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NCND | Coo chief he has 3.3/1280 so controls .257% of well then take that times his
Wait Nevermind see you got it now.
Boss man that stuff being sold and exported at epping or where is it going to? Dohr? Or piped to one of those places?
I think 9.5 million is pretty much what the next few will cost give or take a hundred grand or so. They performed a slick frac on his which is essentially "wet" water and sand. George Mitchell of Mitchell energy game first started that 30 years ago but they just started doing slick gracs in last year or 18 months with good results here. They cost more too so some of well savings they were seeing are now being ate up by higher frac costs but these gracs have higher eur's.
You should see some of the production numbers from the real good areas. 60k barrels a month for a few months not out of the norm at all. Most of the time those would free flow that no artificial lift involved. We were hauling an infill eog well last August and it was pumping out justs under 200 barrels an hour.
There was a well just drilled by my place(non bakken) they were tearing rig down today but plan to frac it soon. Be interesting to see how they do it in our Madison formation versus the bakken. Won't be near the production as far as equipment and stuff but be fun to see how they do it in these old conventional plays. | |
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Oil Well Investment
