Great Bear said in its amendment that its exploration and evaluation program "is designed to recover critical information, including the amount of oil and gas saturation found in the rock formations; the mechanics of the rock formations and their reaction to methods of hydraulic fracturing; initial production rates following fracturing; and how rapidly those production rates decline in order to develop a type curve to determine estimated ultimate recovery (EUR) on a per well basis as well as for the play."That type curve, the company said, will be an important element in determining the commercial viability of the play.
North Slope Development Details Revealed
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