Ron Patterson and Guests 1.87K Followers
Summary
For the most recent 6 years, the annual decline rate of normalized EUR for the average Permian Basin well is about 3.5% per year.
The annualized decline rate for the EUR normalized to a 10,000-foot lateral for the Permian, Bakken and Eagle Ford is about 4.3% per year from 2021 to 2025.
Eagle Ford EUR per 10,000 feet of lateral has a somewhat slower decline rate than Permian and Bakken over the longer 2016 to 2024 period.
Sunshine Seeds/iStock via Getty Images
A guest post by D C
I was recently able to update type curves for the Permian Basin, Bakken/Three Forks, and Eagle Ford from Enno Peters's new website named commovision. Below is my best guess scenario for
This article was written by
Ron Patterson and Guests 1.87K Followers
Ron Patterson is a retired Computer Engineer. He spent five years in Saudi Arabia working for Saudi ARAMCO. He has followed the peak oil story since 2000. Ron started blogging on peak oil in 2013.…