Hess Is Reporting Some Great Wells In Blue Buttes -- October 1, 2019

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The definition of an ideal well: a well that pays for itself in six months and then generates free cash flow for 35 years. 

The wells in this area have been updated. Hess has recently reported some incredible wells in this area:

• Section 5-151-95, the Hess BB-Chapin And BB-Federal wells

Examples follow.

Note that #34206 produced over 200,000 bbls in less than nine months.

Note that #30027 had a 50K+ month (50,483 bbls in 29 days).

34206, 2,954, Hess, BB-Chapin-151--95-0506H-10, 60 stages, 8.4 million lbs, mixed sand; t12/18; cum 201K 8/19;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	13088	13129	8022	0	0	0
BAKKEN	7-2019	31	15879	15830	744	52987	52125	552
BAKKEN	6-2019	30	15805	15841	7794	36874	8281	28301
BAKKEN	5-2019	25	16864	16866	6878	38392	4538	33637
BAKKEN	4-2019	29	25349	25269	9191	66461	59563	6608
BAKKEN	3-2019	28	34099	34239	11579	55423	36246	18907
BAKKEN	2-2019	28	29494	29388	9677	48169	32572	15325
BAKKEN	1-2019	31	31315	31203	11915	48708	6	48393
BAKKEN	12-2018	16	19328	19212	7932	19871	12	19699

30027, 3,957, Hess, BB-Federal-151-95-0817H-6; t6/19; cum 134K 8/19; 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	41667	41721	11473	0	0	0
BAKKEN	7-2019	31	41753	41846	1274	68285	51788	16211
BAKKEN	6-2019	29	50483	50038	14505	62428	41089	21055

30029, 3,969, Hess, BB-Federal-151-95-0817H-4; t6/19; cum 113K 8/19;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2019	31	34078	34157	8742	0	0	0
BAKKEN	7-2019	31	38115	38149	1063	58764	49199	9273
BAKKEN	6-2019	24	40458	40102	10422	46496	30278	15978