Moody's Talks - Inside Economics cover image

Oil and More Oil

Moody's Talks - Inside Economics

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Is There a Typical Time Line Between a Well and Production?

The length of time between a rig and then a well is about three to four months. You go straight down, and then you start going out in branches in 360 degree order. That's 92 % of all drilling a in the endthe us. If asio wanted to make a decision to day a, the oil would show up probably four months o.

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