Permian Basin Drilling & Completions 2021 - Similar companies

Welcome to the Permian Basin Drilling & Completions 2021 Exhibition and Conference where leading Exploration & Production com ... panies will meet with drilling and completions experts in Houston, Texas to explore the next generation of drilling and completions technologies, techniques, and engineering know-how for crude oil and natural gas development. As the largest petroleum-producing region in North America, operators across the Permian Basin 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 and optimization remain key factors for operators to remain profitable in a low oil price market. As the majority of shale oil and gas plays across the Permian Basin have abnormal pore pressures resulting in frequent drilling incidents, regional operators are calling for new innovations and approaches to drilling optimization to improve efficiencies during well construction. With recent advancements in drilling technology, greater savings have been achieved for a variety of reasons such as the average time taken to drill a well falling from 35 to less than 14 days and total costs reducing from around $8 million to $5 million per well. As operators manage oilfields with varying geological conditions, they require the latest engineering know-how and well design techniques while focusing their efforts on drilling and completions optimization. The Permian Basin Drilling & Completions 2021 event is the region’s leading exhibition and conference exclusively for operators and a large array of technology experts, to develop and build on drilling and completions techniques and to deliver the latest strategies and lessons-learnt to drive efficiencies and keep costs low across all areas in the region. read more