horizontal drilling
2 statements across 1 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jan 20, 2025 by Jay McLean · across every show →
Everything said about horizontal drilling, oldest first
Jan 20, 2025 positive
McLean: Permian Shift to Horizontal Drilling Yielded 3x Capital Productivity Uplift
“And it also prompted an acceleration of a big industry shift in the Permian Basin from the vertical drilling, which we had been doing since our founding in 2007 to horizontal drilling, which proved to be effectively a three X uplift in the productivity of the …”
Jan 20, 2025 negative
Farber: Early one-off horizontal drilling boosted short-term output but damaged ultimate recoveries
“One of the ways that a lot of our peers adopted was when horizontal drilling was quite early, before we had really refined the well design and the fracking methodology, people went and drilled a lot of one-off horizontals in virgin acreage on drilling units th…”