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“Over 35% of the company’s wells produced more than 1,000 boe/d in Q3”

EaglefordShale.com reported this week that Chesapeake Energy has recently seen a huge growth in production rates for 2012. “The company now has hundreds of wells producing and those data points allow the company to improve its drilling and completion processes.”

Every oil and gas company has a ton of information that could be used to improve practices and make better business decisions. The generally smaller size of shale plays means that companies need to be smart not only in finding the right wells, but in leveraging their information assets as Chesapeake Energy has done. We think the next big play is information, the question is, how will you use it?

Find out more about how business intelligence works to improve the bottom line for oil and gas companies.

 

 


Nate Richards
Nate has over 18 years of software engineering and consulting experience. He founded Entrance in 2003. Nate is the past President of the Board of LifeHouse Houston, a Christ-centered maternity home ministry, and is past Executive committee member and Treasurer of Houston Achievement Place, a foster care and social skills training non-profit organization.
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