Some data points from others:
- WLL says they will recover eight (8) percent of the original oil in place (OOIP)
- WLL prefers < 30 frac stages
- WLL does not care for Eco-Pad format
- In addition to four to five long middle Bakken laterals in Sanish sections, WLL putting in "wing" wells (short laterals) as well as long TFS laterals
Recovering eight (8) percent of the OOIP is a huge story; original USGS estimates of recoverable oil in the Bakken was in the range of 1 - 3 percent. (I believe those figures came from USGS but might have come from other analysts after the 2008 USGS report.)
Off-topic but this reminds me of Apple Corporation twenty years ago. Everyone felt Apple Corporation was doomed with only two percent penetration in the PC (personal computer model). No one thought Apple could survive. "Believers" in Apple noted that the corporation would double in size if it only got to four percent penetration. Not an appropriate analogy, but eight percent is four times two percent. That's huge. And that's still only eight percent.
