Midland Basin
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The principles behind unconventional wells lead to production profiles very different from conventional wells. High initial-production rates drop to much lower rates in a matter of months or a few years. How many in the US are currently considered low-production-rate wells?
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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The obsession with better hydraulic fracturing has steadily pushed on shale production in year one, but the decline remains steep. Chemistry could help explain, and perhaps extend, the short productive life of these wells.
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The complete paper reviews the history of enhanced oil recovery and the Scurry Area Canyon Reef Operators Committee, discusses changes in theory over time, and provides a look at the field’s future.
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Pioneer Natural Resources is moving to complete its second major acquisition of another shale producer in less than 6 months.
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Wellbore tortuosity is a term that has steadily increased in relevance to the oil and gas industry over the past decade, but its importance is especially clear in the current environment.
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The move will bolster Austin-based Parsley’s holdings in the Delaware Basin, giving it a contiguous 120,000 net acres opposite of its original Midland Basin focus area.
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The deal sees H2O Midstream increase its produced water gathering network to more than 435,000 B/D of disposal capacity and 190 total miles of pipeline. The Permian water midstream company will add more than 40,000 B/D of recycling capacity with the option to double that capacity over time.
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Houston-based Surge Energy drilled the Medusa Unit C 28-09 3AH well in the Midland Basin to a TMD of 24,592 ft, with a total horizontal displacement of 17,935 ft, or 3.4 miles.
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The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.