Sunday, January 23, 2022

Focus On Fracking Has Posted -- January 23, 2022

"Focus On Fracking" has posted, a bit earlier than usual. 😊

The lede:

  • oil prices:
    • oil prices hit a 7 year high as US oil supplies neared a 10 year low;
    • Strategic Petroleum Reserve fell to another 19 year low;
  • gasoline demand:
    • gasoline inventory increase over 3 weeks is largest on record, 
    • gasoline imports at a 53 week low, 
    • gasoline exports at an 82 week low;
  • global oil inventory:
    • December global oil shortage was 1,240,000 barrels per day as OPEC output was 625,000 barrels per day short of quota;
  • DUCs:
    • DUCs are lowest since February 2014;
    • DUC backlog of 5.1 months is lowest since December 2014

Look at the gasoline inventory numbers, the destruction of gasoline demand, and then ask yourself: why are gasoline prices still so high?  

What does this mean for refiners?

  • raw product (oil) at very high prices;
  • too much gasoline sloshing around;
  • unable to sell the gasoline that's already produced?

Memo To Self: Grayson Mill's Marcia And Jake Wells In Last Chance Oil Field Are Starting To Report -- January 23, 2022

When I have time, I will post some early results.

The WPX St Anthony Wells In Mandaree Oil Field

Locator: 44700STANTHONY.  

The wells:

  • 17024, 1,037, WPX, Tekakwitha 9-24H, Mandaree, t5/08; cum 216K 11/21; cum 221K 7/22; cum 222K 3/23;


  • 36095, 2,618, WPX, St Anthony 9-16HUL, Mandaree, t12/19; cum 411K 11/21; cum 447K 7/22; 451K 3/23;
  • 35634, A/AL, WPX, St Anthony 9-16HA, Mandaree, first production, t12/19; t--; cum 411K 11/21; cum 402K 7/22; cum 420K 3/23;
  • 35635, 1,682, WPX, St. Anthony 9-16HZ, Mandaree, t12/19; cum 317K 11/21; cum 345K 7/22; cum 361K 3/23;
  • 35636, A/AL, WPX, St. Anthony 9-16HB, Mandaree, first production, t12/19; t--; cum 361K 11/21; cum 384K 7/22; cum 400K 3/23;
  • 35637, 3,513, WPX, St Anthony 9-16HY, Mandaree, t12/19; cum 406K 7/22; cum 428K 3/23;
  • 35638, A/AL, WPX, St. Anthony 9-16HC, Mandaree, first production, t12/19; t--; cum 349K 11/21; cum 387K 7/22; cum 399K 3/23;
  • 35639, 2,937, WPX, St. Anthony 9-16HX, Mandaree, t12/19; cum 347K 11/21; cum 381K 7/22; cum 404K 3/23;
  • 35640, 2,341, WPX, St. Anthony 9-16HD, Mandaree, t12/19; cum 410K 11/21; cum 449K 7/22; cum 481K 3/23;

Typical production profile for each of these wells (except #17024, of course) at this post.

#35634:

  • Recent production: 
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-20213042384244270710930104350
BAKKEN10-202131455245252975113341076356
BAKKEN9-20213043314334265811197106990
BAKKEN8-20213145774560265412833108611972
BAKKEN7-20213145034510259012924129080
BAKKEN6-20213048414839284114090108742203
BAKKEN5-20212848474873429314522135560
BAKKEN4-20212657895825351117831167890
BAKKEN3-20213183988495477625704242960
  • Initial production:
BAKKEN6-20203020706206991067131688291010
BAKKEN5-20203128076281121334641104377040
BAKKEN4-20203038688386431833444325398040
BAKKEN3-20202931275312851724127024233460
BAKKEN2-20202928882288761848023452163753834
BAKKEN1-20203142625427452125139577348580
BAKKEN12-20192654910546963149537620317450
BAKKEN11-20190000000

Many of these wells are still producing upwards of 7,000 bbls / month.

Bottom line, these are incredible wells. 

The parent well, #17024, not so much. 

So, again, we have not one, not two, not three, but seven daughter wells that are many times better than the parent well. 

Twenty years from now, they will say we under-estimated the Bakken.

Apple To Introduce Widest Array Of New Devices It Has Even Launched -- Source -- January 23, 2022

Link here.

