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US E&P Chord Drills Longer Laterals to Lower Shale Breakevens

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Chord Energy, one of the top oil and gas producers in the Bakken tight oil play of North Dakota and Montana, says longer horizontal wells are playing an important role in replenishing its inventory of drilling locations that are profitable at oil prices below $60 per barrel.

Topics:
Shale, Oil Prices, Oil Supply, Corporate Strategy, Earnings
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