At one time I thought the mult-well pads would be the norm in future plays but recently I have not seen as many of these type pads as I would have expected.
However, there's a good explanation -- a multi-well pad (especially a 3-well or a 4-well) ties up a rig for a long time. They need to get their leases held by production, so they are moving as fast as they can to get the first well in, save their lease, and then they will eventually come back for multi-well pads.
But there's a good explanation. A 3-well or a 4-well pad ties up a rig for a long time. They need to save their leases by production, so they are moving as fast as they can, getting at least the first well in to save the lease. They will come back later with the multi-well pads.
You will notice there are more and more 2-well pads. This makes sense: one horizontal goes north; one goes south, saving leases in two adjacent spacing units.
Right now, it's all about moving as quickly as possible to save leases; 3- and 4-well pads ties the rig up too long under these circumstances.
Not ND, but one of many examples of the benefit of having oil companies and service companies in the area in time of need.
This is in NE PA.
anon 1
"The Bradford County Commissioners also thanked numerous companies and service organizations that have donated various products, manpower and funds in the release.
Today, Chesapeake Energy Corporation will be providing six front end loaders, six skid steers, and 42 tri-axle dump trucks to help clear and remove debris in Athens Borough, the release said.. They will be providing 10 roll-offs in Athens Township as well as several in Ulster with some truck and skid steers support.
Great Plains Oilfield Rentals, which is a subsidiary of Chesapeake Energy Corp., will be bringing their mobile cooker to provide food for 400 volunteers and workers and will be providing eight dumpsters and several tri-axles and other equipment and crews to assist in cleanup efforts in Terry Township.
Talisman Energy is assisting Rome Borough and Rome Township in the cleanup of the flood damage. Southwest has crews available and ready when needed."
Similar stories were told throughout western North Dakota during this past winter, only reversed. Local folks helped the oil companies get out to wells to shut them in when trucks couldn't get out to take away the oil.
There can be a lot of tension between oil companies and local folks during a boom, but when disaster strikes, it's amazing how fast folks are willing to help each other.
At one time I thought the mult-well pads would be the norm in future plays but recently I have not seen as many of these type pads as I would have expected.
ReplyDeleteI had the same thought: I expected more.
ReplyDeleteHowever, there's a good explanation -- a multi-well pad (especially a 3-well or a 4-well) ties up a rig for a long time. They need to get their leases held by production, so they are moving as fast as they can to get the first well in, save their lease, and then they will eventually come back for multi-well pads.
I thought the same thing: more multi-well pads.
ReplyDeleteBut there's a good explanation. A 3-well or a 4-well pad ties up a rig for a long time. They need to save their leases by production, so they are moving as fast as they can, getting at least the first well in to save the lease. They will come back later with the multi-well pads.
You will notice there are more and more 2-well pads. This makes sense: one horizontal goes north; one goes south, saving leases in two adjacent spacing units.
Right now, it's all about moving as quickly as possible to save leases; 3- and 4-well pads ties the rig up too long under these circumstances.
Not ND, but one of many examples of the benefit of having oil companies and service companies in the area in time of need.
ReplyDeleteThis is in NE PA.
anon 1
"The Bradford County Commissioners also thanked numerous companies and service organizations that have donated various products, manpower and funds in the release.
Today, Chesapeake Energy Corporation will be providing six front end loaders, six skid steers, and 42 tri-axle dump trucks to help clear and remove debris in Athens Borough, the release said.. They will be providing 10 roll-offs in Athens Township as well as several in Ulster with some truck and skid steers support.
Great Plains Oilfield Rentals, which is a subsidiary of Chesapeake Energy Corp., will be bringing their mobile cooker to provide food for 400 volunteers and workers and will be providing eight dumpsters and several tri-axles and other equipment and crews to assist in cleanup efforts in Terry Township.
Talisman Energy is assisting Rome Borough and Rome Township in the cleanup of the flood damage. Southwest has crews available and ready when needed."
http://thedailyreview.com/news/federal-disaster-declaration-will-assist-bradford-county-flood-victims-1.1203012
It's interesting you bring that up.
ReplyDeleteSimilar stories were told throughout western North Dakota during this past winter, only reversed. Local folks helped the oil companies get out to wells to shut them in when trucks couldn't get out to take away the oil.
There can be a lot of tension between oil companies and local folks during a boom, but when disaster strikes, it's amazing how fast folks are willing to help each other.