Break Even Costs -- How Does One Even Begin? -- December 17, 2018

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Title : Break Even Costs -- How Does One Even Begin? -- December 17, 2018
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Break Even Costs -- How Does One Even Begin? -- December 17, 2018

Two Equinor wells -- re-fracked. Discussed before.
  • 21046, 2,264, Equinor/Statoil, Jack 21-16 1H, East Fork, 33-105-02260; t5/12; cum 315K 10/18;
  • 21045, 3,205, Equinor/Statoil, Ruth 28-33 1H, East Fork,33-105-02259, re-fracked 8/1/16, 12 stages, 1.5 million lbs, IP of 1,226, t4/12; cum 328K 10/18; very small re-frack for huge return; off line again, as of 10/18;
Now, look at Ruth #3:
  • 30431, 3,256, Equinor, Ruth 28-33 3H, API: 33-105-03952, East Fork, t11/16; cum 216K 10/18; this well was fracked in 2016; not re-fracked; look at huge jump in production in March, 2018; full production profile:
Pool Date Days BBLS Oil Runs BBLS Water MCF Prod MCF Sold Vent/Flare
BAKKEN 10-2018 31 9207 9017 12424 5165 3770 771
BAKKEN 9-2018 19 5258 5150 9038 3921 2687 873
BAKKEN 8-2018 19 4008 4132 5586 3432 2999 95
BAKKEN 7-2018 27 6712 6803 7997 6178 4876 696
BAKKEN 6-2018 22 6669 6425 8682 5710 1413 4066
BAKKEN 5-2018 15 2735 2769 4204 3178 1411 1652
BAKKEN 4-2018 30 6239 7400 9235 6525 5126 1037
BAKKEN 3-2018 31 15043 14703 15616 13949 12933 329
BAKKEN 2-2018 25 8977 8069 12145 17897 12846 4205
BAKKEN 1-2018 31 933 1257 1996 1121 1052 2
BAKKEN 12-2017 23 4738 4433 9428 4142 3513 381
BAKKEN 11-2017 6 1985 2289 2747 1906 1475 359
BAKKEN 10-2017 29 11050 10998 13805 9195 8553 252
BAKKEN 9-2017 28 8998 8928 10263 9587 9022 125
BAKKEN 8-2017 31 11049 11134 11728 11751 11230 4
BAKKEN 7-2017 30 11815 12709 13693 11147 10648 0
BAKKEN 6-2017 28 17422 16698 17897 20108 19057 201
BAKKEN 5-2017 31 16627 16549 16613 15748 14475 699
BAKKEN 4-2017 30 10808 10651 9885 10636 9671 570
BAKKEN 3-2017 4 1985 2213 2618 1611 1423 125
BAKKEN 2-2017 25 17254 17255 18277 17436 16135 571
BAKKEN 1-2017 31 27468 27154 30252 22611 20177 1429
BAKKEN 12-2016 3 2742 2634 3234 2020 1719 206
BAKKEN 11-2016 30 6362 6266 6982 5400 4795 340


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