Operators celebrate sharing of North American shale well data

Source:Rushmore Reviews

A group of North American shale well Operators celebrated one year of offset data sharing recently in Houston.

A group of North American shale well Operators celebrated one year of offset data sharing recently in Houston.

Established early 2012 the “Shale Performance Review” enables the exchange of drilling, completions and fracturing data between Operators to aid them with their well planning, budgeting, performance management and benchmarking processes.

Helen Rushmore, Director of Rushmore Reviews who manages the Shale Performance Review on behalf of the Operators, said “We are delighted to be recruiting new participants at the rate of more than one per month to participate in this Review. It is the Operators themselves who decide what data to share and the rules under which this is done and the fact that every Operator has committed to provide between 3 and 5 years’ worth of data shows how committed these companies are to achieve ‘top quartile’ performance”.

Aberdeen-based Rushmore Reviews are this year celebrating 25 years of offset data sharing for hundreds of Operating Companies in 100 countries worldwide.

Steve Mamerow, VP of Corporate Drilling and Completions for Dallas-based Pioneer Resources added "Pioneer is committed to excellence in our shale well operations. We are using the Rushmore Reviews to enable us to measure our comparative performance in drilling, completions and fracturing operations and to focus our improvement efforts on any gaps to ‘best in class’. We used the Rushmore data to good effect in our international operations and are delighted that the Shale Performance Review has had such a good uptake from other Operators since it was launched last year."

Representatives from BHP / Petrohawk, Chevron / Atlas, Hess, Husky, Hunt, Marathon, Murphy, Newfield, Nexen, Pioneer, Shell, Statoil / Brigham, Suncor and Talisman provided input in person and online to hammer out all the changes to the data to be shared from 2013 onwards

The most significant change agreed was to extend the scope of the Review to cover all horizontal, development multi-stage fractured wells regardless of reservoir type thereby including wells in tight sandstone, carbonate, siltstone and limestone reservoirs.

Chris Nelson, Corporate Drilling Manager of Houston-based Newfield Exploration said “Newfield strives to improve operational efficiencies in our drilling performance to reduce well costs on a continuous basis. We have internally benchmarked our wells for some years but, in order to anchor our performance against the industry, a collaborative effort is necessary. We encourage other Operators to join us in participating in the Shale Performance Review as it increasingly becomes the “go to” industry resource providing highly reliable offset well data for North American and international unconventional plays”.

“Performance excellence is vital to succeed in the North American shale plays …” continued Helen “… and the only way an Operator can measure its comparative level of performance is through access to high quality and reliable offset data”

Helen concluded “It is for this reason that a rapidly growing band of Operators are providing their own data, which is then subject to our independent quality control, and provided back to the group with the tools to enable them to analyse what it takes to truly become “world class”.

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