Bakken and Three Forks Key Play

The Bakken is as competitive with the Eagle Ford and Permian as ever before. But with productivity plateauing and well costs expected to rise in 2022, will the Bakken retain investment or lose out to plays with more inventory and more upside to high oil prices? We believe that the Bakken will attract enough investment for one more production peak mid-decade, by relying on stable cash flows, comparatively low above ground risk, and at least 5 years worth of high-quality inventory. Our type curve update showcases a suite of analyses covering well costs, well productivity, and economic summaries. We also answer: • How have breakevens changed since our last update (Q1 2020)? • Where are operators drilling as they face pressure to be capitally disciplined? • How are operators pairing well spacing decisions with less intense completion designs? • Which subplays hold the remaining ultra low-cost inventory?