Updates, Refracs and Future
The rig count has gone up for the first time in 2015 and more permits were issued last week than in any week since February. Good news? Kinda!
The grass is fairly green here as we move past the half way point of 2015 and boy is the refrac market heating up!
According to Forbes “1 in 2” frac’ed wells in the United States are candidates to be refrac’ed.
According to our frac records that is almost 50,000 candidate wells!
Halliburton and Schlumberger seem to be gearing up technically and financially to make a big splash into refracs in the second half of 2015.
Let that sink in a second…
Where are the candidate wells?
What operators are testing and what operators are ready to turn the refrac machine on?
How much proppant is being used in those refracs?
What is the chemical system that is being used?
What is the secondary frac chemistry?
All of these questions have been asked to Primary Vision in the last month! We can help you and your team learn more about the buzzy topic, so lets get started with our June report right now.
You can order here for just $99 (or jump on our soon to change yearly pricing of $899) that is packed with 30+ pages of information including…
Number of ReFrac’ed Wells by Quarter, Region, Orientation and Trajectory – Updated from May!
ReFrac’ed Wells by Year by Top 10 Operator (ALL and HZ wells separately) – Updated from May!
ReFrac’ed Wells by Year by Service Company (ALL and HZ wells separately) – Updated from May!
Average Proppant Mass by Proppant Type (ALL and HZ wells separately) – Updated from May!
ReFrac’ed Wells by Year by Proppant Type (ALL and HZ wells separately) – Updated from May!
Proppant Mass Comparison Between Original and Second Frac (ALL and HZ wells separately) – Updated from May!
Heat maps for Re’Frac wells for each year – Updated from May!
and we drilled down (all puns intended) into The Eagle Ford as well as made our prediction on total refracs for 2015.
Next month we’ll cover the Permian Basin and soon be releasing our second report based around pressure pumpers. Things are getting exciting!
Want to get on the early bird list for that? Email me at mjohnson@pvmic.com
