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Operators Accelerating Bakken Ops as Low Costs Fuel Drilling Capital
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Several Bakken/Three Forks operators are increasing activity in the play as lower well costs free up capital that can be used to fuel additional drilling operations.
Continental ResourcesAccording to its June 2015 presentation, Continental Resources is seeing increased returns in the Bakken/Three Forks as it continues to enhance completions in the play.
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EnerplusEnerplus Corp. is also adding to its Bakken agenda in 2015.
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WPX EnergyAdditionally, last week WPX Energy reported that it plans to ramp up its activity in the Bakken, citing improved results and lower completion costs. The company plans to add two rigs in the near future.
Crescent Point/Legacy DealSimilarly, Bakken economics have also spurred various deals in recent months. One…
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