The move to laterals has the Permian Basin turning the bit in earnest, but not every driller is finished with the traditional vertical well. When Jim Henry stood up at a networking meeting in Midland recently and commented that his company, Henry Resources, will start using some horizontal rigs, everyone knew the world had changed. […]
Drilling Efficiency
Drilling efficiency is the phrase on everyone’s lips, as the bar keeps getting set higher and higher. Industry observers weigh in on getting the most drilling done in the least time for the least money. Reducing drilling costs is an everyday topic in the oil patch and there is no simple answer. Is that site […]