Tuesday, September 23, 2014

Manufacturing Phase -- Full-Field Development -- September 23, 2014

It is interesting how things work out. Some time ago we started talking about the "manufacturing phase" in the Bakken, but never went much beyond that stage. I was subconsciously following the development of various fields but not really thinking about it as a singular concept, as it were.

Then, out of the blue, Jane Smith asks what appears to be a simple question; coincidentally another reader talks about the progress of some pad drilling he noted in Vern Whitten's photographs, and before you know it, we are off and running.

I have a new tag at the bottom of the blog, "Field_Development" and I also put the link at the sidebar at the right, making it easier for me to find it. That link will take you to a location where I will try to aggregate these stories, if I remember.

Field development can probably be broken down into at least two components: a) operational constraints of pad drilling; and, b) administrative management (unitization, for example).

This has been a great two days with regard to developments in the Bakken. First, there is the issue of fracking (wells waiting to be fracked, shares of CRR plummeting, new completion studies); and, second, the discussion of field development.

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