It's all pure spec until we find out more. But I think the smaller frac at Klebb was cost-based. If you don't need to pump half a million lbs of proppant but can get a good flow from a frac only 10% of that size, then it makes excellent commercial sense to do so.
We should know pretty much as soon as they open the well to flow again. Either that last 20% of frac fluid will flow back, followed by gas... or they'll flow back more than 100% of what they put in, which will have some pretty big implications.
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13.5¢ |
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| Open | High | Low | Value | Volume |
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