"Every" Bakken well will eventually be on a pump, and many (most?) within the first few years.*
You may want to remember those data points when reading this SeekingAlpha article: General Electric to be the real deal in artificial lift.
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*This statement is an opinion. It is based on the data from the following permits:
- 18000 - 18099
- 18100 - 18199
- 19000 - 19100
Of those 300 permits (296 Bakken permits):
- 48 were not completed (PNC/EXP/LOC/CONF)
- 40 were not on a pump
- 208 were on a pump
There was also a suggestion (in the data of 300 wells) that the more recent wells are getting placed on pumps sooner than the earlier wells, but not enough data to say for sure, and not in the mood to collect more data; maybe some other time.
Again, I only went through the list once, and I went through it quickly, so there may be small errors.
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