The Bakken is a notoriously tough area for producers to drill, which is why the play has some of the highest well completion costs in the U.S. Producers can spend $10 million or more to drill a single ...
Efficient drilling in shale reservoirs requires detailed 3-dimensional (3D) horizontal well trajectories. An orthogonal-arc trajectory (OAT) method assumes a single constant curvature in the curved ...
Well construction costs comprise the largest component of the capital expenditures required in onshore developments, typically ranging 70-90% of total project costs. Thus, the cost to drill and ...
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