SeekingAlpha.com on CJES. The link to the CJES recent corporate presentation; no indication that CJES is active in the Bakken.
Schlumberger transcript, 4Q11, Q & A:
Well, if you look at pressure pumping pricing levels, as I said, we continue to see downwards pressure on pricing in gas in Q4. The liquid basins, we saw pricing basically being flat, some contracts being up, and some contacts being down. Now how this is going to evolve, I think, is still uncertain at this stage, right? There is obviously a chance that the continued flux of capacity from the gas basins into the liquid basins is going to have an impact on liquids pricing as well. We haven't really seen any downwards trend yet. But clearly, over the past quarter, the pricing has been flat, so that's basically where we stand on that. In terms of our view on North America land, like we said before, we remain committed to the markets.A horizontal well's production potential:
- Location: maturity, porosity, permeability, trapping, TOC, thickness, 3-D seismography, arrays
- Ability of horizontal bore to remain in target zone:
- Completion: fracking, drilling fluids, stages, method, sand, ceramics