An oil and gas drilling program refers to a comprehensive plan that outlines the various technical and operational aspects of drilling a well to extract oil or gas from underground reservoirs.
Drilling Rig Personal
Pioneer Natural Resources Drilling Recovery at 60% – download well & spud reports
The chart below shows the wells drilled by Pioneer Natural Resources since 2016. We saw a drilling recovery start to happen in Sept 2020. If we compare the last 90 days vs the same period as last year drilling recovery Pioneer is at 60% of wells drilled.
Tamarack Valley Energy announces preliminary 2021 guidance Dec 15 2020 – GFI Solutions
Tamarack Valley Energy announces strategic Clearwater oil acquisitions, $47 million equity financing and preliminary 2021 guidance
Rig Report Mid Continent (TX, OK,NM,LA) Dec 11 – Predator
Drilling rigs last 30 days Texas, New Mexico, Louisiana, Oklahoma
Canadian Natural Resources Limited announces 2021 budget Dec 10 – Transcourt
CNRL 2021 capital budget
Whitecap And TORC Announce Strategic Combination Creating a Leading Sustainable Light Oil Focused Company Dec 9 2020 – GFI Solutions
Torc Whitecap Merger
Athabasca Oil adopts lower 2021 budget Dec 3 2020 – Transcourt
Athabasca Oil Corp. 2021 capital budget
Baytex announces 2021 Budget Dec 2 2020 – GFI Solutions
Baytex 2020 capital budget
Obsidian Energy announces winter 2020 drilling program Nov 29 2020 – GFI Solutions
Obsidian 2020 drilling program
North American Drilling – U Shape Recession
Texas Wells Spud – the chart shows the wells spud and the average (mean) in Texas since covid. We are seeing a recovery the is U-shaped recession this is longer than a V-shaped drilling recession and has a less-clearly defined trough. Drilling may shrink for several quarters, and only slowly…
