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BS - WPX lowers Bakken well costs to $6.7MM, outperforming 2018 - November 5, 2019
WPX Energy believes its Williston Basin economics are the best in the basin. Its current well costs are $6.7 million for 2-mile laterals, including drilling, completions, facilities and artificial lift. The company pointed to its Bird Bear pad as demonstrating the quality of its results. The Bird Bear 35-26HB well delivered the highest initial 24-hour rate of Q3 for the company at 5,664 boe/d (81% oil). The well was one of six on the......
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