Pad Drilling Upside
We have updated our pad drilling data for 1H18, processed July spud counts / rig efficiency data, and down-loaded permit data through August 10. Most notable to us has been the step-up in the number of wells being drilled on pads, particularly for large E&Ps in the Delaware Basin (now drilling 25% of their wells on BIG pads > 4 wells). Separately, we are keeping a close eye on permit data for privates E&Ps in the Permian which has been notably weaker in recent months.
For access to the full report visit: https://corasresearch.com/coras-trends/
Sorry, the comment form is closed at this time.