- EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
- EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
- EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf
Tuesday, May 19, 2020
EIA Dashboards For May, 2020
EIA dashboards for May, 2020, have posted:
Good data. I would like to know what the depletion is over a 3-5 year period, if there is a "Halo Effect" with nearby wells being completed, and how successful a re-frack would be in the Permian and Eagle Ford
ReplyDeleteI spend some time looking at well data in the Eagle Ford formation, looks like depletion rate is greater than Bakken. JMHO
I don't follow the Eagle Ford or the Permian to compare such data with the Bakken.
DeleteThe "halo" effect is very real in the Bakken, though no one else talks about it. It's possible the "halo" effect is not great enough to "move the needle" in the big scheme of things. And if it's not big enough to move the needle it doesn't mean much to analysts. I follow it and consider it a big deal because I'm looking at it from the perspective the small mom-and-pop mineral owners in North Dakota. A well jumping from 500 bbls/month to 10,000 bbls/month is a big deal for them.
My hunch: in the aggregate the halo effect is big enough to "move the needle," but we might not see confirmatory data for years. To date, there have not been enough parent-daughter wells to really know.