Here is a graph showing Apache's average proppant pounds per foot by year by type of frac in the Anadarko, Palo Duro, Permian, and Gulf Coast basins -- also graphed in seconds in oseFrac's new pivot table feature. You'll need to visit frac.oseberg.io to activate your free 7 day trial to discover what may be behind this trend.
Texas Intents to Drill
Diamondback Energy is constantly filing more and more intents to drill. Currently, they are running 11 drilling rigs in the Permian with hopes of increasing production by 40%.
- As activity in the Permian continues to grow, the region has faced other issues, primarily the inability to transport oil and gas. Price differentials continue to increase, keep watch of this issue to see if this affects future drilling activity.