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Tag Archives: Magna Bures Oil

The 75K Well Drilling Profits in the Illinois Basin

Recently the Bakken recorded record crude oil and natural gas output numbers.  The Permian is red hot too.  These shale plays have crews setting up, tearing down well sites.  In the Bakken, for example, well costs are in the $7-8M range, quite a reduction from the $12M in 2014. But there are a few oil fields not receiving headlines or ...

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