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Sunday, June 28, 2020

Observations On Wells Coming Off Confidential List this Next Week -- June 28, 2020

Initial production data for wells coming off the confidential list this next week posted here

Observations:
  • these were wells that went on the confidential list six months ago, January 1, 2020;
    • at that time, things looked good, then:
      • Covid-19
      • Saudi surge
  • large number of wells coming off the confidential list
  • the usual suspects actually reporting production data: Oasis, CLR,
  • Oasis reporting some huge Joplin wells in the Banks oil field
  • Zavanna has a huge Stranger well in the Poe oil field
  • CLR: just getting better and better -- 
    • a very non-descript, vanilla field, the Brooklyn, producing some great wells; 
    • huge jump from the early Brooklyn wells
    • more Elm Tree wells being reported, but no production data ,
  • Murex' Amber Renee and Sophia Drake: being watched with much anticipation
  • Kraken has a great middle Bakken Double Eagle in the Sanish; how big are the Double Eagle wells?
    • there are three on the pad; for these three wells, Kraken had to drill a brand new SWD sited just a six hundred feet away
    • first Three Forks in this area
    • see wells here

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