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Laredo's Permian Cline Efficiencies Cut Drill Times, Well Cost

Laredo Petroleum has detailed the latest improvements in drill times and completion design across its Permian properties, particularly the Cline.



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Top  Operators ( Jan 1, 2016 - Jun 25, 2016)

Laredo Petroleum Inc. ( 33 )   

Parsley Energy Inc. ( 31 )   

Pioneer Natural Resources Co. ( 27 )   

Crownquest Operating, Llc. ( 22 )   

American Energy Partners ( 22 )   

Surge Operating, LLC ( 20 )

Diamondback Energy, Inc. ( 19 )

Kinder Morgan Production Company Lp ( 19 )

 Drilling Permits Trends ( Jan 2015 - Jun 2016)

Drilling Permits ( May 26, 2016 - June 25, 2016)
Date Approved Company county Lease Well# Well type Field/Zone
06-16-2016 Tall City Brine Howard Big Spring Brine 1 Varel ( San Andres )
06-16-2016 JPM EOC OPERATING, INC. Howard Tackleberry 43-42 A 1ls Spraberry ( Trend Area )
06-16-2016 Parsley Energy Inc. Reagan Paige 13 And 12 4302h Unknown At This Time
06-15-2016 Surge Operating, LLC Howard Hots Unit 34 4ah Spraberry ( Trend Area )
06-14-2016 Purvis Operating Co Mitchell Whiteface 36 5 Westbrook ( East St Clear Fork )
06-13-2016 Encana Corporation Howard Huitt 35 3502a Sta ( Atoka )
06-10-2016 Strand Energy Lc Sterling Mcentire B 1271 Mcentire ( Fusselman )
06-09-2016 Surge Operating, LLC Howard Shroyer-wilson Unit `a` 23-14 4ah Spraberry ( Trend Area )
06-09-2016 Surge Operating, LLC Howard Fgr 27 8ah Spraberry ( Trend Area )
06-07-2016 Kinder Morgan Production Company Lp Scurry Sacroc Unit 183-2a Kelly-snyder ( )


Cline Shale Overview



What is the Cline Shale?

The Cline Shale an emerging unconventional resource play on the eastern flank of the Midland basin that runs 140 miles north to south and is 70 miles wide, including portions of Coke, Fisher, Glasscock, Howard, Irion, Nolan, Mitchell, Scurry and Sterling counties. 

The Pennsylvanian-age play, which is largely targeted for its oil and natural gas liquids (NGL) potential, is found between 9,000-9,500 feet and is 200-350 feet thick. Initial estimates indicate the Cline…

 Cline Shale Map



Latest Midstream Projects
Project Name Completion date Capacity (MBOPD)
Cline Shale Pipeline System  - -
Total   -
 Click Here to More Projects

  Cline Shale - Mergers & Acquisitions

Announce DateHeadlineBuyerSellerValue $MMType
06/09/2014 Victory Energy Closes Sale of Working Interest in Glasscock County $4 Property
04/30/2014 EQT, Range Resources Finalize Permian, Marcellus Asset Exchange $145 Property
01/24/2014 Athlon Energy Acquires Midland Basin Assets For $88 million $88 Property
11/04/2012 Three Rivers Acquires Permian - Midland Asset --- Property
08/01/2012 Devon Energy Announces $1.4 Billion Wolfcamp and Cline JV $1,400 JV
05/13/2012 Concho Resources Inc. to Acquire Oil & Gas Assets in the Permian Basin $1,000 M&A
06/16/2011 Laredo Petroleum To Acquire Cline Shale Acreage Holder Broad Oak Energy $1,000 M&A
 
Cline Shale Strats, Maps, Type Logs and More
Permian Basin - Mutliple Pay Zone
Wolfcamp and Cline Zones
Geology
Cline and Wolfcamp View