Cube optimization was a popular development strategy in recent years, with the multizone developments and huge numbers of wells per section justifying soaring acreage valuations. With WTI nearing $70, operators are thinking carefully about cube developments again, with a focus on maximizing free cash flow and not leaving inventory on the table.
this open discussion, Novi experts take a dive into
- What levers do oil and gas operators have to make it work today?
- What are the challenges in planning a cube?
- What does the future of cube planning look like?
You can also gain more insight on this hot topic in one of our latest blogs on Oil & Gas Cube Development: How Dense is Too Dense?