General Mtg: Light, Tight Oil in the Permian Delaware Basin: Recent Developments
ABSTRACT
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.
MENU
MIXED GREENS SALAD
ROASTED TOP SIRLOIN
ICE CREAM PECAN BALL
If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the " Comments" section during the registration process.
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.
Parking for this event
The Petroleum Club provides valet parking service on the Milam Street side of the EXXON-MOBIL Building for a fee of $7. Enter the valet parking ramp from the Milam Street side of the building. Parking on the street around the EXXON-MOBIL Building is also possible - pay at parking meters located on each block. Parking is also available at public parking lots in the area for a fee in the $6 - 8 range. However, due to the loss of other nearby surface lots in recent months (due to construction of new buildings), the lots across from the EXXON-MOBIL Building are sometimes full by mid-morning.
Location:
PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
Houston
,
Texas 77002