Pad Density Trends In The Eagle Ford #onshore #unconventional #eaglefordshale #oilservicesequipment

By 19th November 2015 Industry News No Comments

Operators regularly report that they are gaining efficiencies and saving CAPEX by increasing the number of wells per pad. This impacts all areas of the supply chain and further decouples the notion of “one sale, one well” for oilfield service companies.

Shift to Multi-well Pads

The following charts illustrate the increase in the well density per pad by the year the wells are permitted.

Key highlights include the following:

Shift in 2-well pads making up almost 50% of the multi-well pads in
2011 to below 25% in 2015
3-well and 4-well make up 50% of Eagle Ford
pad designs starting in 2013 and trend continuing through 2015
2-well pads losing share to much larger 5+-well pad designs

Read more about Eagle Ford pad trend implications.