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The Midstream Factor: Existing Infrastructure Key to Future Activity

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The Midstream Factor: Existing Infrastructure Key to Future Activity

At the Johnson Rice 2015 Energy Conference, the value of easy access to midstream infrastructure was emphasized by numerous operators including Noble Energy Inc. and Memorial Resource Development Corp.

While enhanced completions contribute to cost savings, the midstream environment in a given play is emerging as a key factor for E&Ps when choosing where to invest time and money in 4Q15 and into 2016.

Noble Energy Inc.

Noble Energy Chairman, President and CEO David L. Stover noted that it is leveraging existing infrastructure in the Niobrara, which supports operational growth.

Also contributing to growth its Noble's completion optimizations:

Slickwater fracs saving $4,000 per well (15% lower well costs) Drilling days on XRL wells averaging seven days Average lateral of 6,400' (want to…
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