Thursday, June 22, 2017

Worth Reposting -- Building An "Oil Factory" In The Bakken -- June 22, 2017

From a special report on energy, in The Wall Street Journal, back in 2015.

Liberty Resources, Page R6

What the future of oil drilling will look like -- case study: Liberty Resources, the Bakken. Regular readers already know about this; we've been talking about the "manufacturing stage" in the Bakken for the past several years.

Here's the graphic:

Note the graphic above: 12 wells per pad. In the graphic above, there are six 1280-acre drilling units. That's 72 wells. In fact, that's just the start. Others may have seen this coming long ago, but it was Harold Hamm who espoused it publicly over and over. And over. There will be enough wells in this one "manufacturing unit" to support a salt water disposal well, eliminating the need for trucking water to an off-site SWD well.

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Update from New York

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