Monday, October 14, 2019

As Predictable As The Sun Coming Up In The East -- "Advantaged Oil" In The Bakken -- October 14, 2019

The well:
  • 20050, 1,226, MRO, Red Feather USA 31-17H, Reunion Bay, t2/11; cum 347K 8/19
Full production profile at this post.

Look at this jump in production. The jump in production was greater than the production at the time of the original frack. At the time of the original frack, this well producing only 11,000 bbls in the first full month of production. Compare that to 24,000 bbls in July, 2019, when this Bakken well was already eight years ago.
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN8-20193120419203512058629879028508
BAKKEN7-20193023792237652231834613033011
BAKKEN6-20198289830074751379803602
BAKKEN5-201917985197264210912832012172
BAKKEN4-20190000000
BAKKEN3-20190000000
BAKKEN2-2019001770000
BAKKEN1-201921117617061721270715362

Again, talk to me about the dreaded Bakken decline. LOL.

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