HYIP-Man: Time between drilling and first production has little effect on oil well production
Tuesday, September 10, 2019
Time between drilling and first production has little effect on oil well production
Time between drilling and first production has little effect on oil well production
According to North Dakota production data, the length of time that an oil well has been drilled but remains uncompleted—meaning it has not yet started producing—has little effect on its initial production level. Oil wells are sometimes drilled but remain uncompleted for other operational or economic reasons. The North Dakota data provides insights into oil well completion practices.

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