We are tracking 160 Oil & Gas Operators that drilled 720 wells located in Texas, Oklahoma, New Mexico & Louisiana over the month over February.
Spudding is the process of beginning to drill a well in the oil and gas industry. … After the surface hole is completed, the main drill bit—which performs the task of drilling to the total depth—is inserted and this process can also be referred to as “spudding in.”
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Mid-continent oil field is a broad area containing hundreds of oil fields in Louisiana, New Mexico, Oklahoma and Texas.
Basins included in the spud report;
Austin Chalk 650-mile long geological formation, stretching underground from the Mexico-Texas border, through central Louisiana and into Mississippi.
Barnett Shale gas play refers to an extensive gas development project covering portions of at least 18 counties in the northeast portion of the Bend arch Fort Worth Basin in Texas.
Delaware Basin is a hydrocarbon rich sedimentary basin that lies within the Permian Basin. The Delaware Basin covers around 6.4 million acres in far West Texas and South Eastern New Mexico.
Eagle Ford in Texas is the most mature tight oil play in the Lower 48 current, oil and natural gas production of 2.5 million barrels of oil equivalent per day. Measuring 400 miles long and 50 miles wide along the Texas Gulf Coast
STACK play is located in the Anadarko Basin area of Oklahoma. STACK is derived from “Sooner Trend (oil field), Anadarko (basin), Canadian and Kingfisher (counties).”
Summary of wells drilled
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