Topic: BJ Services

Ask-the-Analyst May 2019

Friday 5/31Ask-the-Analyst: Todd Bush, Boyd Skelton, and James Jang, M.Sc.. On average, how many days did Permian operators take to file completion reports to TRRC? Find out in the comment section below on Monday! #OilandGas #Energy #shaleIn the Permian, it took about 5 months to report their completion activity. However, Delaware operators took a few more days (8 days).Tuesday 5/28Ask-the-Analyst: Todd Bush, Boyd Skelton, and Luke Smith. Which basin had the highest per well proppant usage for horizontal wells? Analyst...

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Slawson Exploration Completions 2018

Well Highlights from Haynesville, Marcellus, & Williston

Slawson Exploration completes multiple 2 mile laterals in Williston (2018-12-25, 2018-12-26, 2018-12-27) Three wells were completed in late 2018 by subsidiary Slawson Exploration Company in Mountrail County, North Dakota. They are among the top five performing Slawson wells in a five mile radius in 2018. Production data is limited in this case since the three wells were completed in December. However, based on initial production the Torpedo Federal 6H, 7H, and 8H are among the company's top performing new wells in...

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Is History Repeating in the US Pressure Pumping Market?

Since 2012, the percantage of horizontal rigs running in the Permian Basin has steadily increased. The percent of horizontal rigs in the Permian grew from 14% in January 2013 to 27% in January 2015. Now, the Permian accounts for over 42% of the active horizontal rigs in the US land market.This year the Permian gained 100 horizontal rigs, a 46% increase in horizontally directed rigs. The year-over-year horizontal rig increase is a staggering 174% for the prolific basin. At this...

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Proppant Insights: Can a Legacy Pressure Pumper Return to Former Glory?

Well services companies suffered through harsh conditions during the last 18 to 24 months. Weatherford (NYSE: WFT), along with many others, are no longer in hydraulic fracturing business. BJ Services returns to a much different Lower 48 well services landscape.Halliburton (NYSE: HAL) gained strength in the Lower 48 market moving from 27% in 2015 to 30% in 2016. Schlumberger (NYSE: SLB) is the number two pressure pumper in the Lower 48 with ties to large independents in the Eagle Ford...

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