EOG Resources uses the term “Super Zippers” to describe an advanced drilling and completion technique that they have developed and refined. This technique involves simultaneously drilling and completing multiple wells in close proximity, often using zipper fracs—where fracking stages are alternated between wells. This method is designed to enhance operational efficiency, reduce costs, and improve overall well productivity.
The “Super Zipper” technique typically involves:
- Simultaneous Operations: Drilling and completing multiple wells at the same time, which allows for continuous operations and minimizes downtime.
- Increased Efficiency: By using shared resources such as rigs, crews, and equipment across multiple wells, EOG can reduce the time and costs associated with each well.
- Optimized Fracturing: The technique allows for better control of the fracking process, optimizing the placement of fractures and improving hydrocarbon recovery.
- Cost Reduction: By streamlining operations and reducing time spent on individual wells, EOG can achieve significant cost savings, which is particularly important in low-price environments.
- Improved Well Performance: The strategic placement of fractures and the ability to maintain consistent operations lead to enhanced well productivity and higher recovery rates.
This approach has become a key component of EOG’s strategy to maximize the value of its assets, particularly in shale plays like the Permian Basin, where the company has a significant presence. The “Super Zipper” technique helps EOG remain competitive by driving down costs and improving the economics of their drilling programs.