Completions well-delivery planning simulator - prototype Discrete-event pad simulation + rate-card cost model + type-curve economics, built from first principles. All inputs are synthetic (config.json); nothing here is calibrated to a real operator or vendor.
2,970 scenarios swept (15 bids x 22 designs x 9 efficiencies)
4.2 s sweep runtime, single core (1.4 ms/scenario)
$3.95M completion cost/well, base 10k zipper, cheapest bid
41.1 d pad cycle time P50 (P10 39.7 / P90 42.7)
9.2 stages/day, 17.5 pump h/day
2.4% / 3.8% holdout error after calibration: cycle time / cost
1. Pad Gantt and cycle time by phase One stochastic realisation of the base pad (4 wells x 50 stages, zipper, bid: Bravo Pressure / e_fleet). Every wireline run and frac stage is an event; hover any bar for detail.
Full pad Prep Frac rig-up/down Wireline plug&perf Pumping Swap / pressure test NPT Drillout Rig-out / flowback
Pad Frac spread Well 1 Well 2 Well 3 Well 4 Pad: pad & toe prep | day 0.00, 9369 min Frac spread: frac rig-up | day 6.51, 2069 min Frac spread: swap/test | day 7.94, 27 min Well 1: frac stg 1 | day 7.96, 122 min Well 1: plug&perf stg 2 | day 8.05, 106 min Frac spread: swap/test | day 8.05, 26 min Well 2: frac stg 1 | day 8.06, 124 min Well 2: plug&perf stg 2 | day 8.15, 113 min Frac spread: swap/test | day 8.15, 26 min Well 3: frac stg 1 | day 8.17, 128 min Well 3: plug&perf stg 2 | day 8.26, 97 min Frac spread: swap/test | day 8.26, 24 min Well 4: frac stg 1 | day 8.27, 109 min Well 4: plug&perf stg 2 | day 8.35, 107 min Frac spread: swap/test | day 8.35, 29 min Well 1: frac stg 2 | day 8.37, 109 min Well 1: plug&perf stg 3 | day 8.45, 100 min Frac spread: swap/test | day 8.45, 30 min Well 2: frac stg 2 | day 8.47, 120 min Well 2: plug&perf stg 3 | day 8.55, 96 min Frac spread: swap/test | day 8.55, 21 min Well 3: frac stg 2 | day 8.56, 113 min Well 3: plug&perf stg 3 | day 8.64, 120 min Frac spread: swap/test | day 8.64, 23 min Well 4: frac stg 2 | day 8.66, 118 min Well 4: plug&perf stg 3 | day 8.74, 98 min Frac spread: swap/test | day 8.74, 29 min Frac spread: NPT | day 8.84, 492 min Well 1: frac stg 3 | day 8.76, 109 min Well 1: NPT | day 8.84, 492 min Well 1: plug&perf stg 4 | day 9.18, 103 min Frac spread: swap/test | day 9.18, 27 min Well 2: frac stg 3 | day 9.20, 117 min Well 2: plug&perf stg 4 | day 9.28, 108 min Frac spread: swap/test | day 9.28, 24 min Well 3: frac stg 3 | day 9.29, 113 min Well 3: plug&perf stg 4 | day 9.37, 106 min Frac spread: swap/test | day 9.37, 25 min Well 4: frac stg 3 | day 9.39, 107 min Well 4: plug&perf stg 4 | day 9.46, 99 min Frac spread: swap/test | day 9.46, 33 min Well 1: frac stg 4 | day 9.49, 113 min Well 1: plug&perf stg 5 | day 9.57, 99 min Frac spread: swap/test | day 9.57, 25 min Well 2: frac stg 4 | day 9.58, 113 min Well 2: plug&perf stg 5 | day 9.66, 94 min Frac spread: swap/test | day 9.66, 21 min Well 3: frac stg 4 | day 9.68, 113 min Well 3: plug&perf stg 5 | day 9.75, 107 min Frac spread: swap/test | day 9.75, 21 min Well 4: frac stg 4 | day 9.77, 116 min Well 4: plug&perf stg 5 | day 9.85, 93 min Frac spread: swap/test | day 9.85, 32 min Well 1: frac stg 5 | day 9.87, 111 min Well 1: plug&perf stg 6 | day 9.95, 110 min Frac spread: swap/test | day 9.95, 29 min Well 2: frac stg 5 | day 9.97, 110 min Well 2: plug&perf stg 6 | day 10.05, 97 min Frac spread: swap/test | day 10.05, 38 min Frac spread: NPT | day 10.15, 240 min Well 3: frac stg 5 | day 10.07, 113 min Well 3: NPT | day 10.15, 240 min Well 3: plug&perf stg 6 | day 10.32, 103 min Frac spread: swap/test | day 10.32, 29 min Well 4: frac stg 5 | day 10.34, 117 min Well 4: plug&perf stg 6 | day 10.42, 113 min Frac spread: swap/test | day 10.42, 27 min Well 1: frac stg 6 | day 10.44, 120 min Well 1: plug&perf stg 7 | day 10.52, 103 min Frac spread: swap/test | day 10.52, 26 min Well 2: frac stg 6 | day 10.54, 119 min Well 2: plug&perf stg 7 | day 10.62, 107 min Frac spread: swap/test | day 10.62, 30 min