See initial production data for wells coming off the confidential list this next week at this link.
- rigs don't matter: don't take this out of context
- I think I recall CLR had only five rigs on the active rig list last week; needs to be fact-checked; most observers expected CLR to have at least eight active rigs in North Dakota by now, if not nine
- if it weren't for CLR, would we even be talking about the Bakken today?
- of the 17 wells coming off confidential list:
- CLR: 8
- Ovintiv: 4
- Petroshale: 3
- Hess: 2
- of the 17 wells coming off the confidential list, those reporting production:
- Petroshale: 3 (and two of the wells look mediocre at best)
- Hess: 2 (nice to very nice wells)
- CLR: 1 ( a mediocre well at best)
- operations
- even CLR not getting their wells fracked
- there is no use adding rigs to drill more wells, when one can't even get exiting wells completed -- CLR
- except for CLR, and maybe two or three others, producers aren't able to frack
- pad drilling;
- the only reason there are seventeen wells even coming off the confidential list: pad drilling
- without pad drilling, all of eight wells might be coming off confidential list this next week
