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There's still time to join the Midland Leadership Team for the
Midland Energy Data Social
April 18, 2023 This social event will also feature Dwayne Purvis, P.E. presenting
"To Define the Problem of “Orphan” Wells"
The US industry has entered a new phase of its lifecycle with the large majority of wells close to or ready for retirement. The issue sneaked up on the industry, and we are not strategically or financially prepared to address the problem. In fact, we do not have a functional vocabulary to talk about the physical situation or financial measures to understand the issue. The first step to solving any problem is to define it and to measure it. This training will feature these key learning outcomes: • What an orphaned well is and why you should care, • How the orphaned well situation impacts the industry and how data professionals can help, • A template to define and measure both the physical and financial situation, and • Opportunities for further discussion and standardization through PPDM.
Details
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Please contact events@ppdm.org.
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