The implementation of drilling and completion modifications continues to yield positive results. Average time from spud to total depth decreased by approximately 15% to 17.7 days in the Fort Berthold area and by 17% to 17.1 days in Williams County quarter-over-quarter. Net production from the Williston Basin increased by approximately 40% quarter-over-quarter. All Halcón-operated wells that have been drilled and completed with the modified techniques are performing significantly better than wells drilled and completed with the previous methods. During the third quarter, the Company reported its strongest Bakken IP rate to date, 3,914 Boe/d, in the Fort Berthold area.from halcon quartly
AKK Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
