Operators are relying more and more on horizontal drilling to unlock the Permian region’s shale and tight oil resources in West Texas and eastern New Mexico. This is particularly the case in the Delaware Basin, where operators are developing the Bone Spring and Wolfcamp formations, primarily through horizontal drilling techniques.
This presentation will begin with a brief overview of the state of Permian region's unconventional activity in the province’s two main basins (i.e., the Midland and Delaware Basins), and then present information on how operators are approaching the task of drilling and completing wells in the Delaware Basin.
The presentation will examine:
a) The geographical areas of the Delaware Basin in which operators are focusing their efforts,
b) How key completion parameters (e.g. lateral length, proppant use) are evolving over time,
c) What levels of initial production rates operators are achieving,
d) What these initial production rates tell us about the economics of unconventional development, given current well costs.
Registration & Walk-ins
All attendees are encouraged to register and pay online for this event. This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster. Walk-in space is available on a seat limited basis at a fee $5 more than the on-line registration fee.