Webinar: Benchmarking in US Onshore: Foster competition and continuous improvement
13/11/2023 The United States has witnessed a prolific surge in drilling activity, averaging 12,000 wells annually since the advent of hydraulic fracturing technology. Initially, this technology gained traction in the Northeastern US, primarily for gas extraction, and subsequently extended to oil plays.
Key to the enduring success of the industry has been the healthy competition fostered amongst various operators. Best in class operators have consistently monitored production, costs, and completion designs to secure their position as the top performers in their respective region and to apply lessons learned from one region to another.
Presenter: Allison Sandlin, Equinor, USA