A SUCCESSFUL BAKKEN FAILURE REDUCTION PROGRAM

Oasis Petroleum has ~1000 rod pump wells in the Bakken producing from 8000’ - 10,000’. A focused effort has been made over the past few years to reduce the failure rate from ~1.0 failures/well/year to the current rate of .68 failures/well/year. This has been the result of a holistic approach which has encompassed improvements in rod design, surveillance, training, development of Standard Operating Procedures and Best Practices, trialing new technology and POC optimization. This paper will document some of the successes and failures during this journey.