Apple is working on a number of new products that are set to launch this fall, and Bloomberg's Mark Gurman say that it will be "the widest array" of new devices that Apple has introduced in its history

In his latest "Power On" newsletter, Gurman explains that Apple is working on four new iPhones (iPhone 14, ‌iPhone 14‌ Max, iPhone 14 Pro, and ‌iPhone 14‌ Max), an updated low-end MacBook Pro, a refreshed larger-screened iMac, a new Mac Pro, a redesigned MacBook Air, second-generation AirPods Pro, three Apple Watches (Series 8, SE, and Rugged), a low-end iPad, and new iPad Pro models. 

According to Gurman, most of the new products are expected in the fall months, but there is a possibility that the iMac could come earlier.

Apple is planning a spring event in March or April that will see the launch of the 5G iPhone SE, a refreshed iPad Air with an A15 chip, and perhaps at least one Mac

Apple may use the spring event to bring the M1 Pro chip to another Mac, either a higher-end ‌iMac‌ or Mac mini, but the bulk of the Mac refreshes, which will include a new version of the Mac Pro and an entirely overhauled MacBook Air, are unlikely to happen before the fall.

It may be the widest array ever launched, but nothing exciting, remarkable or novel. Another iteration of evolution. 

All eyes are on the Apple EV and all they see is darkness.

Commentary: Top Stories, Week 3: January 16, 2022 -- January 22, 2022

Top stories for week 3, January 16, 2022 - January 22, 2022, have been posted.

I posted a lot of stories about all the incredible wells being reported. There were just too many to link, so I linked very few. But for only 28 active rigs in North Dakota there sure are a lot of great wells coming off the confidential list this next week.

It was interesting to post a ranking of the operators in the Bakken based on production in the month of October, 2022.

One certainly gets the feeling that last week was the cusp for several stories:

  • Top stories?
    • Ukraine coming to a head: it's "go" time for Putin. Now or never. It certainly looks like he's taking a page out of Schwarzenegger's playbook for "shock and awe." 
      • look at the forces being assembled on the border;
      • no logistical obstacles;
      • 40% of Europe's natural gas comes from Russia
    • "Everyone," it seems literally "everyone" is predicting $100-oil by the end of 2022, some by by the end of the 1H22. I thought the same, but stepping back, I don't think WTI will hit $100 oil in 2022.
    • The myth of global crude oil spare capacity was the meme this past week; I agree, but that doesn't necessarily lead to $100-oil.
    • There are two factions in the White House with regard to the high price of gasoline: the ideological faction that wants to see fossil fuel die. The reality faction knows that $5.00-gasoline is a non-starter come the mid-term elections. Right now, the reality faction is writing the narrative, but the ideological faction is winning the arguments. Americans have no idea what's coming.
    • If what is going on at ISO NE this past week doesn't convince folks renewable energy is not the answer, nothing will. The fact there is nothing being written about all the oil New England is burning to keep the lights on tells me that renewable energy advocates will win this one on the backs of the middle class consumers.
    • But with the high cost of energy on east and west coasts, Intel made the decision to build the world's largest chip factory in .... Ohio. Say what?
  • So, what else was on the cusp this past week?
    • The price of gasoline.
      • Gasoline will hit a record high come Memorial Day but for all practical purposes we're near the top, for gasoline prices. Anyone that looks at the EIA "gasoline demand" chart will agree. But this has nothing to do with Cathie Wood's EV argument -- about as dumb as they come -- but everything to do with gasoline demand and gasoline destruction.
  • The cusp?
    • The US equity markets. It might last for another week or so, but the market is near its bottom and it's only a matter of time before it turns. But it's going to be a new market. Crypto collapsed and it won't get better. Tech collapsed but the good tech companies will come roaring back. The not-so-good tech companies will ... well, it doesn't look good. Peloton collapsed and Peloton won't be coming back any time soon. Peloton had nothing to do with exercise; it was all about tech and putting an iPad on an exercise bike, and making money on streaming. The problem? Everyone was doing that. Streaming. Netflix learned the hard way. Netflix may have seen it coming but investors certainly missed it. 
    • Jay Powell: even one rate hike runs the risk of lots of talk about a recession.
    • Warren Buffett: be greedy when others are fearful; be fearful when others are greedy.  
  • So, bottom line:
    • international: it's "go-time" for Putin.
    • national: economy on the cusp.
    • North Dakota: twenty years from now, they will say "we under-estimated the Bakken.

