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G'day Rob79 'A study by Bloomberg Intelligence of about 80 wells...

  1. buc
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    G'day Rob79

    'A study by Bloomberg Intelligence of about 80 wells that were originally tapped in North Dakota’s Bakken formation in 2008 or 2009 and then refracked again years later shows a clear pickup in output.

    The wells on average produced more than 30 percent more oil in the month after the refrack than they did after the original completion, according to analysts William Foiles and Peter Pulikkan.


    http://www.bloomberg.com/news/artic...eeps-across-shale-industry-after-oil-collapse

 
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