Revitalizing Bakken Production with Bio-based Technology

Through a recent partnership between Creedence and Locus BE, operators in the Bakken now have access to a novel, ESG-friendly technology to sustainably increase oil production.

(Source: Locus Bio-Energy Solutions)

Widely considered the birthplace of the U.S. oil boom of the early 2000s, North Dakota’s Bakken oil field is now in serious decline. Amid the global COVID pandemic, and the market crash that followed in early 2020, Bakken operators are struggling to get their output back to pre-pandemic levels.

And after years of active drilling, operators face a decline in the number of new wells that can produce high volumes of low-cost oil. In the Bakken’s existing wells, oil recovery rates have averaged less than 10% over the past several years. Horizontal wells drilled towards the center of the Williston Basin have demonstrated decline rates as high as 85% within the first three years. 
These realities are forcing operators to find new ways to boost production in declining wells and improve initial production in new completions—all while helping the Bakken become a leader in sustainable and economic oil production. 

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