You see it in some plays, i.e. Nobrara, but not across the board. Thoughts?
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Permalink Reply by CG on Not enough quality frac crews to meet the prices the service companies are looking to get for their services. A lot of workers left the industry and didn't come back after the downturn.
Permalink Reply by Skip Peel - Mineral Consultant on Yep, frac crews have been in short supply for awhile now. Additionally, development patterns have changed and that has impacted the number of DUCs. It is now somewhat rare to see a crew brought in for a single Haynesville or Cotton Valley well in Louisiana. Completions operations are now performed on multiple wells sequentially. Zipper fracs and multi-well completion ops are the new normal. This also helps to control costs and boost return. The only constraining factor is take away capacity. It takes a lot of pipe to handle that much gas.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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