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SPE.org 

The well will immediately be brought on production and is expected to flow at more than 100 MMscf/D of gas and 3,000 B/D of associated condensate, the company said. Leaders from two large US onshore rig contractors said their expectations that the rig-count slide would hit a second-quarter bottom were off and are now refraining from making new predictions as to when it will end. The green light for Santos Energy’s drilling program in the McArthur Basin comes after a moratorium on hydraulic fracturing in the Northern Territory was lifted in 2018. The UK shale operator will move forward with fracturing and testing its second well at its Lancashire site despite strict constraints on induced seismicity that hampered fracturing work on its first well. Moving their directional drillers into their Houston real-time remote operations centers has improved drilling efficiency for two of the top shale producers.