2月13日, the American Association of Drilling Engineers (AADE) hosted its annual Operators Forum at the 匹兹堡 Airport Marriott, 演讲者来自提升资源, 卡伯特, EQT, JKLM, 月桂山能源, 佩恩能源, Range资源 Rockdale 资源/Tilden Marcellus and 塞内加资源 on hand to discuss their current operations as well as drilling plans for 2020.
While each presenter delivered an individualized message, a few common themes emerged. 所有的演讲者, 例如, commented on the difficulty of producing in the current depressed price environment, noting that they didn’t anticipate the situation to improve in the near term as prices are expected to remain low. They also indicated that their concentration at the moment is on maximizing return on capital and generating free cash flow.
以下是每位代表发言的摘要:
提升资源 (首席钻井监督Stan Cherry). Ascent operates approximately 460 wells and have been producing since 2014. 在2019年, 他们共钻了38口井，平均水平段长度约为16,000英尺，平均17英尺.7天内完成从钻井平台到钻井平台的作业. In 2020, Ascent plans to spud 60-70 wells with an average of three wells per pad. 水平段的平均长度预计为14000英尺. To complete the plan, they expect to operate four rigs and two fracture crews throughout the year. The Company has entered into a five-point strategic plan to meet their 2020 goals:
卡伯特 (对外事务主任乔治·斯塔克). 卡伯特 currently maintains approximately 200,000 net acres and operates out of 3,450 locations. 在2019年, the company experienced production growth of 18% and operated on a capital expenditure budget of $800 million. 预计2020年的预算将减少到5.75亿美元, 卡伯特全年操作两个钻井平台. More specific comments were unavailable until after the company’s earnings call, 定于2月21日.
月桂山能源 (Matt Weinreich，高级副总裁). Laurel Mountain has drilled six wells since 2018 and completed two new pads in Clarion County. They plan on completing an eight-well program on the two pads and expect an average lateral length of 7,000英尺. In 2017, 他们开了一家中游公司, 巨石阵月桂聚会, to transport NGL-rich natural gas production from Clarion County to the 能源 Transfer System in Butler County.
Penn能源 (钻完井副总裁Tommy Thompson). Penn能源 holds 212,000 gross acres/176,000 net acres, of which 87% is held by production. 截至2019年, 他们共运营了380口井，平均水平段长度约为7,500英尺，总探明储量6.9 Tcfe. During the year, the company operated one top-hole rig, one horizontal rig and one fracture spread. 在那个时候, 他们钻了40个垂直井, 36口水平井，36口压裂井，平均水平段长度为6,850英尺. 到2020年，他们计划钻12口井，并压裂18口井. They also plan to reenter existing pads that currently have 3-4 wells and drill an additional 2-4 to maximize capital expenditure.
EQT (钻井副总裁Steve Chesher). In 2019, EQT operated two top-hole rigs and three horizontal rigs with a focus on drilling in Washington and Greene Counties in Pennsylvania, 以及在西弗吉尼亚州和俄亥俄州的有限钻探. 平均水平段长度为12000英尺，每个区块完成4-5口井. In 2020, they anticipate adding another top-hole rig and maintaining their horizontal rig count. The plan is to keep pads closer together and increase laterals to maximize efficiency.
塞内加资源 (钻井工程师Bryan Bauer). Seneca exercised capital expenditures of $492 million in 2019 and generated 211.8 Bcfe. In 2020, they’ve budgeted $375 million for expenditures and anticipate production of 235 Bcfe.
JKLM (钻井工程师Tyler Ragan). JKLM目前运营42口井，已钻井45口. They ran one top-hole rig and one horizontal rig during 2019 and completed four wells with laterals ranging between 3,000-10,000英尺. The company drilled a total of 13 wells in 2019, one of which was unsuccessful. Plans for 2020 are to complete 4-6 wells, including those that were top-holed in 2019.
Range资源 (钻井工程师Pat Quinn). 在2019年, Range使用了两台顶孔钻机和两台水平钻机, 平均10,在59口已完成的井中，横向长度为500英尺. In 2020, 他们计划使用1台顶孔钻机和2-3台水平钻机, 预计平均横向长度将增加到12,200英尺.
Rockdale 资源/Tilden Marcellus (钻井经理Jarrett Toms). 在2019年, Rockdale top-holed one well and completed five others while Tilden completed four DUCs. In 2020, the company expects to complete the DUCs drilled in 2019 and has no new wells planned. 重点将放在延长2019年钻井的DUCs的分支上.
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