Post Tagged with: "fraclog"

Source: World Oil

Permian explorers drill deep into fraclog, leaving shelves bare

World Oil

(Bloomberg) — Shale explorers in the Permian Basin chewed further into their supply of ready-made wells for a 20th straight month, leaving the smallest inventory of low-cost wells in the biggest U.S. oil field in more than half …

Reasons for Not Completing a Well

Reasons for Not Completing a Well

Drilling but not completing wells–why is it done?

The uncertainty of the last year and a half surrounding the oil and gas industry has given rise to a multitude of different rationales about industry practices. Rig counts have been dissected, …