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Linn Energy, LLC (LINE) Message Board

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  • norrishappy norrishappy Nov 25, 2012 4:15 PM Flag

    Bakken Profitability

    Until the OLB trooper says bah bah bah.

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    • norris, Continental also has some info on them getting 1 million Barrels EUR from one single well (the 1st well in the group) in a group of wells with their 8 well per zone spacing.

      This is illustrated in their presentation from October, 2012 on their slide #70.

      Hess is doing it (1 million Barrels EUR) with dual- laterals, & Continental with just 1 horizontal wellbore in a group of eight.

      Please notice:
      "1st well recovers 1.0 MMBoe"

      "8 wells per zone
      1st well recovers 1.0 MMBoe

      8 wells recover 5.6
      MMBoe
      8 wells average 700
      MBoe per well (70%
      of 1-well scenario)

 
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