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The flurry of merger and acquisition (M&A) activity over the last two years has changed the minerals landscape in the Permian Basin, along with most producing basins in the United States. Regarding the bolt-ons and consolidation of acreage, Lee noted that Ovintiv recently divested its Uinta Basin assets in order to buy others.
In this case, it was essential to commission the right team. It is essential in this case to have the right project people to oversee the logistics and coordination of the service in question. Operator planning processes and documentation are the elephants in the room. Two to four days were saved on each of the following wells.
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