I need to get an estimate of the number of wells that can be installed within an area. Is there a tool that will generate and populate a point feature class with points evenly distributed within a selected polygon feature that are spaced a determined distance i.e 50'? I'm thinking of something similar to the ARRAY command in AutoCAD.
Have a look of the Create Fishnet tool. you can get evenly spaced points. Then you can use Spatial Join tool to see how many points are 'CONTAINED' by each polygon.
Another approach is to convert the feature class to raster using your separation distance at the cell size and the extent set to your polygon(s), then convert back to points -- then run the spatial join.