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Four Companies to Drill, Complete 1350 Permian Wells In 2015
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Laredo Petroleum
Laredo petroleum is running 4 rigs and drilling 60 wells in the Permian Basin, 30 horizontal and 30 vertical.
The Company expects to operate the equivalent of approximately 2.5 horizontal rigs and 1.5 vertical rigs on its Permian-Garden City acreage in 2015 and anticipates drilling 25-30 gross horizontal wells and approximately 30 gross vertical wells.
Permian: Since closing its acquisition of Athlon Energy Inc. (Athlon) in the fourth quarter of 2014, Encana has begun implementing the resource play hub approach in what is widely recognized as one of North America's top oil plays.
The asset includes a more than 10-year drilling inventory with up to 11…
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