North Dakota’s production now exceeds that of 2014. D-J operators continue to turn up productivity. The Powder River is hosting 2,000-plus boe/d wells. And the San Juan continues to deliver. Here’s a look by analysts from PetroNerds and Seaport Global Securities on how Wall Street is valuing D-J Basin and other operators’ reserves.


  • Trisha Curtis, president and co-founder of PetroNerds LLC; and
  • Mike Kelly, managing director and senior analyst at Seaport Global Securities LLC.