Fracture Network News

US Re-fracking Balloons to 550 Wells

The horizontal re-frac market within the US onshore scene has boomed in the recent years, with the number of horizontal re-frac jobs increasing every year over the last 10 years, said a report.According to Rystad Energy, the energy research and business intelligence company, in 2009, fewer than 10 wells were re-fracked, but in 2018 that number ballooned to more than 550 wells.New 2018 data is still preliminary amid some reporting delays for frac jobs in the fourth quarter of 2018. However Rystad Energy’s initial analysis reveals some interesting insights regarding the state of re-fracking.One key takeaway is that, despite an increase in the number of re-fracked wells…

Hurricane Energy Buoyed by Post-well Analysis Results

Hurricane Energy plc, the UK-based oil and gas company, announced having substantially completed post-well data analysis following the successful testing of the 1km horizontal appraisal well 205/21a-6 in Q2 2014 at the Company's Lancaster oil discovery West of Shetland. The well was optimally located to benefit from a highly connected fault/fracture network and an underlying 300m oil column (Hurricane's - 2C estimate of field ODT). The results from third party analysis combine to demonstrate a very good quality reservoir which could deliver single well rates of 20,000 STB/d - significantly ahead of initial expectations of well productivity.