The Dreaded Bakken Decline Rate -- An Ovintiv Calhoun Well -- October 4, 2023

Locator: 45645B.

The well:

• 38721, conf-->drl/A, Ovintiv, Calhoun 149-98-3-10-12H, Pembroke, Three Forks, first bench; t--; cum 172K 8/23; stimulated 12/19/22; 32 stages; file report did not include amount of frack fluid/ pounds proppants; drilling was completed with 8 drill bits; 209.75 drilling hours; average penetration rate of 108.9 feet / hour; lateral was within the 20' target window for 80.46%; 12.48% drilled above zone; 7.06% drilled below zone.
  

Production:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2023	31	6786	6825	13842	38128	37129	999
BAKKEN	7-2023	31	8425	8331	15738	20783	20683	4
BAKKEN	6-2023	30	7946	8104	15308	26422	22120	4177
BAKKEN	5-2023	31	11727	11654	20759	38012	36146	1735
BAKKEN	4-2023	30	16364	16389	24271	43467	43056	279
BAKKEN	3-2023	31	23122	23143	32770	41839	41681	44
BAKKEN	2-2023	27	27864	27953	36132	43937	43452	369
BAKKEN	1-2023	31	53537	53648	62244	95326	94050	1077
BAKKEN	12-2022	14	16117	15703	17002	11180	8406	2497