Exploration & Production | Top Story
SandRidge Prototyping Three New Pad Drilling Techniques
Print
|
SandRidge Energy has detailed their latest improvements in operations in the Mid-Continent. After divesting of GoM assets, the company is primarily focused on this area, with 29 rigs in operation.
The company provided overall acreage, as well as EUR's for different areas within the Mississippian:
Enlarge Image
Enlarge Image
Sandridge has kept their capital development budget flat, and D&C costs are starting to flatten out down to $3 MM. The company has made use of innovations in pad drilling techniques and wellsite design to realize this lower cost per well. The company is testing several different methods of pad drilling currently.
Enlarge Image
Enlarge Image
Type curves for the Mississippian seem very slightly higher than projected for gas and on target for oil development.
Enlar…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations