Management says their first spread paid for its self in one year and by adding the second spread they will be able to frac 50% to 60% of the wells they drill by the end of 2014 with a savings of approx. $400,000 per well. Oasis brought approx. 135 wells into production in 2013 and plan to drill over 2000 in 2014.
My ERROR 2000 wells should be over 200 wells