Technology | Drilling & Completions | Well Cost | Top Story | Frac Markets - Frac Trends | Capital Markets | Private Equity Activity
Dissolvable Frac Plugs Cutting Well Costs, Drill Times
Print
|
As operators continue to find new ways to cut drilling costs, a number of E&Ps are utilizing dissolvable frac plugs during completion operations, eliminating the need to drill out plugs.
Pioneer Natural ResourcesPioneer has deployed dissovable frac plugs in the Eagle Ford Shale. Additionally, the company is testing them in the Spraberry and Wolfcamp.
Pioneer's Current Cost per Well: Eagle Ford: $7.0-8.0 million Wolfcamp/Spraberry: ~$9.0 millionPioneer expects its completion costs to drop by ~20% by year-end 2015.
Anderson EnergyAnderson has utilized dissolvable frac plugs on its Cardium wells since late 2014. It looks to further reduce costs by experimenting with Nitrogen in frac placement.
Anderson's Cardium Well Costs:Enlarge Image
Samson ResourcesSamson has used the…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Completion Design News
Today in Completions: DJ Basin Well Hits 1,400 BOEPD IP24 (82% Oil)
Upland Exploration, Inc. has reported a company record IP from its recently completed seven-well pad in the DJ Basin. In Weld County, CO, Upland's Little Lady 22-1NH well…
RPC's Q2 / Outlook: D&C to Decline in 2H19; Zipper Frac, Regional Activity
RPC Inc. reported its Q2 2019 results - here are the highlights. RPC's revenues decreased compared to the prior year primarily due to lower pricing, lower activity levels…
HighPoint's Q1 Drilling Up, Completions Down 40% YOY; Touts Wattenberg Results
HighPoint Resources reported its Q1 2019 results. Here are the highlights. Q1 Summary - Well Activity (gross): Drilled 28 wells / TIL 12 wells in Q1 - up…
Whiting's Q1 Production Only Up 1% YOY Despite +42% Jump in D&C Activity
Whiting Petroleum reported its Q1 2019 results. Here are the highlights from its report and presentation. Q1 Summary - Well Activity (gross): Drilled 34 wells / Completed 27…
Bonanza Creek Completions Up +175% YOY; New High Intensity Stimulations
Bonanza Creek Energy Inc. reported its Q1 2019 results. Highlights from its report and presentation are below. Q1 Summary - Well Activity (gross): Drilled 13 wells / TIL…
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…
North America News
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…
Cenovus Outlines 2026 Development Plan Following MEG Integration
Cenovus’ 2026 plan targets capital investment of $5.0 billion to $5.3 billion (including ~$350 million of capitalized turnaround costs) and upstream production of 945,000 BOE/d to 985,000 BOE/d,…
Gran Tierra Energy To Step Down Activity in 2026
Gran Tierra Energy’s 2026 development plan reflects a step-down in spending and activity as the company transitions from fulfilling Ecuador exploration commitments in 2025 toward a free-cash-flow-focused program.…
Advantage Plans $300–$330MM 2026 Capital Program
Advantage’s 2026 development plan centers on Glacier-focused drilling and key midstream work. The company plans total capital spending of $300 million to $330 million and expects production to…