Sentences with phrase «drilling locations»

"Drilling locations" refers to the specific areas or spots where oil, gas, or other resources are found underground and where companies drill wells to extract these resources. Full definition
As of year - end 2016, the Company estimates that it has 1,800 gross horizontal future drilling locations in the Wattenberg Field.
The Permian Basin, which straddles Texas and New Mexico, continues to be one of the most prolific drilling locations in the country.
PDC's primary focus continues to be on developing its approximately 2,600 horizontal drilling locations as of year - end 2016 in the Core Wattenberg Field located in Colorado and in its Delaware Basin assets in West Texas.
That deal more than doubled Exxon's resource position to 6 billion BOE, giving it control of an extensive inventory of low - cost drilling locations that it can tap in the years ahead to grow output in an improving oil market.
Overall, the company has 19,000 future drilling locations across the Basin, which it estimates could help it unlock more than 8 billion barrels of oil equivalent resources.
In addition, the assets have development upside on the ~ 29,000 gross acres with booked proven undeveloped and probable drilling locations with multi-zone potential in the Mannville, Cardium and Duvernay shale.
As of December 31, 2016, the Company had identified more than 7,000 potential short - lateral - equivalent drilling locations in the Wolfcamp formation that are expected to provide substantial opportunity for Anadarko's future activity in the basin.
The rover is fitted with cameras, optical sensors and ground penetrating radar data which will enable scientists to determine suitable drilling locations.
The next step is to survey the identified drill sites to measure the ice thickness and temperature at the bottom of the ice sheet before selecting a final drill location.
Very important were the ALARP risk management requirements for a near drilling location blowout preventer capping stack, and relief well drilling unit.
Stayed on drilling location to take samples of the drill cuttings while entering information into computer systems and reporting to company geologists and on site supervisors
Positioning of Mobile Drilling Rigs onto proposed drilling locations using real time MRDGPS corrected positioning system.
Across these areas, 425 future drilling locations are in the Wolfcamp A, 255 are in the Wolfcamp B, and 105 are in the Wolfcamp C.
The Company has identified over 4,000 gross horizontal drilling locations, at least half of which it expects to operate.
These drilling locations are in Alta Mesa's primary target formations comprised of the Osage, Meramec and Oswego.
The foundation of that plan is the inventory of more than 10,000 future drilling locations that it put together that can generate a minimum of a 35 % after - tax return at $ 50 oil.
It operates approximately 1,164 drilling locations.
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