"Supersizing" wells = more demand for frac sand

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dan_s
Posts: 37333
Joined: Fri Apr 23, 2010 8:22 am

"Supersizing" wells = more demand for frac sand

Post by dan_s »

Shale Drillers Are Supersizing Fracking. The Oil Price.

Shale drillers have squeezed more oil out of a given well over the past few years by becoming more efficient in their drilling operations. But the industry is still scaling up, and shale executives are now throwing around buzzwords such as “cube development” and “supersizing,” referring to the massive footprint of today’s wellpads. In the past, shale companies figured out a way to cut costs while expanding production: drilling more wells on a single wellpad. In essence, that lowered the average cost of a shale well, allowing drillers to do more with less.
Other techniques were also scaled up, such as using more frac sand, more water, and drilling longer laterals. That allowed shale firms to survive during the downturn, and it has also led to surging production that is breaking new records with each passing week. But the process continues, and shale companies are using that same logic today to continue to scale up. For instance, as Bloomberg reports, Encana is pursuing a drilling approach called “cube development,” in which the company drills about 20 wells from a single wellpad, extending in every direction, with the aim of extracting oil and gas from the multiple layers of the Permian, rather than each well targeting an individual shale layer.
Dan Steffens
Energy Prospectus Group
par_putt
Posts: 565
Joined: Tue Apr 27, 2010 11:51 am

Re: "Supersizing" wells = more demand for frac sand

Post by par_putt »

So when they complete one of these Cube developments will all the levels be pumped using just one pump?
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