Meridian Oil finds success with horizontal wells
Journal Article
·
· Petroleum Engineer International; (USA)
OSTI ID:6934637
This article discusses how Meridian Oil is proving that a U.S.-based independent can make horizontal drilling and production a viable alternative for economically producing hard-to-recover reserves. The company has 43 horizontal wells drilled in North Dakota, Montana, South Dakota, Alabama, Oklahoma, New Mexico, and Texas. Meridian's success is attributed to several factors. First, from a technology standpoint, Meridian has had a 100% success rate in mechanically drilling its horizontal wells. Second, Meridan's managerial approach has allowed decisions about the drilling and completion program to be made quickly and, in many cases, right at the well site. This combination has allowed drilling costs to drop dramatically since the company's initial horizontal well.
- OSTI ID:
- 6934637
- Journal Information:
- Petroleum Engineer International; (USA), Journal Name: Petroleum Engineer International; (USA) Vol. 61:11; ISSN 0031-6466; ISSN PEEID
- Country of Publication:
- United States
- Language:
- English
Similar Records
Worldwide experience shows horizontal well success
Oil producing industry in your state: 1976 edition
Survey shows successes, failures of horizontal wells
Journal Article
·
Tue Feb 28 23:00:00 EST 1989
· World Oil; (United States)
·
OSTI ID:6229191
Oil producing industry in your state: 1976 edition
Book
·
Wed Dec 31 23:00:00 EST 1975
·
OSTI ID:7092161
Survey shows successes, failures of horizontal wells
Journal Article
·
Mon Jun 19 00:00:00 EDT 1995
· Oil and Gas Journal
·
OSTI ID:69950