DUG Midcontinent: More Fractures For Less Money
OKLAHOMA CITY—Spacing is crucial in the Stack play, Wade Hutchings, senior vice president of exploration and production at Devon Energy Corp. (NYSE: DVN), said during a keynote address at Hart Energy’s DUG Midcontinent conference.
Devon’s 24-well Showboat project in the Stack has delivered critical learnings this year, Hutchings told conference attendees at the Cox Convention Center in downtown Oklahoma City. The project located in Blaine County, Okla., had 12 wells per unit.
Following the initial 12-well Showboat spacing project, Devon has quickly recalibrated its completion designs and flowback strategy to improve results at nearby projects, Bernhardt and Horsefly, in the Stack.