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DUC Inventory Update April 22, 2021 Justin J Kringstad Geological Engineer Director North Dakota Pipeline Authority

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Page 1: DUC Inventory Update - WordPress.com

DUC Inventory Update

April 22, 2021

Justin J KringstadGeological Engineer

Director

North Dakota Pipeline Authority

Page 2: DUC Inventory Update - WordPress.com

Active Drilling Rig Fleet – 16 (April 22, 2021)

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Page 3: DUC Inventory Update - WordPress.com

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Monthly Completion Scenarios - Oil

Page 4: DUC Inventory Update - WordPress.com

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Monthly Completion Scenarios - Gas

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North Dakota Wells Waiting on Completion – April 2021

JJ Kringstad - North Dakota Pipeline Authority 5

Bakken Formation

Most Attractive Acreage

in $50+ WTI Environment

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395

Wells

Completion Scenarios & DUC Inventory*

*Assumes 17 Rigs @ 1.8 New Wells Per Month

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Where are they now? (October 2020 to April 2021 Status Change)

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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 8