Tuesday, November 9, 2021

More Evidence How The Bakken Destroyed Hubbert's "Peak Oil" Theory -- November 9, 2021

This parent well, went from "active" to "inactive" to "inactive with a waiver" and then to "abandoned." This well looked dead. It was taken off line 1/20, and prior to that petering out. But then, almost two years later, this well is brought back on line and shows significantly higher production after being off line for almost two years.

The well:

  • 16698, IA/AB-->IA/369-->A-->IA-->IAW-->AB, CLR, Oakdale 11-12H, 12-146-96, 2 sections; t12/07; cum 244K 12/19; remains off line 5/21; back on line 6/21; cum 246K 9/21;
See full production profile here.

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