Wednesday, November 24, 2010

Delay in Completing Wells Due to Lack of Fracking Crews -- Rodney 1-14H and Earl 1-13H -- Bakken, North Dakota, USA

Anyone who has followed the Bakken knows that there is a shortage of fracking crews. Some of the larger operators have contracted dedicated fracking crews to deal with the problem. The smaller operators, of course, have more difficulty in contracting dedicated fracking crews and / or scheduling fracking crews. I have talked about the latter on numerous occasions. Here is an example:
Samson has been notified that the frac jobs for the Rodney #1-14H and Earl #1-13H wells have been delayed due to the scarcity of available frac crews.
I have opined that the difficulty in completing wells due to lack of fracking crews and the increasing cost of acreage will likely result in significant consolidation in the Bakken. The moat is getting wider. One can almost predict what is going to happen.