Drilling efficiencies

U.S. oil production to hit record amidst declining costs, drilling efficiencies, Macquarie predicts

March 26, 2024

World Oil (Bloomberg) – U.S. oil production is set to end the year at a record pace of about 14 MMbpd as falling costs and improved drilling efficiency overshadow subdued growth plans from publicly listed companies, Macquarie Group Ltd. analysts said in a note. Macquarie stood out among analysts last year with its projection of increased U.S. shale production and

Whiting Petroleum Continues Bakken Well Optimizations

October 29, 2015

30-Day Rates on New Pads Exceeding 1,000 BOEPD Oil and gas companies are focusing on efficiencies more than ever before, and Whiting Petroleum Corporation (ticker: WLL) continues to progress on its industry-leading acreage in the Williston Basin. Enhanced completions led to a quarter-over-quarter productivity increase of 44% in the Bakken/Three Forks play, the company said in its Q3’15 earnings release.

Marcellus, Utica Driving 85% of Shale Gas Growth Since 2012

July 28, 2015

Per well efficiencies up 2.6x in the Marcellus and 22.3x in the Utica since 2012 Increased productivity of natural gas wells in the Marcellus and Utica Shale basins is responsible for 85% of increased natural gas production in the United States since 2012, according to the Energy Information Administration (EIA). Natural gas from shale basins is now responsible for 56%

U.S. oil production to hit record amidst declining costs, drilling efficiencies, Macquarie predicts

Whiting Petroleum Continues Bakken Well Optimizations

Marcellus, Utica Driving 85% of Shale Gas Growth Since 2012

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