Drilling and Completion Cost in the Louisiana Haynesville Shale, 2007-2012

Verfasser / Beitragende:
[Mark Kaiser, Yunke Yu]
Ort, Verlag, Jahr:
2015
Enthalten in:
Natural Resources Research, 24/1(2015-03-01), 5-31
Format:
Artikel (online)
ID: 605538727
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024 7 0 |a 10.1007/s11053-014-9229-9  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s11053-014-9229-9 
245 0 0 |a Drilling and Completion Cost in the Louisiana Haynesville Shale, 2007-2012  |h [Elektronische Daten]  |c [Mark Kaiser, Yunke Yu] 
520 3 |a Well construction costs comprise the largest component of the capital expenditures required in onshore development, but detailed cost studies at a play level based on actual cost has never been presented in the literature. The purpose of this paper is to evaluate well construction cost in the Louisiana Haynesville shale from 2007 to 2012 and present cost statistics and correlations at a regional and operator level. Over half of the wells constructed in Louisiana's Haynesville shale since its discovery cost between $8 and $11million to drill and complete, and the average well cost is $9.95million. EP Energy LLC realized the lowest average drilling and completion cost at $8.4million per well, and the highest average cost among leading operators was Swepi LP at $11.1million per well. We conclude with an empirical analysis of learning effects. 
540 |a International Association for Mathematical Geosciences, 2014 
690 7 |a Cost statistics  |2 nationallicence 
690 7 |a Haynesville shale play  |2 nationallicence 
690 7 |a regional cost study  |2 nationallicence 
700 1 |a Kaiser  |D Mark  |u Center for Energy Studies, Louisiana State University, Energy Coast & Environment Building, Nicholson Extension Drive, 70803, Baton Rouge, LA, USA  |4 aut 
700 1 |a Yu  |D Yunke  |u Center for Energy Studies, Louisiana State University, Energy Coast & Environment Building, Nicholson Extension Drive, 70803, Baton Rouge, LA, USA  |4 aut 
773 0 |t Natural Resources Research  |d Springer US; http://www.springer-ny.com  |g 24/1(2015-03-01), 5-31  |x 1520-7439  |q 24:1<5  |1 2015  |2 24  |o 11053 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
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950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s11053-014-9229-9  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Kaiser  |D Mark  |u Center for Energy Studies, Louisiana State University, Energy Coast & Environment Building, Nicholson Extension Drive, 70803, Baton Rouge, LA, USA  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Yu  |D Yunke  |u Center for Energy Studies, Louisiana State University, Energy Coast & Environment Building, Nicholson Extension Drive, 70803, Baton Rouge, LA, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Natural Resources Research  |d Springer US; http://www.springer-ny.com  |g 24/1(2015-03-01), 5-31  |x 1520-7439  |q 24:1<5  |1 2015  |2 24  |o 11053