- Tight Gas & Oil
- Gas Hydrates
A challenging market in the Bakken Shale sees contractors cutting wages, bundling services and pursuing routine maintenance jobs. Contractors report a job mix that is 89% routine maintenance.
Demand for pressure pumping services in the Bakken Shale is flat, the inventory of drilled but uncompleted wells is rising, and pricing is off 18% vs. August.
The volume of sand use per well has dropped as Bakken operators seek additional cost savings. Average sand per well is 5 million pounds, down from 6 million pounds 90 days ago.