Friday, February 24, 2012

Random Comment On Cost of Fracking -- The Bakken, North Dakota, USA

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