From social media:

Wells That I No Longer Track -- Page 18

From "things that need to be followed up."

Just some housekeeping. This page will be updated as wells are "closed out."

October 7, 2023: 19339, 592, XTO, Madisyn State 44X-1, Alkali Creek, t1/11; cum 207K 8/23; note jump in production: link here.

April 2, 2020: #22513; five new wells in the vicinity. Off line 1/20; remains off line 4/20; back on line10/20; looks like small jump in production; off line 4/22;  back on line; cum 196K 10/22; 

March 22, 2020: 25828, 2,880, BR, Rising Sun 21-1MBH-5NH, Clear Creek, t9/13; cum 298 10/19; off line as of 11/19; all the Rising Sun wells (except one) have come off line; #25828 remains off line 4/20; coming back on line 9/20; looking good; off line 3/21; back on line 8/21? cum 335K 6/22; cum 344K 10/22;

March 19, 2020: *************neighboring wells soon to be fracked? #37072, #37071, #37070, and #37069; watch halo effect on #21789 (AB), Enerplus Earth Lodge off line 1/20; remains off line 11/20; back on line for 9 days 8/20 but back off line 9/20; update here;

March 15, 2020: *****#30777, 1,960, BR, CCU Red River 7-2-15TFH, NWNW 15-147-95, Corral Creek, t10/15; cum 231K 11/20; went off line 1/20; remains off line 2/20; back on line 3/20; back off line 4/20; remains off line 9/20; back on line 10/20; looks good; cum 247K 8/21; cum 260K 6/22; cum 265K 10/22; 

January 6, 2020:

  • 17575, 3,260, Whiting, Niemitalo 11-35H, Sanish, t2/09; cum 693K 9/20; off line as of 7/19; remains off line, 10/19; back on line 11/19; cum 707K 8/21; cum 716K 6/22; cum 719K 10/22;
  • 18481, 2,672, Whiting, Niemitalo 12-35H, Sanish, t5/10; cum 617K 9/20; off line since 7/19; back on line 11/19; cum 645K 8/21; cum 668K 6/22; cum 675K 10/11;

December 1, 2019: #22455 (AB), #21199 (A -- small jump), #21457 (A), #25544 (A), #21369 (A) -- off line while #35331 and three other wells on that pad fracked; see this post; 35331, MRO, Dietrich USA first month: 73K bbls crude oil, September, 2019;

November 28, 2019: #21303, #20319, #20413, #32550, #32549, #32548, #32547, #32546. Koala Federal producing; not particularly remarkable, 6/22.

May 18, 2019: see this record-breaking well (#30286); these neighboring wells should report soon: #31447, #31449, #31444 (PNC):  #31448, 31450, now PA, December 4, 2022.

April 13, 2020: AB, #21513, offline 2/20; wells on same pad being drilled; remains off line 11/20; Whiting, Smokey 3-6-7-14HS; see this post.

April 4, 2020: #29878, #29879, #29881, off line; surrounded by many wells being fracked; #29881 off line 4/20. All wells back on line; great wells; trending toward 500K but no halo effect when back on line.

August 20, 2019: link here; #31962; #31963, great well; unusual production profile; #20520 (re-fracked); #31964; #31965; #20521 (re-fracked, 2018); did well then off line / IA / 11/20; #31966, IA, 9/20; #17424, TA; #17397 (IA, back on status 2/21); #20520 is a huge well -- re-fracked: #17424 off line 1/19; remains off line 5/20; intermittent; off line 2/21; #17424 is now TA; #20520, off line 11/20; remains off line 4/21; #20520 off line 10/20 - 7/21; back online 8/21 with 6,000 bbls over 25 days;

*******October 11, 2016: #17158; bump in production after neighboring well fracked; note how little time this well was taken off-status while neighboring well was fracked; see if this well goes 1 million bbls without being put on a pump; 987K 11/20;

  • 17158, 4,148, Whiting, Richardson Federal 11-9H,s8/08; t10/08; 997K 1/22; F; at 600 bbls / month it's going to take a year to hit one million bbls.
  • Note: in June, 2022, this well went over one million bbls crude oil cumulative; link here.

