D-J VALUES TREND UP

摘要

Over the past five years, the Denver-Julesburg (D-J) Basin has transformed from an industry afterthought into one of the most successful and active plays in North America. Rig counts have risen from near zero in 2009 to 53 horizontal rigs operating today. Operators have transitioned from drilling up to 32 vertical wells per section to planning for up to 32 horizontal wells per section. And drilling and completion investments have skyrocketed beyond $100 million per section in some areas, with acreage costs rising dramatically alongside.