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BS - Continental Resources Highlights - November 5, 2019
After nearly three years of being in multi-zone unit development mode in the Bakken, Continental Resources continues to turn in consistent initial well rates. The company brought online 57 operated wells (37 net) during Q3, with initial 24-hour rates averaging 2,313 boe/d. Since the company began development in the play in 2017, IP24s from 440 wells have averaged 2,300 boe/d (80% oil). The 2017 and 2018 development program paid out in a year and......
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