This is not a company report....
This is from the Journal of Petroleum and Tehcnology:
"Horizontal well costs can be as
much as two or three times that of
a vertical well. However, the production
factor may be enhanced by as
much as 15?20 times, making them
very attractive to producers"
This is udner "Past Drilling Achievements".
Link: http://www.slb.com/media/services/resources/articles/drilling/200812_jpt_drillingachievements.pdf
It is reasonable to dream of 500 barrels a day or more.
I am waiting for the UK drill!!!!!!!!
This is not a company report....This is from the Journal of...
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