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U.S. horizontal wells show varied production performance

Journal Article · · Oil and Gas Journal
OSTI ID:211898
 [1]
  1. Swindell (Gary S.), Dallas, TX (United States)
Production performance analysis indicates that the Austin chalk trend is the only area in the US 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. A considerable number of articles and papers have discussed horizontal drilling, but the focus has been on the hardware and drilling side of the technology. Relatively little has been published on the reserves found. This paper attempts this correlation.
OSTI ID:
211898
Journal Information:
Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 13 Vol. 94; ISSN OIGJAV; ISSN 0030-1388
Country of Publication:
United States
Language:
English

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