Eastern Plains tight oil unconventional concept play
Small companies in the Eastern Plains area have reported very low rates of decline from inexpensive oil wells producing from stacked Carboniferous zones. In particular, Nighthawk's Steamboat Hansen 8-10 well first started producing in November 2012 at roughly 200 b/d. It steadily rose to 300 b/d in June 2013 before rising again to 400 b/d in July 2013. Additional wells have consistently produced at rates between 700 and 1,200 b/d over one to two month time periods close to their...