Permian Terms

well productivity

 capitally efficient program

cycle times 

feet drilled per 

per lateral foot 

Megapad

full section development

factory 

double premium standard 

single spread of pressure pumping equipment

well spacing

Completion design

cycle times

Capital Efficiencies 

simul-frac/twin frac

top-tier

advancements

optimizations

coring up acreage

In the oil and gas industry, a closed-loop system is an advanced method of managing drilling fluids and cuttings to minimize environmental impact. Instead of discharging these materials on the site, a closed-loop system recirculates them within the drilling process. Here’s how it works:

High-pressure flaring in the Permian Basin

drilling and completion costs per foot

batch drilling techniques

horseshoe well