GGP 0.00% 0.6¢ golden gate petroleum ltd

sg proving he is the true professional

  1. 1,720 Posts.
    Now this shows everyone just how on top of everything Steve Graves has been in driving these first 4 wells in the Permian Basin with the purchasing, the planning, and the contracting out to the Union Drilling and the Halliburton frac teams, when the results to date are compared with the update of the 4 wells in today's ann by SSN. SSN, a really top company, great SP move north also on Wed. expecting the ann, so my point being GGP are looking at long last so much more professional than even the other top-notch oilers.

    Reason -
    SG now has the best of the best drillers and fraccers available in US


    Union Drilling Overview

    Union Drilling, Inc., is a land drilling services and equipment contractor headquartered in Ft. Worth, Texas. We provide drilling services primarily to major or independent oil and natural gas producers that operate in the most active exploration and productions areas in the country including the Marcellus shale and the Arkoma, Fort Worth, and Permian Basins. Since commencing operations in 1997, we have increased the size of our fleet to 71 marketed land drilling rigs, through a combination of acquisitions and new rig construction and divestitures of older, smaller equipment.

    Our principal operations are in the Appalachian Basin, extending from New York to Tennessee including the Marcellus, Huron and Utica shales, as well as the Clinton, Medina, and Oriksany sands; the Arkoma Basin in eastern Oklahoma and Arkansas, including the Fayetteville, Caney and Woodford shales; and the Fort Worth basin in North Texas, including the Barnett shale and in West Texas, the Permian and Delaware basins. These plays are generally characterized by unconventional formations with very low permeability rock, such as shales, tight sands and and coalbed methane (CBM) that require specialized drilling techniques to efficiently develop the oil or natural gas resources. Horizontal drilling is often used in these formations to increase the exposure of the wellbore to the oil or natural gas producing formation and increase drainage rates and production volumes. Substantially all of our rigs are equipped to efficiently drill in these unconventional formations.

    Our strategy is to focus on areas that have high growth potential, adequate takeaway capacity and low finding and development costs in order to maximize utilization and return on capital though out the commodity price cycle.



    Halliburton Fracturing Overview

    Halliburton’s history of fracturing achievement is due to continuous devotion to technology development, extensive training and a global best practices process. Since Halliburton performed the first commercial fracturing treatment in 1949, over 1 million wells have been successfully fractured by the industry in the United States.

    AccessFracSM Stimulation Service
    AccessFracSM stimulation service is Halliburton’s process to optimize proppant distribution for improved long-term production performance.
    BioVert NWB diverting system
    BioVert NWB temporary diverting agent is Halliburton’s answer to creating an effective chemical diverter capable of providing temporary isolation to newly stimulated perforation clusters.
    CleanStim® Hydraulic Fracturing Fluid System
    CleanStim fracturing service uses a new fracturing fluid formulation made with ingredients sourced from the food industry. The CleanStim fluid system components include a gelling agent, crosslinker, buffer, breakers and a surfactant. Before use, the CleanStim formulation is mixed at the job site with the water provided by the operator.
    Delta Frac® Service
    Halliburton’s advanced fluid technology introduces an optimized borate fracturing fluid with high viscosity and as much as 33% less gel concentration.
    FracFactory® Service
    Halliburton’s well stimulation service that can help accelerate an operators’ time-to-money, help improve operating efficiency for multi-well projects, reduce environmental impact, and reduce HSE exposure.
    MonoProp™ Proppant
    MonoPropTM low density proppant for high-porosity fractures is a lightweight proppant that helps achieve a partial proppant monolayer for ultimate fracture conductivity.
    SilverStimSM LT Fracturing Service
    SilverStim LT fracturing service raises the bar for fracturing fluid performance, convenience and value compared to conventional low polymer systems. SilverStim LT fracturing service is based on enhanced fluid technology that takes full advantage of Halliburton’s knowledge of guar-based polymer chemistry and crosslinking reactions.
    SiroccoSM Fracturing Service
    The latest addition to Halliburton’s high-performance low-polymer fracturing systems performs up to 400° F - and it’s salt tolerant.
 
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