Frac Markets - Frac Trends
More Bakken Operators Switch From Ceramic to Sand Saving $1M Per Well
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An interesting trend has been developing in the North Dakota Bakken. In preparing our quarterly Frac Reports, we notice that the following companies which have been testing sand completions (as noted in Frac Report Q2-2014) have decided to move more wells to from Ceramic to Sand completions.
Oasis PetroleumTaylor L. Reid - President, Chief Operating Officer and Director
"We have tested 2 wells with close to 100% sand and then we have some additional wells, additional 2 or 3, where we've done a combination of sand and resin-coated sand. And early time, the results on those wells look similar to other slickwater wells around them but it's very early time... If we do go to all sand, you could expect an incremental savings on our wells of about $1 million."
QEP ResourcesThe company noted…
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