Drilling
This is a silhouette of one the local drilling rigs we've used.
Williams has concluded its drilling activity at the Smith pads in Flower Mound until later this year.
As of February, we have redeployed Felderhoff Rig No. 26 to our sites in Lewisville.
The rig will likely remain in Lewisville for the next several months.
On average, it takes about 16-25 days to drill a well locally, depending on the depth, location and the geologic conditions we encounter.
Williams’ average cost for drilling and completing one natural gas well in North Texas is approximately $3 million.
Of note, Williams employs a closed-loop drilling system in the Barnett Shale. This process helps contain drilling water and mud within a steel enclosure during the entire drilling process instead of pumping and placing it into a temporary open pit.
