Topic: Halliburton

Well Highlights from Permian, Marcellus, Midcon and Eagle Ford

Calyx Energy completes multiple 2-mile laterals in MidCon (2019-01-17) (2019-01-18) (2019-01-21) Tulsa, Oklahoma based Calyx Energy reported three completions in McIntosh, Oklahoma in late January. The latest Schrute Farm wells are drilled in a different county than Calyx Energy usually operates; the majority of past Calyx Energy wells have been drilled in the Hughes, Okfuskee and Payne counties. Thus far, initial production rates in McIntosh are significantly lower than those in other counties.Schrute Farms 1-16-28CH produced 358 MMcf of gas. It...

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Well Highlights IP & BOE

Hess, EOG, Equinor, and Hunt Oil Complete New Unconventional Wells

Hess Corporation in Williston (2019-01-08) A Williston well was completed by Hess Corporation in Williams county, North Dakota. The SC-TR Slette-153-98-1819H-6 was drilled to a measured depth of 21,350 ft with perforations from 11,435 ft to 21,350 ft. It flowed 3,334 bbl of oil, 6,176 MMcf of gas, and 3,358 bbl of water on January 10. Propping agents, acid, iron control, acid inhibitors, and hydraulic horsepower are provided by Keane Group. EOG in Karnes County (2019-01-11) and (2019-01-13) EOG completed two wells in...

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Crescent Point Completions

Well Highlights from Marcellus, Eagle Ford, & Williston

EQT completes 3 mile lateral well in Marcellus (2019-01-03) EQT reported two completions on a multiple well pad in Washington county, Pennsylvania. Haywood Mon110H24 and Haywood Mon110H25 were completed on January 3 and tested January 7. The H24 produced 15,565 MMcf of gas on its 38 stage lateral with a vertical depth of 7,332 ft. The H25 was drilled to 7,304 ft with a 129 stage 18,450 ft lateral length. Both wells use frac material provided by FTSI International, perforations by...

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Slawson Exploration Completions 2018

Well Highlights from Haynesville, Marcellus, & Williston

Slawson Exploration completes multiple 2 mile laterals in Williston (2018-12-25, 2018-12-26, 2018-12-27) Three wells were completed in late 2018 by subsidiary Slawson Exploration Company in Mountrail County, North Dakota. They are among the top five performing Slawson wells in a five mile radius in 2018. Production data is limited in this case since the three wells were completed in December. However, based on initial production the Torpedo Federal 6H, 7H, and 8H are among the company's top performing new wells in...

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Surge Energy, EOG Resources, and Antero Well Updates

Surge Energy completes Spraberry well (2018-03-10) Houston-based Surge Energy reported the completion of a horizontal well in the Spraberry Trend in Howard county, Texas. The Permian well produced 24-hour IP rates of 194 bbl of oil, 347 MMcf of gas and 926 bbl of water along its 7,028 ft lateral for a gas-oil ratio of 1788. Drilled to 7,432 ft, the Clark Unit B 24-13 62SH is equipped with a downhole actuation sleeve with a PSIG of 8856.   EOG Resources Completes 2-mile...

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New Well Highlights from Bakken, Marcellus, Anadarko, and Wolfcamp

Hunt Oil Completes 2-mile Lateral in Bakken (2018-07-24) Hunt Oil Company has completed a Bakken well, the AUSTIN 154-90-27-22H-1, in Mountrail county, North Dakota.The AUSTIN 154-90-27-22H-1 had an initial production rate of 1073 bbl of oil, 570 MMcf of gas, and 341 bbl of water. Drilled at a depth of 9,420-ft, the 10,509-ft lateral well completed with plug and perf system. Hunt Oil Company reported a max pressure of 7,073 PSI and max rate of 62 barrels per minute in its...

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Pressure Pumpers Fall Prey to Efficiency

Completion efficiencies in the Marcellus/Utica formations of the US Northeast have changed the perception of the mature gas basin. The implementation of longer laterals and increased proppant loading intensity have lowered production costs and raised production. However, pressure pumpers in the Appalachia are expecting a slow-down in the back half of 2018 due to operators reaching production targets sooner than expected given increased operational efficiencies.Recent data shows a 9% decline in Marcellus fleet utilization. In June, utilization totaled approximately 93%...

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The Sand Plateau, Cashless Profits, and More From Earnings Season

Key Trends:Pressure pumpers continue to see utilization rates rise for equipment while trying to keep up with the demand of hiring new crews. Operators hold plans steady during the quarter with some reducing CAPEX plans for the year due to lower than expected commodity prices. DUC count rises due to increased rig activity in the first half of the year as operators put a focus on drawing down inventory. Drillers continue to push for rig automation to reduce boots...

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