1st six months of 2018 are 10 times the months leading up to january 2018. What was the cost
to achieve this recompletion?
Public companies that make quarterly reports have stated re-frac costs of approximately $2M. QEP has completed a lot of re-fracs over the last 2 to 3 years and a number of their wells show similar new production profiles. Many original unit wells, 2008 to 2014, were short laterals with poor stimulation (low proppant loads compared to current well designs). Even with good rock, those wells declined quickly. It takes time to pick out the wells that have been re-fraced so I encourage members to post when they know their well(s) have been re-completed/repaired.
|REFERENCE NUMBER||APPLICATION DATE||EXPIRATION DATE||WORK PERMIT TYPE||WORK PERMIT STATUS||WORK PERMIT STATUS_DATE||TOTAL DEPTH||WORK_PERFORMED||DOCUMENTATION RECEIPT DATE||TEST SAND||WORK DESCRIPTION|
|1216-17-3-14||11/13/2017||11/09/2018||HYDRAULIC FRACTURE STIMULATION||APPROVED||11/13/2017||16446||Y||PERF & FRAC 11932-16342' REPAIR|