Acreage -- Pricing -- Bakken -- May 19, 2024

Locator: 47122B.

I may post more examples throughout the day but this is a start. I am posting these in response to a reader suggesting the value of his/her acreage in the Bakken.

So, here we go. 

First example, from the Eagle Ford, a "gassy field" among the shale oil plays. Mano a mano, the Bakken wells are better oil wells than Eagle Ford oil wells. See dashboards. See this link.

Original Post

From May 7, 2014, link here:

 
Reported earlier, Encana paid $3.1 billion for this in Eagle Ford --

The deal will give Encana 45,500 net acres in Karnes, Wilson and Atascosa counties in south Texas. The properties produced the equivalent of about 53,000 barrels of oil per day in the first quarter.

And then this, from the Bakken, just a few months ago, link here: