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"MYTH" BUSTER NO. 19
For each basin, a lateral length efficiency curve is created using the relative performance degradation for increasing well lengths when comparing against the results from wells with 5,000 ft. This study reveals that increasing well lengths does not result in proportionate production gains. In fact, in some basins a 2-mile-long lateral only produces 85% of the normalized production of 1-mile-long laterals. We also find that the size of the completions job can influence the shape of the lateral length efficiency curve. Novi
Stuff To Think About
$2.70 Natty !!
Quote Stuff
The (Permian) basin was also expected to increase natural gas production next month, rising by 466 million cubic feet per day in February to a total of 21.7 billion cubic feet per day, making the region the second-largest gas-producing basin in the U.S.,
according to the EIA report.
Video Stuff
From
The History of Oil Well Firefighting & Blowout Control
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