Drilling and completion improvements support Permian Basin hydrocarbon production average lateral length per well in the Delaware and Midland basin

The Permian Basin, which spans western Texas and eastern New Mexico, represents the most prolific hydrocarbon production region in the United States. They accounted for about 30% of U.S. crude oil production and 14% of U.S. natural gas production (measured as gross withdrawals) in 2020. Technology innovations, such as longer lateral wells and multi-well pad …

The post Drilling and completion improvements support Permian Basin hydrocarbon production average lateral length per well in the Delaware...

https://www.hellenicshippingnews.com/drilling-and-completion-improvements-support-permian-basin-hydrocarbon-production-average-lateral-length-per-well-in-the-delaware-and-midland-basin-2/