Bakken Drilling & Completions 2021 - Similar companies

Welcome to the Bakken Drilling & Completions 2021 Exhibition and Conference where leading Exploration & Production companies ... will meet with drilling and completions experts in Bismarck, North Dakota to explore the next generation of drilling and completions technologies, techniques, and engineering know-how for crude oil and natural gas exploration and development. As one of the largest petroleum-producing regions in North America, operators across the Bakken are looking for new ways to navigate through the industry in a post-pandemic world, and with drilling activity now showing signs of recovery, cost-reduction for drilling and completions is the key factor for operators to remain profitable in a low oil price market. The Bakken shale with its highly productive source-reservoir produces over 1 million barrels of oil per day over 15,000 active wells. As the majority of shale oil and gas wells across the region have abnormal pore pressures resulting in frequent drilling incidents, operators are calling for new approaches to drilling and completions optimization. With recent advancements in completions know-how, greater savings have been achieved as a result of better well-design resulting in total costs reducing from around $8 million to $5 million per well. Today’s drilling and completions experts offer new hope for operators looking to achieve greater gains in efficiencies and to reach reservoirs in the most cost-effective and fastest way. read more