After years of downspacing, E&P companies in the Permian Basin have started to pursue wider well spacing to resolve certain operational issues and boost returns.

Operators in the Midland Basin, in particular, have adopted various practices and wider well spacing developments to focus on free cash flow generation over the past 18 months, engineering analysts with Enverus said during a recent webinar focused on calculating optimal well spacing.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access