Oil and gas production in the Shale Era is a refined, controlled process — and a far cry from the early days of wildcatting a century ago. Modern drilling typically involves multiple wells on a single well pad, with each well going through a four-stage process to produce hydrocarbons that are then separated into distinct components. In today’s RBN blog, we look at how drilling-and-completion techniques have evolved over the years, from old-school vertical wells to the highly complex strategies targeting shale areas today, and how they set the stage for hydrocarbon production and recovery.
Our series of “Value Chain 101”-style blogs is designed to provide a better understanding of the journey those all-important hydrocarbon molecules take from the production site to their respective downstream markets (see Figure 1 below). Part 1 introduced us to how reserves are calculated and the types of companies that operate in the upstream sector, Part 2 walked us through the highly detailed leasing process, and Part 3 provided a primer on seismic surveys and well-site preparations. Once those steps are complete, the focus shifts to getting a well drilled, completed and in production.
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About the song
“Square One” was written by Tom Petty and first appeared as the 14th song on Elizabethtown: Songs From the Motion Picture, the soundtrack album for Cameron Crowe’s 2005 film of the same name. It featured several artists, including Nancy Wilson, Elton John and Ryan Adams. It was released in September 2005. “Square One” was nominated for a Grammy Award in 2006 for Best Song Written for a Motion Picture. The song would also appear as the second track on Tom Petty’s third and final studio album, Highway Companion. Personnel on the record were: Tom Petty (lead, backing vocals, guitars, bass, drums), Mike Campbell (guitars), and Jeff Lynne (guitars, keyboards, backing vocals).
Highway Companion was recorded in 2005-06 at Bungalow Palace and Shoreline Recorders in Los Angeles, with Jeff Lynne, Tom Petty and Mike Campbell producing. Released in July 2006, it went to #1 on the Billboard Top Rock Albums and #4 on the Billboard 200 Albums charts. It has been certified Gold by the Recording Industry Association of America. Three singles were released from the LP.
Tom Petty was an American rock and roll musician, singer and songwriter. He was the leader of Tom Petty and the Heartbreakers, and a solo artist. Petty released 16 studio albums with the Heartbreakers, three solo albums and 68 singles. He also released albums with the Traveling Wilburys and with Mudcrutch. Tom Petty and the Heartbreakers were inducted into the Rock and Roll Hall of Fame in 2001 and also have a star on the Hollywood Walk of Fame. Petty is also the recipient of a Gershwin Award for Lifetime Musical Achievement, a Billboard Century Award, and an ASCAP Golden Note Award. Tom Petty died in October 2017 at the age of 66.
