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DUC Inventory Update October 14, 2020 Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

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Page 1: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

DUC Inventory Update

October 14, 2020

Justin J KringstadGeological Engineer

Director

North Dakota Pipeline Authority

Page 2: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

2JJ Kringstad - North Dakota Pipeline Authority 2

Monthly Completion Scenarios - Oil

Page 3: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

3JJ Kringstad - North Dakota Pipeline Authority 3

Monthly Completion Scenarios - Gas

Page 4: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

Current Drilling Rig Fleet – 16 (October 14, 2020)

44JJ Kringstad - North Dakota Pipeline Authority 4

13 Rigs

Page 5: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

5

North Dakota Wells Waiting on Completion – Oct 5, 2020

JJ Kringstad - North Dakota Pipeline Authority 5

Bakken Formation

Most Attractive Acreage

in $40 WTI Environment

Page 6: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

6JJ Kringstad - North Dakota Pipeline Authority 6

443

Wells

Completion Scenarios & DUC Inventory*

*Assumes 13 Rigs @ 1.8 New Wells Per Month

Page 7: DUC Inventory Update...2020/10/14 · Justin J. Kringstad, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax:

Justin J. Kringstad, DirectorNorth Dakota Pipeline Authority

600 E. Boulevard Ave. Dept. 405Bismarck, ND 58505-0840

Phone: (701)220-6227Fax: (701)328-2820

E-mail: [email protected]

Websites: www.pipeline.nd.gov

www.northdakotapipelines.com

Contact Information

JJ Kringstad - North Dakota Pipeline Authority 7

http://www.pipeline.nd.gov/

http://www.ndpipelines.wordpress.com/

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