What is the difference between a “rework” and new drilling site?
A rework generally has been drilled in the past, and has produced some kind of product (either oil or gas locked in the shale). Its yield is generally lower then a new drilling site, but if you add them up, many reworks can create considerable production potential in oil and or gas. A new drilling site is an unknown, but it has the greatest potential for a considerable yield in either oil or gas. We carefully select both the rework wells and the new drilling sites based on our years of experience in drilling operations and research.