Williston Basin

The deal with XTO Energy adds about 62,000 net acres to Chord’s inventory.

The combined company will control almost 1 million acres in the Williston Basin and daily production over 165,000 BOE/D.

Oasis Petroleum announced this week that it is acquiring the position from Diamondback Energy.

Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins.

Drilling and completion expenditure and activity is projected to show multiyear double-digit growth from 2018–2022 despite a flattening of rig count increases.

This paper reports the completion of a two-lateral well in the Williston basin where produced water (PW), filtered but otherwise untreated, was used throughout the slickwater and crosslinked components of approximately 60 hydraulic-fracturing stages.

With the surge in activity in the Williston basin, the ability to optimize completions has mainly been an expensive trial-and-error system.

Over the years, hybrid systems have been installed in horizontal wellbores to increase the number of compartmental sections for hydraulic fracturing because of the limitations of ball-actuated fracture sleeves. Experimenting with hybrid systems provides operators with the ability to optimize spacing of fracture stages along the horizontal section when sleeve technolog…