Drilling & Completions | Rig Count | Drilling Program - Wells | Drilling Contractor
Synergy to Maintain Two Rigs DJ Basin; Talks Pad Drilling
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Synergy has reported an operations update and pad drilling details.
DrillingSynergy continues to operate two drilling rigs and expects to utilize the rigs throughout 2017. In late 2016 the Company entered into a 1-year term contract for one of the rigs and will maintain the second rig on a pad-to-pad basis. The decision to term out one rig was based on the quality of the rig and management's goal to de-risk continuity of operations.
CompletionStimulation operations on the first tranche of six long-reach lateral (LRL) wells on the Evans East Pad have been completed and frac plugs are currently being drilled out with flowback to follow. Stimulation operations for the next tranche of six wells has commenced on the Evans West Pad. All six are extended-reach lateral (XRL) wells. Completion…
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