August 24, 2021: Wells of interest near #37288:

  • 21014, IA->A/472, Kraken, Marcy 1-24H, Oliver, t12/11; cum 194K 7/20; remains off line 8/21; just starting to come back on line 9/21; jump in production;
  • 22579, 466, Kraken, Marcy 2-24H, Oliver, t8/12; cum 169K 8/21;
  • 22580, 240, Kraken, Marcy 3-24H, Oliver, t8/12; cum 150K 9/20; remains off line 6/21; back on line 7/21; cum 152K 8/21; starting to come back on line;

October 13, 2021: One producing well (a DUC) was reported as completed today:

  • 37031, 464, Whiting, KR State 13-16TFHU, Mountrail County
    • neighboring well
    • 18762, 1,146, Whiting, KR State 11-16TFH, t6/10; cum 241K 3/21; off line 4/21; remains off line 8/21; just starting to come back on line 10/21; no halo effect, 1/22;
December 26, 2021: #24917.

December 26, 2021
: #28180; only nine days in 10/21;

December 27 2021: #27111. 
 
February 13, 2022: #20236, WPX Packineau; neighboring Enerplus spider pad recently completed; #20236 off line. Back on line, 8/21; cum 348K 5/22;
 
February 14, 2022: DUCs in this area recently reported being completed:
  • 19838, 1,069, MRO, Debbie Baklenko USA 12-26H, t6/11; cum 308K 3/21; back on line, 4/22; cum 311K 5/22; back on line as fo 3/22; cum 313K 6/22;
  • 18880, 129, MRO, Everett Fisher USA 41-6H, Reunion Bay, t7/10; cum 527K 12/21; huge jump in production; see full production profile here. Cum 576K 6/22;
  • 21450, AB/IA/1,600, MRO, Jessica USA 21-6TFH, Reunion Bay,  t3/12; cum 372K 3/21;
  • 21243, AB/IA/1,787, MRO, Everett Fisher USA 31-6H, Reunion Bay, t2/12; cum 477K 3/21;
  • 27152, 2,253, MRO, Cloon 14-32H, Reunion Bay, four-section spacing, t8/14; cum 375K 3/21; cum 383K 5/22;
February 21, 2022:
  • 35068, SI/NC-->1,306, Enerplus, middle Bakken, Terrapin 152-94-33D-28H, Antelope-Sanish, t9/19; cum 341K 4/21; cum 356K 8/21; off line 9/21;back on line, 3/22; cum 361K 5/22;
February 8, 2022:
January 1, 2022
  • #21708. Back on line 7/21; cum 390K 5/22.
January 1, 2022
  • #26016. Back on line 9/21; cum 241K 5/22;
February 14, 2022:
  • 22966, 1,648, BR, CCU Golden Creek 24-23MBH, Corral Creek, t4/13; cum 450K 12/21; just went off line 12/21; back on line, 4/22; cum 453K 5/22;
February 20, 2022:
  • 18279, off line after parallel wells fracked; need to see if this comes back on line; --> AB.

February 20, 2022:

  • 33678, 1,025, Zavanna, Hanson 28-33 5H, Stockyard Creek, t1/18; cum 316K 10/20; cum 356K 8/21; cum 360K 10/21; off line 10/21; back on line; cum 370K 5/22;

17771: link here.

Two Older CLR Kuhn Wells Trending Toward 500K Bbls Crude Oil Cumulative -- January 23, 2022

From "things that need to be followed up":

  • December 8, 2019: the Kuhn wells need a stand-alone post, to include #20638; and, 22158. See this post re: Kuhn. #20638, cum 491K 8/21; #22158, cum 492K 7/20; off line 8/20; remains off line 10/21.

There are so many wells in this area, it's hard to locate the most recently fracked Kuhn well, but for the record, here it is:

  • 34852, 865, CLR, Kuhn 8-12HSL1, Banks, first full month production, 11/19; t--; cum 285K 11/21; a nice well;

The other Kuhn wells:

  • 20638, 591, CLR, Kuhn 1-12H, Camp, t8/11; cum 495K 11/21;
  • 22158, 996, CLR, Kuhn 2-12H, Camp, t5/12; cum 492K 7/20; offline 7/20; remains off line 11/21;

"Families" Coming Off Confidential List This Next Week -- January 23, 2022

Slawson's Muskrat Federal wells are tracked here

CLR's Charolais SOUTH Federal wells are tracked here.

CLR's Clear Creek Federal wells are not yet tracked. But they soon will be.

Initial Production For Wells Coming Off The Confidential List This Next Week -- January 23, 2022

The wells:

  • 37983, conf, CLR, Clear Creek Federal 9-26H, Westberg, no production data,
  • 37909, conf, CLR, Charolais South Federal 11-10H2, Elm Tree, no production data,
  • 37986, conf, CLR, Clear Creek Federal 8-26H1, Westberg, no production data,
  • 37908, conf, CLR, Charolais South Federal 10-10H, Elm Tree, no production data,
  • 37984, conf,  CLR, Clear Creek Federal 7026H, Westberg, no production data,
  • 37907, conf, CLR, Charolais South Federal 9-10H1, Elm Tree, no production data,
  • 37985, conf, CLR, Clear Creek Federal 6-2H2, Westberg, no production data,
  • 37906, conf, CLR, Charolais South Federal 8-10H, Elm Tree, no production data,
  • 38391, conf, Petro-Hunt, Dahl 162-100-13A-24-2H, West Ambrose, no production data,
  • 38049, conf, Slawson, Muskrat Federal 8-28-33H, Big Bend, no production data,
  • 37905, conf, CLR, Charolais South Federal 7-10H2, Elm Tree, no production data,
  • 38390, conf, Petro-Hunt, Meadow 162-100-12D-1-3H, West Ambrose, no production data,
  • 37859, conf, CLR, Clear Creek Federal 5-35H, Westberg, no production data,
  • 37333, conf, Hess, EN-Rice-A-155-94-0310H-3, Manitou,
DateOil RunsMCF Sold
11-20211351111176
10-202120
9-2021378240
8-202111914461
7-202171316825
  • 37190, conf, Whiting, Feehan 11-9TFHU, Sanish,
DateOil RunsMCF Sold
11-202150664387
10-202178319045
9-202180947705
8-202182296164
7-20211440551
  • 37147, conf, CLR, Kate 11-19H1, Big Gulch,
DateOil RunsMCF Sold
11-202167388160
10-202161117433
9-20211052212970
8-202162567780
7-20219011069
  • 37861, conf, CLR, Clear Creek Federal 11-35H, Westberg, no production data, 
  • 37863, conf, CLR, Clear Creek Federal 13-35H, Westberg, no production data, 
  • 38349, conf, Hunt, Blue Ridge 159-100-6-7H 5, Green Lake,
DateOil RunsMCF Sold
11-202188753531
10-202121250
  • 37864, conf, CLR, Clear Creek Federal 14-35SL2, Westberg, no production data,

Wells Coming Off The Confidential List This Next Week -- If It Weren't For Harold Hamm And Continental Resources, Would We Even Be Talking About The Bakken Today? January 23, 2022

Monday, January 31, 2022: 55 for the month, 55 for the quarter, 55 for the year
37983, conf, CLR, Clear Creek Federal 9-26H,
37909, conf, CLR, Charolais South Federal 11-10H2,

Sunday, January 30, 2022: 53 for the month, 53 for the quarter, 53 for the year
37986, conf, CLR, Clear Creek Federal 8-26H1,
37908, conf, CLR, Charolais South Federal 10-10H,

Saturday, January 29, 2022: 51 for the month, 51 for the quarter, 51 for the year
37984, conf,  CLR, Clear Creek Federal 7026H,
37907, conf, CLR, Charolais South Federal 9-10H1,

Friday, January 28, 2022: 49 for the month, 49 for the quarter, 49 for the year
37985, conf, CLR, Clear Creek Federal 6-2H2,
37906, conf, CLR, Charolais South Federal 8-10H,

Thursday, January 27, 2022: 47 for the month, 47 for the quarter, 47 for the year
38391, conf, Petro-Hunt, Dahl 162-100-13A-24-2H,
38049, conf, Slawson, Muskrat Federal 8-28-33H,
37905, conf, CLR, Charolais South Federal 7-10H2,

Wednesday, January 26, 2022: 44 for the month, 44 for the quarter, 44 for the year
38390, conf, Petro-Hunt, Meadow 162-100-12D-1-3H,
37859, conf, CLR, Clear Creek Federal 5-35H,
37333, conf, Hess, EN-Rice-A-155-94-0310H-3,
37190, conf, Whiting, Feehan 11-9TFHU,
37147, conf, CLR, Kate 11-19H1,

Tuesday, January 25, 2022: 39 for the month, 39 for the quarter, 39 for the year
None.

