Approximately 40% of Enerplus’s $760 million capital budget for 2014 will be dedicated to the Bakken and Three Forks. That’s about $304 million.
The company expects to grow production by more than 30% in North Dakota in 2014.
Enerplus 2013 Capital Expenditures in Bakken
~$308 million of capital spending was in North Dakota, with the majority invested at Fort Berthold. Approximately 70% of company spending in 2013 was directed to crude oil assets.