Driving stage counts per day higher has been the name of the game in completions over the past several years.
In this deep dive piece late-last year, we explored the frac efficiency trend in detail, documenting the success operators and pumpers were achieving. Versus 2016 frac cycle times, some operators have claimed more than 220% improvement in stages pumped per day.
Initially, hardware upgrades (i.e. switching to new gen wellsite storage) improved frac cycle times. But the really big gains made during the past 12-24 months are better explained by surface collaboration between operators and pumpers to optimize a host of operational factors.
As the quest to push stage counts higher goes on, the industry will leave no stone unturned. Frac iron is a stone that hasn’t really been turned over yet. It could be next.
In this deep dive, we look at an aspect of the frac site that appears to be ripe for technology-driven disruption and a replacement cycle.
There’s a lot more to this story…
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