tag:blogger.com,1999:blog-3555233033952952657.post5043492946367593502..comments2023-11-02T09:34:58.512-05:00Comments on Bakken Shale: Marathon Quickly Getting To The Bottom Of ThingsTeeguehttp://www.blogger.com/profile/11331850464011934960noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3555233033952952657.post-20526006551760333862008-05-02T12:08:00.000-05:002008-05-02T12:08:00.000-05:00I am happy to have Marathon Oil Co. taking over. W...I am happy to have Marathon Oil Co. taking over. We had problems with PDC. Our royalties were paid irregularly due to PDC's sloppy accounting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-84864679903470907582008-05-02T10:02:00.000-05:002008-05-02T10:02:00.000-05:00I am not convinced that EOG has a better mousetrap...I am not convinced that EOG has a better mousetrap. A year from now let's look at the production from Whiting's well in Section 16 of Austin Township and compare Whiting's production to the EOG wells that will surround Section 16.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-2292845535734191382008-05-01T12:08:00.000-05:002008-05-01T12:08:00.000-05:00i am hearing why eog gets these big numbers bopd i...i am hearing why eog gets these big numbers bopd is there fracturing technique. other companies are still using old type of fracturing that is out dated to save money and are coming up with poor results..if i had it over to do again, i would of not signed with the company i did and would of signed with eog. these little companies just do not have the capital to do it right so they cut corners..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-66809317479890588342008-05-01T08:46:00.000-05:002008-05-01T08:46:00.000-05:00The map suggests that Marathon is doing something ...The map suggests that Marathon is doing something similar to what Whiting has laid out in the Sanish field, two long-lateral wells in a 1280 acre spacing that cross over a section line. Marathon's laterals appear to run almost directly N-S. Since they are N-S, they are just under a mile long so they clear the section boundaries of the spacing on all sides. Whiting's 1280 acre spacing laterals Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-78558969486622975732008-05-01T08:02:00.000-05:002008-05-01T08:02:00.000-05:00I also see in the slides they are using a recovery...I also see in the slides they are using a recovery rate of 6 %.Unknownhttps://www.blogger.com/profile/03174077320039378669noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-71604548364776531292008-05-01T07:48:00.000-05:002008-05-01T07:48:00.000-05:00david said "marathon has near 2 mile long laterals...david said "marathon has near 2 mile long laterals on 1280 acre spacing"<BR/> i think the slide says 1280 acre units with 2 (two) wells per unit.<BR/><BR/>and,<BR/>"low if not zero dry holes"<BR/><BR/> you must mean technical dry holes, if the '90's are any indication, there will be many economic dry holesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-5084331318559866762008-05-01T06:54:00.000-05:002008-05-01T06:54:00.000-05:00Marathon vs EOGor Dunn vs Mountrail countyIts inte...Marathon vs EOG<BR/><BR/>or Dunn vs Mountrail county<BR/><BR/>Its interesting to make these comparisons.<BR/>Both are saying about 5.5 mill $ direct drilling cost<BR/>Marathon has near 2 mile long laterals on 1280 acre (2 section spacing)<BR/>EOG runs mile long laterals on 640 acres<BR/>Marathon estimates 300 bopd initial production (with production dropping to maybe 1/3 of that after 6 months???Anonymousnoreply@blogger.com