Economic benefits of long lateralsNewfield Exploration pushes the limits of horizontal drilling as focus shifts from diversity to domestic resource development Maxine Herr For Petroleum News Bakken
Newfield Exploration is stretching itself in the Bakken.
The company is using super-extended 10,000-foot laterals, which result in less surface disturbance with more common facilities on one pad using less truck traffic, all of which make for better well economics.
“The economics are better because....
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Lower well costs greatest achievement A seller, not a buyer, for now Leaving diversity behind
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