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De-risking the Delaware

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Richard Mason
February 1, 2013

The drawworks on Precision Drilling Corp.’s Rig 77 screech, groan, clang and shudder in the clarity of early morning sunlight as the top-drive electric rig approaches 11,000 feet of vertical depth, 60 miles east of Carlsbad, New Mexico, near the northeast boundary of the Delaware Basin. Twin blasts from a claxon horn echo across the New Mexico plains, and a crew of mostly Louisiana native sons scurries up ladders to the rig floor in preparation for a pipe change.

PDC 77 is drilling the Corazon State Unit 1H for Midland-based ...

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