Case Study: Collaboration and Advanced Engineering Workflow Deliver Record Production Increase in the Permian Basin

production increaseDrilling time reduced by 65 percent; cost per BOE reduced by 46

CHALLENGE – An operator in the Permian Basin drilled and completed three unconventional horizontal wells in the Delaware Basin, but, after a year, results had not proven economical. Other wells just outside this operator’s acreage had shown to deliver top-quartile performance. Believing the field had more to offer, the operator turned to Halliburton to help solve its unconventional challenge.

SOLUTION – Halliburton collaborated with the operator and applied the CYPHER® Seismic-to-Stimulation Service to help address these challenges and improve well performance while achieving the lowest cost per BOE. Six wells were drilled and completed with excellent results overall. Drilling time to total depth (of the well) was reduced from 60 days to 21 days – a new record for the area that represented a 65 percent reduction in days to drill. Six-month results show a 32 percent production increase per BOE/1,000 lateral feet. We reduced cost per BOE by 46 percent for our client.

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