EOG goes to 700-foot well spacing patternOptimizing spacing to speed production, maximizing net present value; downspacing could add years to Bakken drilling inventory Steve Sutherlin For Petroleum News Bakken
Bakken downspacing is paying off in more than one way for EOG Resources Inc.
During the first quarter, EOG achieved economic success with 1,300 feet between wells and now is testing 700-foot spacing patterns to determine the optimal development of the field, the company said.
“Last year we increased....
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