Bench Pressing for Stronger Margins
A region on the rise
Plays Covered: Bakken, Three Forks, Niobrara, Codell, Mancos, Parkman, Turner, Frontier, Mesaverde, Wasatch, Fort Union
With stabilizing oil prices and substantial midstream takeaway capacity growth throughout the Bakken and Niobrara regions (and more potentially on the way), producers are itching to start completing their backlog of drilled but uncompleted wells (DUCs). Stacked deep with oil-bearing benches, the Bakken and Niobrara are sleeping shale giants ready to rise. Producers continue to hone their time-tested, efficient processes and squeeze every dollar from their best wells as the market shows signs of hope.
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