Noble Energy has three horizontal rigs drilling. The company is moving to the elimination of using a separate rig for the top hole drilling as well as batch drilling on the pads. Noble Energy believes that this method of drilling will be more efficient and result in fewer rig moves over time, eliminating a significant amount of road traffic and reducing costs.Noble Energy believes that they will TD 26 - 28 wells this year, in spite of moving to batch drilling.
CONSOL Energy Announces Operational And Financial Update; Company Expects To Report A Third Quarter Loss Due To Combination Of Marketing And Operational Issues; Gas Division Reports Exploratory Success In Utica Shale
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts