Oil gas drilling programs

In recent years, we have developed between 50 and wells annually, bringing the total number of wells we operate to more than 1, At Catalyst Energy, we pride ourselves on the many characteristics that set us apart from other oil and gas companies:.

Contact Us. Partner Portal. The oil and gas drilling-program industry is a young industry, a needed industry, an aggressive industry, a changing industry, and I must say, a much criticized industry, that appears by its very nature to carry the elements of its own destruction. Drilling programs in the last several years have become an important new development for financing the drilling oil and gas wells.

But all programs do not have the same purposes. For some, the entire amount of money raised is to be used mainly for the financing of exploration activities. A number of the programs now combine several of these proposed activities so that a given program will devote, for example, about 40 percent of its activities to exploration and 40 percent to the drilling of semi-proven and proven acreage, leaving 20 percent for the purchase of producing properties.

Any combination of two or more of properties. Any combination of two or more of these activities may be found in a number of the current drilling programs. Sign In or Register. Advanced Search. Sign In. Skip Nav Destination Proceeding Navigation.

Close mobile search navigation. All Days. Previous Paper Next Paper. Article Navigation. Oil and Gas Drilling Programs J. Lawrence Muir J. Lawrence Muir. The drilling circulation sub uses RFID technology to communicate open and close commands. When the operator needs to move the sub from the closed position to either of the two open positions, for example, an RFID tag is dropped from the surface and circulated internally through the sub.

A built-in antenna receives the RFID signal, and a battery-powered electric motor operates a hydraulic pump, which moves the sleeve into the appropriate position. This is especially beneficial when running multiple tools, because using ball seats when running multiple tools creates a major restriction at the lowermost ball seat.

This is critical in the current economic environment.