Houston, TX—Peregrine Petroleum Partners, Ltd. announced today that it set an Ellis county record for drilling the fastest lateral run with a depth greater than 10,000 ft. and 3,500 minimum footage drilled.
Peregrine Petroleum drilled the Johnston 1-32H well lateral in Ellis County, Oklahoma targeting the Lower Cleveland Sandstone production zone. To achieve this record, Peregrine used a customized Smith bit with ONYX 360* PDC cutter technology. ONYX 360 cutter technology increased drill bit durability and footage drilled as the entire diamond edge was used to drill the formations while it rotated 360°. The technology enabled Peregrine Petroleum to drill 4,267 feet from 10,103 to 14,370 ft at 47.41 ft/hr. The lateral wellbore was drilled with a steerable mud motor.