuming no error in the message or the reporting.

Note: CLR is not based in Denver, CO. Slawson and Whiting are.

Disclaimer: I am inappropriately exuberant about the Bakken.