30+ Wells Per Spacing Unit In The Bakken -- CLR

A reader alerted me to this link, thank you.

SeekingAlpha is reporting:

“So if all 4 of those intervals, plus the Middle Bakken works, you could see you're talking about 30-some-odd wells per spacing interval. And so it's very impactful to try to understand this as you begin to play in your full-field development in terms of being able to drive down cost and ultimately recovering -- optimizing how you recover basis that 32 billion to 45 billion barrels of reserves as efficiently as 1 talks possibly can. So that's a couple of things to watch that are real drivers for us in terms of -- and this is essentially a 2-year program, both of these. So we're going to announce the sort of results quarterly on the productivity project probably towards the end of the year and next year before we have these pilot density projects to be able to announce to you."