The simulfrac trend is spreading fast in shale, and rightly so.
Whatever frac efficiency metric you look at – whether it’s stages/crew day or stimulated feet per month or pumping hours per quarter or time on location – the step changes simulfracs are delivering are disruptive and mindblowing.
The implications for industry’s value chain are numerous and multi-faceted. In this installment of our exploration of market ripples, we discuss implications for E&P capex spending patterns…
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