In Saskatchewan the 4 things which make the Bakken play economic are:
1. a tight, thick, widespread formation which is oil bearing.
2. increase in commodity price i.e. oil
3. improved technology in getting the oil out i.e. staged fracs in hz wells.
4. a royalty system which allows companies to get their investment back in a hurry.
One should not downplay the importance of the royalty sytem - without it, I believe the Bakken play would be much less attractive.
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