Monday, January 24, 2022: 39 for the month, 39 for the quarter, 39 for the year
37861, conf, CLR, Clear Creek Federal 11-35H,

Sunday, January 23, 2022: 38 for the month, 38 for the quarter, 38 for the year
37863, conf, CLR, Clear Creek Federal 13-35H,

Saturday, January 22, 2022: 37 for the month, 37 for the quarter, 37 for the year
38349, conf, Hunt, Blue Ridge 159-100-6-7H 5,
37864, conf, CLR, Clear Creek Federal 14-35SL2,

Twenty Years From Now, They're Going to Say, "We Under-Estimated The Bakken -- January 23, 2022

Take a look at the daughter wells MRO is now reporting.  

Then, from a reader today, from ZeroHedge, how the shale revolution saved Europe from a great blackout. 

Link here.

In October, 2021, the governments of Austria and The Netherlands warned of the risk of a “great blackout”. Soaring natural gas prices, lack of security of supply and a challenging outlook of pipeline deliveries from Russia made the governments exceedingly nervous about the chances of providing cheap and reliable energy for homes in winter.

However, an unexpected ally has prevented an energy crisis in Europe and, ironically, it is an ally that was banned in most European nations: Shale gas.

About half of the record U.S. Liquefied Natural Gas volumes shipped in December 2021 went to Europe, up from 37% earlier in 2021, according to the U.S. Energy Information Administration.

While most European nations banned the exploration and development of domestic natural gas resources many years ago, the United States has plenty and competitive supplies thanks to the shale oil and gas revolution, which has made the country almost energy independent. Domestic natural gas production has exceeded U.S. demand by about 10%.

An Old 2008 MRO Well With A 54x Jump In Production; In Addition Five New Monster Wells -- January 23, 2022

From "things to follow up on."

March 18, 2020: approved for re-entry; will be re-fracked when new wells to the west are fracked, scheduled for August, 2020 -- #37159, #37158, #37157, #37156, #37315 (these wells are now on drl status -- November 15, 2020):

The well:
  • 17256, IA/430, MRO, Reiss Ranch 24-10H, Killdeer, t7/08; cum 229K 2/20;

So, let's take a look at #17256:

  • 17256, IA/430, MRO, Reiss Ranch 24-10H, Killdeer, t7/08; cum 229K 2/20; 
    • this well was off line from 5/20 to 11/21, almost two years; 
    • apparently re-fracked; 
    • 22K over 12 days extrapolates to 54K over 30 days
    • from 1,000 bbls to 54,000 bbls, a 54x jump in production;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021122162021495540121603113212862
BAKKEN10-20210000000

BAKKEN5-20200000000
BAKKEN4-20200000000
BAKKEN3-2020175347291184930361
BAKKEN2-202029783802133735052


Which, of course leads us to the daughter wells which they tell us won't do as well as parent wells. These wells are just now starting to repot:

  • 37159, loc/NC, MRO, Gustav 44-9TFH, Killdeer, 24K over 15 days extrapolates to almost 50,000 bbls over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021152430424110350631524813416222
  • 37158, drl/NC, MRO, Gunvaldson 44-9H, 34K over 14 days extrapolates to 73,560 bbls over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-202114343283405439132229372058599
  • 37157, drl/NC, MRO, Helseth 41-16H, 35K over 8 days extrapolates to 40,911 bbls over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021263545635173777412574023051231
  • 37156, drl/NC, MRO, Lowry 44-9TFH, 20K over 8 days extrapolates to 75,716 bbls over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021820191200302550314314130280
  • 37315, drl/NC, MRO, Gunter 11-15TFH, Killdeer; 32K over 26 days extrapolates to 37K over 30 days;
PoolDateDaysBBLS OilRunsBBLS WaterMCF ProdMCF SoldVent/Flare
BAKKEN11-2021263180531551633672136719005202

Twenty years form now they're going to say "we underestimated the Bakken."