TSXV:VER.H - Post by User
Comment by
Naamkaton Apr 18, 2011 10:03pm
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Post# 18450320
RE: RE: RE: BEXP Announces Record Montana Bakken C
RE: RE: RE: BEXP Announces Record Montana Bakken CThe MO in the U.S. Baaken is quite different than it has been in Canada. BEXP is drilling 2 mile long horizontals and has, as a consequence, fracced at least double the number of intervals per well as in Canada.
Which creates startlingly high IPs but massive declines. It's a good solution to the much deeper (a.k.a.: more expensive) drilling costs in the U.S. Baaken. Once you're down, drill as far as you can and frac the hell out of the bores.
Paranthetically, I note that this method results in 1/2 the drilling locations per section, so take note.
Regards,
Naamkat
P.S. GoJerez: Sure, it's close to our land in the same way that North Dakota is close to South Dakota (i.e.: in other words, basically irrelevant).