I don't think there's a lot new in this
Motley Fool article for regular readers of the blog, but it's a nice summary of what Bakken operators are spending to complete a well in the Bakken:
Similarly, Newfield Exploration said
that it's currently drilling and completing wells in the range of about
$8 million-$8.5 million, even recently completing a best-in-class well
for $7.4 million. That's a massive improvement over the company's
average first-quarter gross completed well cost, which came in at $9.8
million.
Most of the other Bakken operators are also mentioned, including KOG:
And last but not least is Kodiak Oil & Gas, a company whose operations are almost exclusively focused in the
Williston Basin. Though Kodiak pays more per well than the
aforementioned firms since its wells tend to be much deeper, it too
managed to bring well costs down to the $9.7 million-$10.2 million
range, a roughly 15%-20% reduction from year-ago levels.
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