Chesapeake’s success with larger fracs, longer laterals and reduced cluster spacing in the Haynesville will lead the company to spend 20% of its $1.9-2.5 billion 2017 capital budget in the play. These efforts have changed the Haynesville economics, the company says, targeting returns of 70% going forward on 10,000-ft-lateral wells that are completed with 3,000-5,000 lb of proppant per foot. A recent well in Caddo Parish, Louisiana, the ROTC 1H, flowed 40.0 MMcf/d after......
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