Post Tagged with: "Drilling efficiencies"

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

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

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 …

Unit Corp. Drilling Program Offers Upside in the Midcontinent

Unit Corp. Drilling Program Offers Upside in the Midcontinent

Wilcox Horizontals Maintaining Rates 210 Days After First Production

Unit Corporation (ticker: UNT), a Tulsa-based exploration and production company with subsidiaries in midstream and contract drilling, provided additional detail on its premier oil and gas assets in its Q3’15 earnings

Whiting Petroleum Continues Bakken Well Optimizations

Whiting Petroleum Continues Bakken Well Optimizations

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 …

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

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

Per well efficiencies up 2.6x in the Marcellus and 22.3x in the Utica since 2012

EIA Marcellus and Utica Natgas Growth

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 …