California Farmout - Horizontal Wells
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How to fill out Farmout - Horizontal Wells?
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FAQ
Horizontal drilling is the process of drilling a well from the surface to a subsurface location just above the target oil or gas reservoir called the ?kickoff point?, then deviating the well bore from the vertical plane around a curve to intersect the reservoir at the ?entry point? with a near-horizontal inclination, ...
Image taken from "Shale Gas: Applying Technology to Solve America's Energy Challenges," NETL, 2011. Hydraulic fracturing is a technique in which large volumes of water and sand, and small volumes of chemical additives are injected into low-permeability subsurface formations to increase oil or natural gas flow.
In the fracking process, cracks in and below Earth's surface are opened and widened by injecting water, chemicals, and sand at high pressure. Some resources extracted through fracking are called ?tight oil? or ?tight gas,? because these pockets of fossil fuels are tightly trapped in hard shale rock formations.
Horizontal drilling rigs can drill down up to 10,000 feet vertically to the Marcellus or other shale, and then turn horizontally for a few thousand additional feet. The horizontal portion of the well bore is referred to as a lateral.
It takes an average of 50 to 60 days to drill the well to its target depth, which, with modern technology like horizontal drilling, could be up to two miles underground and up to two miles horizontally. First, a hole is drilled well below the freshwater aquifer.
The process takes about three to five days, on average, to complete from start to finish. Once the fracturing operation is finished, the well is considered ?completed? and is now ready to safely produce American oil or natural gas for years, even decades, to come.
Horizontal drilling is the process of drilling a well from the surface to a subsurface location just above the target oil or gas reservoir called the ?kickoff point?, then deviating the well bore from the vertical plane around a curve to intersect the reservoir at the ?entry point? with a near-horizontal inclination, ...
Although horizontal drilling has been used for nearly a century, its use as a source of U.S. oil and natural gas production began growing in the early 2000s. The process involves drilling a well vertically to a certain depth and then bending the path of the drilling until it extends horizontally.
