Bakken shale
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The CEO of Phillips 66 expects the DAPL to be operational in 2Q 2017.
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The Dakota Access Pipeline, which will connect the Bakken and Three Forks production areas, has received the regulatory go-ahead from the US Army Corps of Engineers.
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This paper presents results from the analysis of the effect of in-fill drilling on parent-well performance, and describes a simplistic approach to understanding the effect of the quest for operational efficiencies and economic cycles on development strategies.
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In this study, detailed petrophysical and geological field models focusing on the middle and lower members of the Bakken Formation were developed.
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Two places that illustrate the mounting challenges facing the shale business are the Bakken Shale in North Dakota, where the number of working rigs is one-third what it was a year ago, and the Fayetteville Shale in Arkansas, where there are no more working rigs.
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A pilot project carried out by Hess demonstrates how quickly automated drilling technology is able to take a rig from the bottom of the pack in terms of performance and push it to the top.
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The Bakken’s ultratight, largely oil-wet nature limits the potential of waterflooding. As an alternative, an optimally spaced well-to-well surfactant-flooding technology is proposed.
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The Bakken Petroleum System, which includes the Bakken and Three Forks shales in North America, is estimated to hold as much as 900 billion bbl of original oil in place.
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This paper evaluates dominant and currently applied completion methods by comparing wells in the Middle Bakken continuous resource play that have used all identified systems.
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As shale operators look for ways to survive amid the current downturn in oil prices, accelerating the refracturing of older horizontal wells is turning into one of the most attractive options.