Consolidating acreage


22-Jun-2017 12:18

Storage tanks can be housed in an area that is within a close proximity to the well site.Oil from all well sites can be placed in this centralized location rather than be stored on the well pads.Multilateral drilling allows operators to branch out from the main well to tap reserves at different depths.This dramatically increases production from a single well and reduces the number of wells drilled on the surface.Using this technology can be more cost effective and produce less waste and surface impacts than drilling multiple wells.Unconventional oil resources are produced by methods other than the traditional oil well.Common Corridors: All utilities such as water, electricity, oil, and gas can follow common paths.

Finally, site abandonment involves plugging the well(s) and restoring the site when a recently-drilled well lacks the potential to produce economic quantities of oil or gas, or when a production well is no longer economically viable.

New drilling technologies include the following techniques: Increase Productivity / Decrease Cost In one study, horizontally drilled Canadian wells produced as much as 4.1 times the product when compared with vertically drilled wells.



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