CLR's October, 2019, Presentation Released

CLR: October presentation released. Link here. Highlights, first quick run-through:

• production:
• overall:
• 20% oil growth, y/y -- 198,074 bopd (oil, not oil equivalent)
• Bakken: 
• 13% oil growth, y/y 
• 3Q19: 57 gross operated wells; 2,313 boepd (oil equivalent) average initial rate
• Bakken: now, "multi-zone development
• 2,300 boepd average well initial rate
• 80% oil
• 2017 and 2018 programs paid out in ~ one year
• most interesting graphic: average cumulative production per well -- 2017, 2018, and 2019
• clearly in the manufacturing stage

CLR is now tracked here.

Super-long laterals in the Bakken: Lynn Helms has been talking about extended long laterals. I keep forgetting about them. Need to watch for them. Will try to do better.