There was a drop in the number of new producing wells in the Midland Basin from 2015 into 2016. (Source: Drillinginfo’s DI Web application)
The number of Midland Basin wells refractured (orange) or recompleted (purple) is plotted against nonrefractured or recompleted wells in the same basin. (Source: Drillinginfo’s DI Analytics/Refrac Analysis)
There are 233 drilled, uncompleted (DUC) vertical wells in the Midland Basin. There are more vertical DUCs in the Midland Basin than in the Delaware Basin to the west. (Source: Drillinginfo’s DI Analytics/Rig Analytics).
Recommended Reading
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