Oxy: Well Permits and Drilling Activity in Block 36T3S – A total of 71 well permits have been issued, with 29 wells drilled so far, reflecting a 40.85% activity rate. NorAm 34, Citadel 1, and Citadel 5 are the most active drilling contractors, making them key targets for service providers. The primary drilling activity is in Glasscock County, TX, near Midland, with horizontal drilling dominating all permits issued.
Key Findings
Total Well Permits Issued
A total of 71 well permits have been issued, reflecting significant drilling interest in the region.
Wells Drilled vs. Permits Issued
Out of the total permits, 29 wells have been drilled so far, indicating an activity rate of approximately 40.85%. Understanding the gap between issued permits and actual drilling activity can help service providers optimize their sales strategies.
Top Drilling Contractors
The most active drilling contractors in the dataset include:
- NorAm 34 – 7 wells
- Citadel 1 – 5 wells
- Citadel 5 – 4 wells
These contractors are leading drilling activity in the region, making them key players for potential business opportunities.
Drilling Operation Breakdown
- Horizontal Drilling: 71 Permits
Geospatial Analysis and Geofence (See Map)
A geofence was created around the well permit locations in Block 36T3S with a radius of 3 miles. The region lies approximately 23.5 miles from Midland, TX, a central hub for oil and gas operations.
Leases and County Insights
- The dataset includes wells under 19 unique leases, providing a diverse range of project locations.
- The primary county of activity is Glasscock County, TX, reinforcing the region’s importance in oil and gas development.
Conclusion
This analysis offers valuable insights into drilling activity, contractor involvement, well design, and geospatial factors affecting operations. By leveraging this data, oil and gas service providers can better align their sales strategies with market demand.
