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To: thackney; bestintxas; Kennard

fyi
an interesting thing to note is the growth in average productivity per well.


2 posted on 05/29/2014 10:05:15 AM PDT by ckilmer
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To: ckilmer
growth in average productivity per well

I would expect that to be greatly influenced by more horizontal wells. As more wells have horizontal laterals, the average well has more borehole length in the producing zone.

However, at the same time, the decline rate from older wells is increasing in those same fields as well. This is shown in the legacy production charts from the same source.

http://www.eia.gov/petroleum/drilling/pdf/dpr-full.pdf

4 posted on 05/29/2014 12:26:46 PM PDT by thackney (life is fragile, handle with prayer)
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