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WS - Ultra lowering costs through two-string wellbore design pilot - September 17, 2019

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Ultra Petroleum has been conducting a two-string wellbore design pilot on its Pinedale assets as it looks for further costs savings. The company has drilled 13 wells in the program YTD and has realized savings of $500,000 per well, despite being in the early stages of the program. Ultra successfully delivered eight two-string design wells in Q2 at an average cost of $2.6 million apiece. These wells are not easy to complete, but the......
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