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Overview of Occidental Drilling Activity

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Presentation on theme: "Overview of Occidental Drilling Activity"— Presentation transcript:

1 Overview of Occidental Drilling Activity
Stu Keller

2 Speaker Information Stu Keller Drilling Engineering Consultant
Oxy Worldwide Drilling & Completions Drilling Engineering Group 5 years with Oxy; 30 years with ExxonMobil; all in Drilling & Completions Based in Houston Specialist in BHA & Tubular Design Purdue University B.S. Engineering Science

3 Occidental Oil and Gas Overview

4 Huge Permian Unconventional Drilling Inventory

5 Oxy is Global Leader in EOR
Currently operating 3 drilling rigs in EOR areas

6 Some Oxy Recent Drilling-Related Success

7 Lateral Lengths and Production Increasing

8 Some Recent Drilling Achievements

9 Oxy Positive Displacement Motor (PDM) vs Rotary Steerable System (RSS) Economics Calculator
Example Only Calculates Risked Cost of PDM, RSS, RSS+PDM Includes probability of trip, probability of LIH, fishing economics Sensitivities to ROPs

10 Partnering with Some Key Suppliers on Logistics

11 Thank You


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