As said before, there are valid reasons to delay completions(but not normally this quantity).
1. Awaiting reductions in vendors cost to complete
2. achieving efficiency in capital and created frac geometry by fraccing multiple wells simultaneously or back to back from same pad
3. delay in paying ad valorem taxes due to no reserves until completion occurs.
4. delay in hitting earnings with capital as it is held in suspension until oil begins flowing following completion
EOG is a leader in efficiency.
It will take them the rest of the year to complete these.
Sounds like the
R.O.I. of
E.R.M. for
E.O.G. in
N.D. is rather
H.U.G.E.?
“Fun with industry acronyms...”