Tuesday, October 9, 2012

Nodding Donkeys In the Bakken, Eagle Ford, and the Utica

Link here to Bloomberg.

Data points later, maybe, except this one:

New wells in the Bakken formation of North Dakota and Montana generate enough pressure to flow on their own for as long as two years before pump jacks or other so-called artificial-lift equipment is needed, Jeffrey B. Hume, executive vice chairman of Continental Resources Inc., the dominant Bakken operator, said in an e-mailed statement yesterday.?
A little bit of hyperbole, perhaps. It depends.

Source: http://www.milliondollarwayblog.com/2012/10/nodding-donkeys-in-bakken-eagle-ford.html

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