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WS - Chesapeake loses Turner locations, expects to add Frontier - March 17, 2020
During 2019, Chesapeake Energy brought online 72 wells in the Powder River Basin. The appraisal process resulted in some interesting conclusions about well spacing. While its peers are looking at developing the Turner at four wells per section, Chesapeake had been more conservative at two to three. But on its Feb. 26 earnings call, exploration and production EVP Frank Patterson ruled out development of more than two Turner wells per section on the company’s......
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