WPX Energy awarded for technology, efficiency
WPX Energy received three awards last week recognizing its staff in the Piceance and San Juan basins for using new technology, achieving drilling efficiencies and collaborating with state agencies, according to a company statement.
“We strive for excellence everywhere we operate,” says Bryan Guderian, WPX’s senior vice president of operations. “We continually challenge ourselves to do things better and better.”
The Colorado Oil and Gas Conservation Commission honored WPX at its Outstanding Oil and Gas Operations Awards ceremony in Denver.
WPX operates more than 4,100 natural gas wells across 216,000 net acres in the Piceance Basin where the company averaged 592 million cubic feet per day of net natural gas production and 19,700 barrels per day of NGL production during the second quarter.
The Piceance also is home to WPX’s Niobrara Shale natural gas discovery. During its first 180 days, WPX’s Niobrara discovery well produced 1.4 billion cubic feet of natural gas, according to company officials. WPX expects to complete its second Niobrara well later this month.
The new technology award recognized WPX for partnering with PDP Wireline to create a more efficient and cost effective system for temperature logging in the Kokopelli Field, where WPX has drilled 163 natural gas wells. The new system saves an average of eight hours of standby rig time and about $15,000 per well due to its suspended pulley system with no attachments to the rig.
Previously, crews had to wait six hours on cement time before starting to spud the next well. Under the new design, the rig immediately skids, enabling crews to start drilling the next well while simultaneously logging temperature at the first well.
The COGCC also honored WPX for drilling efficiency in the Piceance basin and using less land through multi-well pads. Since 2007, WPX has improved its Piceance Basin drilling efficiency (as measured by number of wells drilled per rig per year) by more than 70 percent. WPX’s record time for drilling a well on its acreage in the Piceance valley is 3.7 days.
“We are drilling more efficiently than ever in the Piceance. That has allowed us to use fewer rigs and 75 percent less land,” Guderian says. “While drilling times are important, our safety standards remain high.”
WPX’s San Juan Basin team received the third COGCC award for coordinating a full-scale emergency response drill with multiple government agencies near Ignacio. WPX operates more than 880 natural gas wells in the San Juan Basin, which traverses both Colorado and New Mexico. The company also has a joint ownership interest in another 2,400 San Juan wells and recently announced an oil discovery coming from the basin’s Gallup Sandstone.
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