ShaleTech: Bakken-Three Forks shale

Throughout the second quarter, the operator ran three rigs in its 615,000-net-acre leasehold, which as of now, will be reduced to two rigs in the third quarter. “We’re going to be guided by capital discipline and financial returns, and that’s why we’ve said that $60/bbl is our price that we will focus on where we start ramping up Bakken activity,” said CEO John Hess.

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