According to Oasis' most recent presentation, the cost of a 36-stage fracked well:
- Ceramic/sand mix: $10 million
- Sand only frack: $9.2 million
Oasis Well Services - in-house pressure pumping
- operations to begin 1Q12
- will result in savings of $0.8 to $1.0 million/well on 20 net wells/year
Mother Was a Roughneck, Jalan Crossland
Article from Dickinson press. MDU planning to build $500 diesel refinery near Dickinson. ND drank 1 billion gallons of diesel last year, 1 rig takes 3000 gallons per day? Wow.
ReplyDelete$500 million refinery near Dickinson, ND.
DeleteI posted the story here:
http://milliondollarway.blogspot.com/2012/02/2nd-diesel-refinery-in-works-for-north.html
The odds of an oil refinery near Dickinson is somewhere between Nil and Zilch, and I think Nil just pulled ahead.
Why not convert the drilling rigs over to propane-butane or natural gas we run rigs on butane in the 1950s and 60s
ReplyDeleteOthers will have to chime in. I don't know. My hunch is that these guys know what they are doing.
Delete