Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.
Midcontinent E&P companies reduce well intensity to generate economic returns.
While oil and gas operators reduce active cycle time in drilling days or completions, future gains will be captured by reducing total cycle time.
Cyclic gas injection as a form of EOR is producing 80% to 100% gains in incremental oil in the Eagle Ford Shale.
Tough times forecast for oil service providers.
Our Completions Chart looks at well completions in major North American unconventional plays by operator. The number of wells reported is sorted by play and by operator, and there is a tab that summarizes all plays by operators.
Overall news is mixed as challenging formational issues bedevil E&P efforts to create another Austin Chalk revival.
Experimental nuclear detonations 50 years ago served as early day precursors to the horizontal drilling and multistage fracture stimulation methodology that has boosted U.S. natural gas supply to levels well beyond domestic consumption.
Long overshadowed by the Delaware Basin Bone Spring and Wolfcamp plays, a reviving Yeso marks the return of Northwest Shelf credibility.
Fewer wells and wider spacing are likely for tight formation development.
