Random Comment Regarding Fracking Spreads in the Bakken -- Backlog Continues To Worsen -- The Williston Basin, North Dakota, USA

According to Triangle Petroleum, corporate presentation, January, 2012

• Operators with 4 rigs or less make up approximately 40% of the market and are grossly underserved by incumbent services companies struggling to maintain pace with demand from larger customers
• Current idle well inventory waiting on fracturing services is estimated at +400 wells with an estimated market of +$4 billion and growing
• Estimated backlog of 350-400 wells Waiting on Completion (WOC) 

This blog noted some time ago that smaller operators were last in the queue to get fracking scheduled; this seems to confirm that observation

The industry said in 2Q11 that it would catch up with fracking by 3Q/4Q11. In fact, the backlog appears to be worsening.

I am aware that Oasis, Triangle, and Chesapeake have their own fracking spreads; in addition, some operators have contracted out to dedicated fracking spreads if they don't have wholly-owned subsidiaries.