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Red River Valley | the decline rates of the Bakken must vary from the one your showing
When Harlod Hamm lifted his hedges the KSA was telling the world they would not cut which has to make one curious as to how logical he was thinking.
The smartest guy in the Bakken ( at least he has been the most correct through the play ) has stated on more than one occasion that they will Drill to $45.00 per barrel and pump to $20.00 a barrel.
Jon what is the daily production of those wells that were shut in ?? In the 80's the first wells shut in were producing less than 3 barrels a day the avg. well in the Bakken three years after drilling will be producing 70 from what I have been told. | |
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Zombie Oil projects..
