Our wells when they were first drilled 15 years ago came on around 300/day. Now they are around 50/day
The joys of decline curves, tech changes, and basin differences...
Bakken
(Spud date)
2006-2022, 12 month cum oil, average ~395 bbls/d
2016-2022 vintage, 12 month cum oil, average ~452 bbls/d
2016-2022 vintage, 6 month cum oil, average ~1644 bbs/d
2016- Present, 12 month cum oil.
165,271= 452bbls/d
2016-Present, 6month cum oil
107,863 = 599 bbls/d
Which I think more than anything makes the point that you have to keep drilling and expanding and creating more impact to produce oil. So it's not a set amount disturbance.
My original post was more meant to provide some context for what that amount of acreage means. Elon musk has floated 10,000 sq miles others 22k as what you would need to power the US with solar.
He acts like that's small... but my point above is that 183,000 is pretty staggering. The Elon number is flirting with the total amount of public land east of the Mississippi.
Oil and Gas is very problematic, but I think one is insane if they think doubling down on development of public lands is the answer.
Part of me wonders why we don't target abandoned/orphaned/ marginal well sites for solar... you could probably add thousands of acres of solar doing that...