Permian Basin Watch: Acreage quality appears to matter more than proppant load
Here is interesting analysis of 65 wells mostly in Reagan County in the Permian Basin for AEP Permian put on line during Nov 2013 through early Sep 2015.
Overall, we see improving results as shown in Figures 1 and 2. We also note that brute force - i.e., more proppant and longer laterals - is not necessarily driving the better results (Figures 3 and 4). Rather, better results appear to be coming from other factors such as high grading acreage, improved landing of the lateral, and placement of proppant within the formation (see the attached charts). Only after those factors are optimized does increased proppant load seem to drive improved results.
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