American Oil and Gas Reporter - August 2016 - 95
for industry downturns is the loss of experienced employees.
"In downturns such as this-with deep
cuts and companies laying off blue-chip
employee resources-there is a chance
you may not get those people back," he
says. "What always bothers me is the
talent we lose. For example, what is
going to be the case with the drilling and
service companies that support oil and
gas clients? How have their crews been
able to survive? Can they bring back
those crews that really know that part of
the business, or will we be dealing with
inexperience again?"
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Devon Completes Test
Of Multiple STACK Wells
OKLAHOMA CITY-Devon Energy
Corp. says it has brought on line another
successful spacing pilot, as well as a
record-setting oil well in the overpressured
window of Oklahoma's STACK play.
The Alma spacing pilot tested five
wells a section across a single interval in
the upper Meramec, Devon says, delivering
30-day production rates averaging 1,400
barrels of oil equivalent a day per well,
of which 60 percent was light oil. In addition to the strong initial production
rates, the company reports early flowback
results indicate minimal interference between wells, suggesting potential for
tighter spacing in the overpressured oil
window.
The Alma wells were drilled with
5,000-foot laterals, and were conservatively
brought on line with a 12⁄64-inch choke,
which Devon says was gradually increased
to a 20⁄64-inch choke.
According to the company, it also
brought a Kingfisher County well on
line. The Pony Express 27-1H was drilled
with a 5,000-foot lateral, and achieved a
30-day average production rate of 2,100
boe/d, consisting of 1,500 bbl/d of oil.
Devon points out the well's oil productivity
is the highest of any Meramec well drilled
to date in the play on a per lateral foot
basis.
"These successful well results help us
further understand the optimal development scheme for Devon's industry-leading
STACK position as we prepare for fullfield development in 2017," says Tony
Vaughn, the company's chief operating
officer.
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AUGUST 2016 95
American Oil and Gas Reporter - August 2016
Table of Contents for the Digital Edition of American Oil and Gas Reporter - August 2016
Contents
American Oil and Gas Reporter - August 2016 - Cover1
American Oil and Gas Reporter - August 2016 - Cover2
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American Oil and Gas Reporter - August 2016 - Contents
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American Oil and Gas Reporter - August 2016 - Cover3
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