Oil@Gas Chat room

[Oilbull]

Offset wells are obviously cheaper to drill(300$ too 450k$) than the main drill location.(Agreed).:)

OFFSET WELL - (1) A well drilled on the next location to the original well. The distance form the first well to the offset well depends upon spacing regulations and whether the original well produces oil or gas. (2) A well drilled on one tract of land to prevent the drainage of oil or gas to an adjoining tract where a well is being drilled or is already producing.



Offset Drilling Data (US) provides critical sub-surface information for proper well drilling and design before you submit an AFE. By using our analyzed drilling curves, geologists, engineers, consultants and operators speed up the evaluation of even deep wells from hours to minutes. This vital information enables you to increase drilling safety while controlling costs.