Challenge

An operator working in the Midland Basin had been achieving mid-tier drilling performance overall but had been falling short in one key area. Their intermediate string operations were consistently the slowest when compared to similar offset operations.

They were drilling 1,400 feet per day, while top operators were achieving nearly 3,900 feet per day; and while they were using an average of 3.3 intermediate BHAs, the top-performing operator was averaging just one. H&P was tasked with delivering a solution to help the client reach its production potential.

Solution

To better understand the host of conditions affecting the operator’s performance, H&P performed a comprehensive evaluation of the flow rate, rate of penetration (ROP), and weight on bit (WOB) for both Midland and Martin counties when compared to offset competitors. It was determined that, by deploying

on 15 of the operator’s wells, an immediate increase in performance was achieved.

Footage per day jumped from 1,296 feet per day to 2,520 feet per day

Average operating time reduced from 4.78 days to just 2.46 days

Savings of 2.32 days and $116,000 on intermediate string operations

The optimized ROP and overall drilling performance achieved made them more competitive in the region.

_{^{Past performance is not a guarantee of future results. Any statements regarding past performance are not guarantees of future performance and actual results may differ materially. © 06/2021 HPCS008}}