When it comes to generating free cash flow, finding optimal spacing dynamics between wells has the potential to add millions of dollars to the financial coffers of oil companies.

Though there is no magic number of steps—or rather feet—to take in each basin, given varying geologies and completion methods, the up-spacing trend that surfaced a few years ago appears to have taken root in the Permian Basin for some operators, according to Bernadette Johnson, vice president of strategic analytics for Enverus.

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