Small Play, Big Wells: Permian Basin’s Horizontal Eastern Shelf | Hart Energy

(Source: Venado Energy Inc.)

By

Nissa

Darbonne

Oil and Gas Investor

Mon, 09/28/2020 - 04:30 AM

When Thunder Valley 2-1H was completed in Scurry County, Texas, on the Permian Basin’s Eastern Shelf in September of 2016, there were five rigs drilling in the county, according to Enverus data.

That was up from one just a few months earlier and down from 28 in the summer of 2014.

With an intriguing new conventional, horizontal play demonstrated by Thunder’s operator, Three Span Oil & Gas Inc., the count grew—totaling 10 this past winter. The count fell again to just one in July, but producers with leasehold for this hot spot of prolific Strawn section are planning to get back to work.

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Nissa Darbonne

Nissa Darbonne is author of The American Shales and has been a journalist since 1984, beginning in the oil and gas fields of South Louisiana. She writes for Oil and Gas Investor and is actively involved in Hart's conference agendas.

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