Bakken :
65% IRR Economics
December 5, 2011 |
Bakken Takeaway :
> 1.4 MMbbl/d by 2013
December 1, 2011 |
Bakken Production : Evolution of the Play
October 16, 2011
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Bakken : Growth
Continental Resources
November 14, 2011 |
WPX Energy, the E&P spinoff from Williams, unveiled the keys its portfolio, including Bakken economics. In sum, based on $95 oil, $9.5 MM D&C, and 710 MBOE type curves, the play pre-tax IRR is an impressive 65%. Notable, WPX's Marcellus Susquehanna economics are on par. WPX also sees Bakken takeaway growing to over 1.0 MMbbl/d by early 2013.
Full Presentation.
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This slide, courtesy of Kodiak Oil & Gas, is one of several slides in docFinder presenting the infrastructure growing to move oil out of the the Bakken. This slide shows growth of pipeline capacity plus rail and trucking. Infrastructure takeaway is slated to nearly triple from 1h41 of 540 Mbbl/d to over 1.4 MMbbl/d by year end 2013.
Full Presentation. |
This slide is presented by Statoil as background for their enthusiasm in the purchase of Brigham Exploration. An excellent breakdown of the growth of Bakken oil production showing rig count as well as Montana and North Dakota production. The play began in earnest in 2003 in Montana with extreme growth in North Dakota beginning in late 2008.
Full Presentation. |
Continental Resources is the #1 Williston basin oil producer and illustrates how the Bakken keeps getting bigger. The company is on record back in October 2010 stating the play has 24 billion boe of technically recoverable oil and gas reserves. The slide above shows the large extent of the play: 14,700 square miles.
Full Presentation. |
