Monday, February 27, 2012
Fracking Backlog Update: Fifty Percent of Recently Drilled Wells Not Completed
Of the ten most recently reporting wells in the Bakken, all ten came off the confidential list over the weekend, only five were fracked/completed, i.e., 50 percent. Part of the reason may be the winter. But we are well into the second or third year of the boom and well past the point where operators said they would be caught up by now.
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