Cris Byers, the Product Manager at Oseberg, brings you an in-depth exploration of the complex world of drilling spacing units. These units, crucial in the oil and gas industry, are not unique to New Mexico. However, like many regulatory concepts in this field, New Mexico offers its unique state-specific variations that can provide immense value to operators who comprehend their intricacies.
As part of our ongoing New Mexico webinar series, watch first webinar, this second installment promises to provide a comprehensive analysis of several key topics:
1. Unit Creation in New Mexico: Our webinar will extensively delve into the multifaceted meanings of unit creation in New Mexico. We will consider both the current and historical pools, as well as the rules that govern them. Gaining a profound understanding of this landscape is pivotal for anyone operating within the state. Whether you’re a seasoned industry veteran or just starting out, comprehending New Mexico’s unit creation processes is essential for success.
2. The Why and How of Unit Creation: We’ll uncover the underlying reasons behind the formation of these units and explore how they evolve over time. This knowledge is indispensable for those looking to optimize their operations in New Mexico. By understanding the ‘why’ and ‘how’ of unit creation, you can make informed decisions that are tailored to the dynamic oil and gas landscape in the state.
3. Oseberg’s Cutting-Edge Data: Cris Byers will also unveil Oseberg’s latest datasets specific to New Mexico’s spacing and unit data. These datasets are a treasure trove of up-to-date information about currently operated acreage. They offer a wealth of insights for various purposes, including:
– Market Intelligence: Stay ahead of the curve with real-time data. Make data-driven decisions to gain a competitive edge in the industry.
– HBP Boundaries: Identify boundaries for land acquisition or protection with precision. This can be instrumental in property management and development strategies.
– Production Extents: Get a comprehensive view of specific pools to make informed decisions about drilling programs. This information is invaluable for optimizing your drilling activities.
Join us for this insightful webinar, where you’ll gain a profound understanding of New Mexico’s drilling spacing units and learn how to harness them to your advantage. The knowledge shared by Cris Byers will undoubtedly empower you in the dynamic oil and gas industry landscape. By the end of this session, you’ll be better equipped to navigate the complex regulatory landscape of drilling spacing units in New Mexico and make informed decisions that drive success in your operations. Don’t miss this opportunity to gain a competitive edge in the industry.