U.S. HORIZONTAL WELLS SHOW VARIED PRODUCTION PERFORMANCE

Production performance analysis indicates that the Austin chalk trend is the only area in the U.S. with a significant amount of successful horizontal wells. Results in other areas have been highly variable and even within the sizable Austin chalk trend, some wells have not found sufficient reserves to always make horizontal drilling profitable. Rapid return of investment because of high initial production rates, ability to implement economies of scale, and the realization of statistical averages with multiple well programs are the driving force behind horizontal drilling in the Austin chalk trend.

  • Availability:
  • Corporate Authors:

    PennWell Publishing Company

    1421 South Sheridan, P.O. Box 1260
    Tulsa, OK  United States  74101
  • Authors:
    • Swindell, G S
  • Publication Date: 1996-3-25

Language

  • English

Media Info

  • Pagination: p. 66-69
  • Serial:
    • Oil and Gas Journal
    • Volume: 94
    • Issue Number: 13
    • Publisher: PennWell Publishing Company
    • ISSN: 0030-1388

Subject/Index Terms

Filing Info

  • Accession Number: 00721189
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 6 1996 12:00AM