Infill Thinking Lifting the O&G knowledge curve
Is frac sand replacing rigs? It would appear so in the US onshore recovery.
As unconventional drilling and completion science evolves, the industry’s surface footprint per barrel of oil produced is shrinking. A growing sub-surface footprint (which we can measure with sand) is replacing the surface sprawl.
With the US onshore recovery now moving past the one-year mark, we can see empirical data supporting this notion from the changes operators have made in methodology. This data supports the notion that prior peak production growth rates can be achieved with half the wells and half the rigs as before.
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