3.5M for the frac and proppant. Just shows you how much work/materials are involved in the actual frac job.
Also very handy for people to see just how much work is involved in drilling and completing a well. Tangible = consumables/materials. Intangible = labour/service fees.dont kid yourself thinking this would be 18M in australia. the US is a very competitive market. You will never see these sort of prices in Australia. Everything is double the cost in Australia. So you can expect this to be a $30M AUD excercise here.
Rocket well, page-3
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