Pioneer to pursue oil in Lower Wolfcamp shale

By OGJ editors
HOUSTON, Oct. 29
-- Pioneer Natural Resources Co., Irving, Tex., plans to horizontally drill the Lower Wolfcamp shale, an unconventional formation that has produced oil in vertical wells on its Permian basin acreage.

Management said the Lower Wolfcamp resource play is ubiquitously prospective across the company’s acreage, although well control indicates that reservoir quality starts to decrease near the southern boundary.

Vertical wells have averaged 15-60 b/d in the upper middle to northern part of the acreage, where the formation is 200-300 ft thick. Total organic carbon in the formation is very high based on core analysis from recent Pioneer wells and from other wells drilled in the 1950s-60s.

Two horizontal wells would have a 4,000-5,000 ft lateral and 14 frac stages, the company said.

Related Articles

Linn completes acquisition of Pioneer’s Hugoton assets

09/11/2014 Linn Energy LLC, Houston, has closed on its purchase of Hugoton field assets in Kansas from Pioneer Natural Resources Co., Dallas, for cash proceed...

PNR closes sale of Alaska subsidiary

04/16/2014 Pioneer Natural Resources Co. (PNR), Dallas, has completed the sale of its subsidiary Natural Resources Alaska Inc. to Caelus Energy Alaska LLC, Da...

PNR reports $3.3 billion capex plan for 2014

02/11/2014 Pioneer Natural Resources Co. (PNR), Dallas, reported capital expenditure plans of $3.3 billion for 2014, $2.2 billion of which to be used to targe...

Pioneer to sell Alaska subsidiary for $550 million

10/25/2013 Dallas-based independent Pioneer Natural Resources Co. has agreed to sell its equity in subsidiary Natural Resources Alaska Inc. to privately held ...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected