Devon Energy About To Go to 10 Acre-Spaced Horizontal Drilling WellsSomervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas


Devon Energy About To Go to 10 Acre-Spaced Horizontal Drilling Wells

18 October 2007 at 10:56:16 AM

Saw this via the Weatherford Democrat. I guess this means the sky will start being lit up like Christmas trees and the Milky Way will be harder to see.

In Parker County, Devon, which bought a portion of its 118,000 lease position from Chief Oil & Gas two years ago, currently has more than 100 horizontal Barnett Shale wells helping produce a total of 52 million Mcf per day (one Mcf equals 1,000 cubic feet).

However, estimates suggest between 75 and 80 percent of natural gas trapped inside the Barnett Shale continues to elude today’s modern recovery techniques, and innovative operators are always looking for the next silver bullet.

Devon is about to lay down a bet on 10-acre well spacing.

“We’re getting ready to try some 10-acre spaced wells, and what that basically means is that the horizontals are basically spaced about 500 feet apart, and that’s going to be something new for us and we’ll see how those act,” Foster said. “You just have to keep taking swings at the plate to try to get there. So our next swing is the 10-acre spacing ... maybe it won’t be a silver bullet, but we’re hoping it’s a silver BB.”

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