Novi and Enverus will have different well counts for the Permian, it's all about... definitions, what to include and what not to. We want to focus on HZ laterals in primary and secondary unconventional benches in both sub-basins.

There are 65,118 HZ wells in these two sub-basins (welldatabase.com). These are active producing wells, temporarily abandoned wells, abandoned wells awaiting P&A, DUCs, wells awaiting permit approval, wells with approved permits awaiting spudding and wells in progress. These wells currently take up space in limited remaining reservoir rock, or will when permitted wells are spud. We want to know what to expect from the remaining empty spaces; from a recovery standpoint, costs and related well economics.

The time frame for this HZ development begins 1 January 2010 and ends 1 July 2026. History is vague as to when the first HZ lateral was drilled to a source bed in the Permian but the modern "play," as we know it, did not start until 2011.

There are approximately 1,141 "directional" wells in this area of interest (AOI), many of them drilled before 2010 and the onslaught of the HZ play and many to conventional or very non-typical unconventional benches. Many of those wells are on the Central Platform. Those directional wells are not included in this well count and along the same lines I've left out short (<1,500 feet) directional laterals and all HZ laterals in shallow, conventional formations like San Andres, Clearfork, Grayburg, etc. I am not interested in that, and neither should you be.

These are the producing formations we are targeting and HZ laterals in them, above.

Roughly 455 HZ wells are drilled and casing run on them each month in the Permian HZ tight oil play at current rig cadence.