Insight
ExxonMobil’s Delaware "cubes" raise the bar and underpin targets
Report summary
ExxonMobil’s 'cube' development strategy in the Delaware is unlike anything ever attempted in tight oil. Scale and speed are the primary differentiators, both in terms of total rig count, drilling times, and well density per section. Other E&Ps have tried similar spacing, but struggled. ExxonMobil's wells are young, but productivity results are overwhelmingly positive. All this despite some brewing cynicism to the competitions Wolfcamp and Bone Spring 'cube' projects.
Table of contents
- Executive summary
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Can a Major bring something new to the Permian?
- Has ExxonMobil cracked the downspacing code?
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Cross-sections and staggering
- Tight spacing must mean smaller wells, right?
- Shallower zones
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Economic benefits
- Rig movement and timing
- Competitive advantage
Tables and charts
This report includes 6 images and tables including:
What's included
This report contains:
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