Wednesday, May 20, 2015

Cumulative BOE Through Time

I believe that the first "apples to apples" comparison on production can be made at the six month mark.  This provides time for each well to clean up and establish a decline curve.  The chart below presents the cumulative barrels of oil equivalent at 6,12, 18, and 24 month timeframes. One interesting observation is that several of the "Top 10" at 6 months haven't even reached a year yet. This is a great sign of improving frac jobs.  Note that the state regulatory agencies are 2-3 months behind.

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