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• W2019912022 abstract "Permian Basin Pioneer Natural Resources is a large independent oil and natural gas company, with resources throughout the US—in south Texas, the Rockies and Mid-Continental regions, the Barnett shale, and in Alaska’s Oooguruk field. The company also is one of the most active drillers in Texas’ Spraberry/Wolfcamp oil field in the Permian Basin. Covering nine counties, the Spraberry field produces sweet crude and gas from formations between 6,700 and 11,000 ft below the ground. Pioneer is also in the early stages of a new horizontal drilling program in the Wolfcamp shale interval of the Spraberry field. In a recent interview, Pioneer’s Tom Spalding, vice president, geoscience, explained, “Pioneer is a major operator in the Spraberry vertical and the horizontal Wolfcamp shale—in the center of the basin.” The company is interested in drilling deeper in the Spraberry, targeting the Strawn, Atoka, and Mississippian. “In fact,” said Spalding, “Vertical wells with multistage completions that include these deeper zones accounted for about 65% of our 2012 vertical drilling program.” Pioneer boasts one of the largest acreage positions in the Permian Basin, approaching 900,000 acres—and it is highly leased up. “We also have a big push on with unconventional horizontals drilling into source rock—the Wolfcamp, which is the major source rock in the area,“ said Spalding. “The beautiful thing about the Midland basin Wolfcamp formation is it just happens to be in the right window—buried to the right depth and exposed to the proper temperatures—so that over time the kerogen has ‘cooked’ so it is converted to oil (liquids).” This “right window” underlies across the Permian Basin, where the Wolfcamp is a thick formation—the source rock—underneath other formations, such as the Spraberry. Pioneer has been drilling its southern 200,000 acres first, to hold some expiring leaseholds. “The Wolfcamp is a little shallower there,” he said. Deeper drilling in the Spraberry, targeting the Strawn, Atoka, and Mississippian, accounted for 65% of Pioneer’s 2012 vertical drilling program. All these formations lie beneath the Wolfcamp, which lies beneath the Spraberry. The deeper drilling provides the potential to add up to 100,000 BOE (in addition to the 140,000 BOE obtained from the commingled Spraberry and Wolfcamp)." @default.
• W2019912022 created "2016-06-24" @default.
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• W2019912022 date "2013-02-01" @default.
• W2019912022 modified "2023-09-25" @default.
• W2019912022 title "Pioneer Resources: Targeting the Wolfcamp with Integrated Services" @default.
• W2019912022 doi "https://doi.org/10.2118/0213-0068-jpt" @default.
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