OAS - Hartstreet: Bakken Production Up Marathon Well Design Leads The Way
Marathon continues to improve unconventional completion design. This has translated to much better oil production per foot. Much of this improvement has occurred over the past two years, and it is now beginning to ramp up its usage. We are seeing the majority of MRO locations using large volumes of sand and fluids. We think this improvement has provided a buying opportunity, as many of the better operators hone its well design and increase production.
A bullish oil environment has supported US production, and increased activity across US Oil plays. We continue to see the