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(edited)

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Edited by Falcon

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Rystad number makes no sense to me - too big to be true (47 x 365 = 133,225 wells/year? there are probably fewer Hor wells than that: https://shaleprofile.com/2019/07/17/us-update-through-march-2019/); too small to be number of frac stages/day.

https://www.rystadenergy.com/newsevents/news/press-releases/us-fracking-rate-on-the-rise-again/

Is someone secretly placing single fracs on vertical wells (~1000 wells/year last I've check)? Or what are they smokin?

As per FracFocus peak activity in 2014 seen 26,500 wells frac'd (Hor, Vert & Directional); down to 15,200 in 2018.

image.png.26c2e9e778111277e284cd25604a1fce.png

Don't laugh too hard, mate

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(edited)

8 hours ago, DanilKa said:

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Edited by Falcon

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It's easy to see DanilKa's mistake:

365 X 365 = 133,225

The "47" was just left out.

My fingers get ahead of my brain sometimes, too.

 

 

  • Haha 2

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4 hours ago, David Maloney said:

It's easy to see DanilKa's mistake:

365 X 365 = 133,225

The "47" was just left out.

My fingers get ahead of my brain sometimes, too.

 

 

Brain fart indeed - wouldn't be mistaken calculating mentally... made a fool of myself

Chart with 2016 outlook above seems pretty accurate although not sure we'll reach 2014 level

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