High-intensity completions are contributing to higher oil production in the Anadarko Basin, where Encana Corp.’s cube development model is bringing down well costs and improving cycle times, executives said Oct. 31.

The company said third-quarter 2019 production in the Anadarko Basin, home of the Scoop/Stack plays, increased to an average 162,000 barrels of oil equivalent per day (boe/d). Further, Stack pacesetter well costs dropped to less than $6 million and cycle times fell to 90 days.

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