Wolfcamp Curve
October 13, 2011 |
Marcellus Curve
October 13, 2011 |
Bakken Curve
October 5, 2011 |
Niobrara Curve
October 4, 2011 |
Courtesy of Approach Resources, this slide shows Horizontal Type curve for the Wolfcamp play in
Crockett County, Texas in the Permian basin. In the full presentation we learn that horizontal
drilling provides a 5.6X uplift versus vertical. This compares to 6.5X in the Eagle Ford and 7.3X in the
Niobrara. |
Courtesy of Enerplus Resources Fund, this slide shows 90% of recent wells in NE Pennsylvania are
outperforming the 6 Bcfe Type Curve. In the full presentation we learn that at $4.00/MMbtu
gas, the 6 Bcfe well yields an IRR of 20% and the 4Bcfe well loses money. |
Courtesy of Brigham Exploration, this slide shows a ROR range of 34% to 77% for horizontal wells in the
Bakken with EUR’s ranging from 500 – 700 MBOE. In the full presentation we also learn that
based on a 600 MBOE curve, the breakeven oil price (or 10% ROR) is $55. |
Courtesy of Carrizo Oil and Gas, this slide shows that based on 300 MBOE curve and at $85 oil, the
Niobrara pays out in less than two years and yields a IRR of 76%. In the full presentation we
also learn that in the Eagle Ford gas condensate window , a 400 MBOE well yields an IRR of 44% (same price deck). |
