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  • Support SB2344
  • Learn About the Bakken
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  • According to a new report from the U.S. Energy Information Administration, the Bakken formation has the lowest average drilling and completion costs in the country.

    Even with Bakken wells drilling deeper than other parts of the country, the price of drilling and completing a well is cheapest in the Bakken.

    Ron Ness, North Dakota Petroleum Council President, says “As the efficiency and productivity have gone up in the wells that are being drilled and are being completed, of course we moved into the core area, that helps, but even in those core areas you’ve seen better wells. That looks good going forward.”