In South Texas, There’s a Refrac Party in Full Swing
When ConocoPhillips acquired Marathon Petroleum back in May, the $22.5 billion deal crowned COP the largest producer in the Eagle Ford with combined assets of 490,000 net acres, 400 MBOED, and 1,000 new drilling locations. The purchase also added more refrac inventory using COP’s own techniques already at work across its South Texas position....
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