http://www.contres.com/operations/technologies/eco-pad#main-menu
ECO-Pad® is a drilling technique whereby Continental drills four wells from a single drilling pad. The approach allows us to develop two separate formations on two separate spacing units simultaneously, increasing production efficiency. It also allows us to harvest more of a reservoir’s resources while reducing environmental impact on the surface of the land.
While other companies are using a single-pad technique for extracting natural gas, we are using the technology to drill for oil. We completed our first ECO-Pad project in 2010 in Dunn County, North Dakota from the Three Forks and Middle Bakken formations of the North Dakota Bakken.
The ECO-Pad technique provides an estimated 10% cost savings on the drilling and completion of each well. We plan to add approximately 40 ECO-Pad projects in 2011 and 2012, and to see continued cost savings on each well.
All statements on this page are made as of February 2012 and may not be accurate at the date you are reviewing this page.
p.s. click on video
http://www.contres.com/operations/technologies/eco-pad#main-menu
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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