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by balderdash
1424 days ago
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Couple of interesting to things to note: Oil wells have super long useful lives (50+ years) but The majority only produce <15bbl/day due to decline curves (especially pronounced gor. The footprint of a well pad is pretty small one they’re in production ~<1/4 - 1/2 /acre. Many modern well pads can have multiple wells (4/6/12) due to directional drilling, further increasing well count. |
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