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g8trgr8t

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  • Bakken Update: Diamondback Has 28% Upside [View article]
    thanks. interesting stuff. I will have to read more when I get a chance.

    I wonder how the source rock there compaes to the geology in ND. Not sure I understand how they can surcharge 9 wells with 1 in a tight formation as it would seem that the wells would have to be communicating.

    It just seems that leaving 85 - 90% of the oil in place would open an opportunity for somebody to figure out a way to recover a lot more of the resource. Sooner or later somebody will figure it out and then all these major leaseholders should get another major lift. Hopefully by then there will be more midstram capability to economically move the oil to the market with the best price.
    Sep 1 10:47 PM | 1 Like Like |Link to Comment
  • Boom for fracking sand suppliers means gold for investors [View news story]
    SLCA and HCLP have been very good to me. Just added 20k shares of ABCAF for the long term. The ROR on the extra sand is going to push all the drillers to use the additional proppant. Nowhere to go but up
    Aug 29 12:41 PM | Likes Like |Link to Comment
  • Bakken Update: Diamondback Has 28% Upside [View article]
    thanks Craig, as usual a wealth of information. Gasfrac was one of my not so bright early investments in the sector, sounded good though.

    My primary questions was if the gas could be used for EOR if the adjacent bores in the closer spacing sections end up communicating. ie turn every third bore into a recharge well

    I guess if the gas gets embedded and creates bottlenecks the answer would be no.
    Aug 28 03:35 PM | 1 Like Like |Link to Comment
  • Bakken Update: Diamondback Has 28% Upside [View article]
    thanks for the response and agree that using injection to eliminate flaring might be an option some have to consider to meet the rules. Not only would it seem possible for the flared gas to be used to pressurize the formation to move the oil to extraction bores but it would seem possible that the formation could then be used to store the gas until such time that the market price warrants extraction and the midstream and ethane extraction capacity is in place. easy to forget just how young the science really is and how much room to run there is as the rates of recovery continue to climb. not a geologist, need somebody smarter than me to jump in...calling Craig Cooper...
    Aug 28 01:05 PM | 2 Likes Like |Link to Comment
  • Bakken Update: Diamondback Has 28% Upside [View article]
    Michael,

    With the great majority of the refiners set up to handle a different oil than what we are currently producing is there much import demand for light sweet vs the heavy crudes that most of the gulf coast refineries are designed for? Would it require reconfiguration of the refineries to efficiently process the lighter oil coming out of the shale plays?
    Aug 28 12:43 PM | Likes Like |Link to Comment
  • Bakken Update: Diamondback Has 28% Upside [View article]
    good work as always. Wondering if NCS Energy isolation techniques will keep the frac closer to the well bore and lead to possibly even closer spacing than the 660'

    and if the 660' spacing communicates as KOG hinted at could the center bore be used as a recharge well to pressurize the adjacent wells in an eor test? instead of flaring all that nat gas, use it to pressurize the formation and push the oil out and then recover it at a later date...just thinking out loud.
    Aug 27 01:57 PM | 1 Like Like |Link to Comment
  • Continental Resources Is Set To Take Back Its Crown And To Double Its Reserves [View article]
    WLL is also using some slickwater fracs along with OAS but look at the Montana production volumes for the WLL 60 stage frac there (Skov 3H) compared to the offset wells.

    Anxiously awaiting the production numbers from the WLL 93 stage frac in ND. The new and improved isolation methods from NCS seems to be even better than the slickwater well results but with only 1 set of numbers currently public it is difficult to judge.

    All of these oilers should see substantial increases in stated reserves once these new techniques work their way into the system. I fear that the increased production from the new completion techniques is going to create even more midstream constraints though. Desperately need a pipeline to the west coast.
    Aug 25 10:03 AM | 2 Likes Like |Link to Comment
  • Kodiak-Whiting Merger Will Be Hugely Beneficial For The Shareholders [View article]
    look at BCEI results of downspacing in the DJ basin where WLL is just beginning to scratch the dirt. look at WLL results with new completion techniques (SKOV 3h well) and what OAS is getting with slickwater fracs. Keep an eye out for results from WLL 93 stage frac job in the bakken. EUR's and proved reserves are going to go up in a big way as this all works itself into the field and the reserve reports. No worries at all for long term investment unless global economy crashes. jmho
    Aug 18 09:54 AM | Likes Like |Link to Comment
  • Kodiak-Whiting Merger Will Be Hugely Beneficial For The Shareholders [View article]
    the price is .177 WLL, not $13.90. Right now, that equates to $15.26 per share. By the time of closing I suspect .177 WLL will be well north of $16 per share.
    Aug 13 10:51 AM | Likes Like |Link to Comment
  • Kodiak-Whiting Merger Will Be Hugely Beneficial For The Shareholders [View article]
    no big boys have acquired much since STO bought out BEXP, It isn't like they are all buying and leaving WLL or KOG at the altar.
    Aug 13 10:47 AM | Likes Like |Link to Comment
  • Kodiak-Whiting Merger Will Be Hugely Beneficial For The Shareholders [View article]
    It will be interesting to see how WLL completion techniques work on KOG geology vs the KOG methods. If you liked KOG, you should love WLL, especially with their DJ basin properties in the portfolio.

    And don't write off grizzly/wildrose. With better completion techniques they may have more value than they are being given. See WLL SKOV 3H well production in Montana for what better methods can do vs offsetting wells in challenging geology
    Aug 12 03:21 PM | 1 Like Like |Link to Comment
  • Recent Market Weakness Presents Opportunity In The Oil Patch [View article]
    KOG will be worth .177 WLL and at times will trade below that ratio. That may be an alternate way to pick up WLL even cheaper.
    Aug 11 05:14 PM | Likes Like |Link to Comment
  • Bonanza Creek Reports In-Line Volumes, Bottom-Line Miss On One-Time Costs, Super Section Looking Good [View article]
    Bill, your humility is becoming. If it was so easy everybody would be good at it.
    Aug 8 11:41 PM | Likes Like |Link to Comment
  • Bonanza Creek Reports In-Line Volumes, Bottom-Line Miss On One-Time Costs, Super Section Looking Good [View article]
    is this the NCS Energy multi-stage isolation system being deployed to get to 56 stages?
    Aug 8 11:39 PM | Likes Like |Link to Comment
  • Bonanza Creek Reports In-Line Volumes, Bottom-Line Miss On One-Time Costs, Super Section Looking Good [View article]
    saying easy to add acreage

    this was the most surprising of all the info to me.

    does this surprise you too and do you have any idea if this opportunity is contiguous to existing holdings or what the price per acre average is?
    Aug 8 11:36 PM | Likes Like |Link to Comment
COMMENTS STATS
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