Greater Rockies, Rockies, Rocky Mountains, Niobrara, Denver Julesburg, Green River, Piceance, Hart Energy, Heard In The Field, Well Stimulation, Pressure Pumping, oil, natural gas, shale, fracking, oilfield services, dry gas, DUCs, hydraulic horespower

Rockies Service Pricing Stable, But Activity Gains Elusive

Well stimulation levels have bottomed in the Greater Rockies following 18 months of decline, though significant activity expansion isn't likely anytime soon, service providers tell Hart Energy.

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Midcontinent: DUCs Charge Up Demand For Pressure Pumping Services

Midcontinent service providers anticipate an increase in well stimulation pricing from the current average of $38,000 per stage, largely reflecting activity in the Scoop and Stack plays.

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Report: Demand Rising For Permian Well Stimulation

Permian service providers in Hart Energy’s Heard In The Field survey report an increase in both inquiries and work volume due to operators starting to complete DUCs.

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Workovers, DUCs First On Eagle Ford’s Agenda

Oil prices north of $55 are needed to stimulate fracking demand in the Eagle Ford Shale, according to participants of Hart Energy’s Heard In The Field survey.

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Efforts To Capture Acreage Sustain Some Bakken Drilling Programs

Well stimulation pricing in the Bakken Shale is shrinking, with price per stage dropping 10% over the last 90 days. Meanwhile, the market appears to be approaching a balance.

Marcellus, shale, completion, DUCs, fracking, Hart Energy, Heard In The Field, survey, report, pressure pumping, well stimulation, oilfield services, oil, gas, Appalachia

Completion Rate For Marcellus DUCs Down To 7.5 Days

Moving to multiwell zipper fracks could cut that time to five days, or by as much as 30% per well, according to participants of Hart Energy's Heard In The Field survey.

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Scoop, Stack Remain Midcontinent's Main Attraction

Fracking pricing in the Midcontinent edges upward due to more completions in the Scoop and Stack. Meanwhile, regional capacity takes a hit with crew count down to 13 from 25 since January.

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Cotton Valley, Eaglebine Offer Some Service Providers Hope

Tough times and low demand add pressure on service providers in dry gas basins as operators “slow-walk” payment for services. Meanwhile, Eaglebine and Cotton Valley activity offers stability for some.

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Permian Well Stimulation Takes A Steep Dive

Service providers note crew count is down to 22 in the Permian while effective capacity has declined as the market remains challenged by sub-$50 oil.

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Operators Leaving Eagle Ford Shale For Northern Skies

Oil and gas operators are switching activity to the Permian Basin, reflected partially by the steep collapse in Eagle Ford well stimulation capacity, according to Hart Energy’s Heard In The Field report.

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Well Stimulation Services Shrink In The Bakken By 70%

Fewer than a dozen pressure pumping fleets are currently active in the Bakken Shale as many operators suspend drilling and completion activity until commodity prices recover.

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Has Well Stimulation Pricing Bottomed In The Marcellus?

Winter-time natural gas demand has kept activity for Marcellus well stimulation providers steady, albeit at low levels. In the meantime, providers wait for prices to improve.