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6 Pages

Will the horizontal Spraberry rival the Wolfcamp?


Will the horizontal Spraberry rival the Wolfcamp?

Report summary

The Permian-aged Spraberry is one the of earliest targeted formations in West Texas but more than seven decades of vertical drilling and EOR activity have only yielded modest production growth. Now, a select set of operators, who are able to identify and target favourable geologic zones, are revisiting the complex formation with horizontal wells and modern fracturing techniques to generate production growth that rivals their Wolfcamp positions. Permian pure players are not the only companies promoting the potential of the Spraberry. ExxonMobil has been steadily increasing its position in west Texas and specifically cited strong Lower Spraberry results as one of the drivers for recently acquiring an additional 48,000 Midland Basin acres in August 2015.

What's included?

This report includes 2 file(s)

  • Will the horizontal Spraberry rival the Wolfcamp? PDF - 2.15 MB 6 Pages, 1 Tables, 1 Figures
  • Spraberry Wolfcamp Comparison.xls XLS - 63.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Executive summary
  • Regional geology influences success
    • Geologic comparison of the Spraberry and Wolfcamp
  • Operator enthusiasm re-ignites drilling activity
  • Establishing scale will be challenging

In this report there are 2 tables or charts, including:

  • Executive summary
    • The most promising horizontal Spraberry wells are located in Midland, Martin and Howard Counties
  • Regional geology influences success
    • Will the horizontal Spraberry rival the Wolfcamp?: Table 1
  • Operator enthusiasm re-ignites drilling activity
  • Establishing scale will be challenging
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