Well 3: frac stg 6 | day 10.64, 118 min Well 3: plug&perf stg 7 | day 10.72, 89 min Frac spread: swap/test | day 10.72, 33 min Well 4: frac stg 6 | day 10.75, 102 min Well 4: plug&perf stg 7 | day 10.82, 98 min Frac spread: swap/test | day 10.82, 29 min Well 1: frac stg 7 | day 10.84, 117 min Well 1: plug&perf stg 8 | day 10.92, 115 min Frac spread: swap/test | day 10.92, 27 min Well 2: frac stg 7 | day 10.94, 122 min Well 2: plug&perf stg 8 | day 11.02, 97 min Frac spread: swap/test | day 11.02, 23 min Well 3: frac stg 7 | day 11.04, 113 min Well 3: plug&perf stg 8 | day 11.12, 96 min Frac spread: swap/test | day 11.12, 27 min Well 4: frac stg 7 | day 11.13, 117 min Well 4: plug&perf stg 8 | day 11.22, 102 min Frac spread: swap/test | day 11.22, 29 min Frac spread: NPT | day 11.32, 40 min Well 1: frac stg 8 | day 11.24, 127 min Well 1: NPT | day 11.32, 40 min Well 1: plug&perf stg 9 | day 11.35, 103 min Frac spread: swap/test | day 11.35, 37 min Well 2: frac stg 8 | day 11.38, 114 min Well 2: plug&perf stg 9 | day 11.46, 93 min Frac spread: swap/test | day 11.46, 48 min Well 3: frac stg 8 | day 11.49, 112 min Well 3: plug&perf stg 9 | day 11.57, 107 min Frac spread: swap/test | day 11.57, 23 min Well 4: frac stg 8 | day 11.58, 114 min Well 4: plug&perf stg 9 | day 11.66, 97 min Frac spread: swap/test | day 11.66, 22 min Well 1: frac stg 9 | day 11.68, 115 min Well 1: plug&perf stg 10 | day 11.76, 93 min Frac spread: swap/test | day 11.76, 24 min Well 2: frac stg 9 | day 11.77, 117 min Well 2: plug&perf stg 10 | day 11.86, 102 min Frac spread: swap/test | day 11.86, 24 min Well 3: frac stg 9 | day 11.87, 113 min Well 3: plug&perf stg 10 | day 11.95, 90 min Frac spread: swap/test | day 11.95, 23 min Well 4: frac stg 9 | day 11.97, 108 min Well 4: plug&perf stg 10 | day 12.04, 106 min Frac spread: swap/test | day 12.04, 33 min Well 1: frac stg 10 | day 12.06, 121 min Well 1: plug&perf stg 11 | day 12.15, 105 min Frac spread: swap/test | day 12.15, 22 min Well 2: frac stg 10 | day 12.16, 123 min Well 2: plug&perf stg 11 | day 12.25, 90 min Frac spread: swap/test | day 12.25, 29 min Well 3: frac stg 10 | day 12.27, 122 min Well 3: plug&perf stg 11 | day 12.35, 101 min Frac spread: swap/test | day 12.35, 27 min Well 4: frac stg 10 | day 12.37, 118 min Well 4: plug&perf stg 11 | day 12.45, 116 min Frac spread: swap/test | day 12.45, 28 min Well 1: frac stg 11 | day 12.47, 103 min Well 1: plug&perf stg 12 | day 12.55, 92 min Frac spread: swap/test | day 12.55, 31 min Well 2: frac stg 11 | day 12.57, 113 min Well 2: plug&perf stg 12 | day 12.65, 105 min Frac spread: swap/test | day 12.65, 27 min Well 3: frac stg 11 | day 12.66, 120 min Well 3: plug&perf stg 12 | day 12.75, 98 min Frac spread: swap/test | day 12.75, 30 min Well 4: frac stg 11 | day 12.77, 118 min Well 4: plug&perf stg 12 | day 12.85, 103 min Frac spread: swap/test | day 12.85, 36 min Well 1: frac stg 12 | day 12.88, 114 min Well 1: plug&perf stg 13 | day 12.95, 101 min Frac spread: swap/test | day 12.95, 35 min Well 2: frac stg 12 | day 12.98, 121 min Well 2: plug&perf stg 13 | day 13.06, 96 min Frac spread: swap/test | day 13.06, 28 min Well 3: frac stg 12 | day 13.08, 103 min Well 3: plug&perf stg 13 | day 13.15, 91 min Frac spread: swap/test | day 13.15, 30 min Well 4: frac stg 12 | day 13.18, 110 min Well 4: plug&perf stg 13 | day 13.25, 93 min Frac spread: swap/test | day 13.25, 22 min Well 1: frac stg 13 | day 13.27, 115 min Well 1: plug&perf stg 14 | day 13.35, 103 min Frac spread: swap/test | day 13.35, 43 min Well 2: frac stg 13 | day 13.38, 113 min Well 2: plug&perf stg 14 | day 13.46, 99 min Frac spread: swap/test | day 13.46, 35 min Well 3: frac stg 13 | day 13.48, 120 min Well 3: plug&perf stg 14 | day 13.56, 94 min Frac spread: swap/test | day 13.56, 29 min Well 4: frac stg 13 | day 13.58, 122 min Well 4: plug&perf stg 14 | day 13.67, 88 min Frac spread: swap/test | day 13.67, 26 min Well 1: frac stg 14 | day 13.69, 114 min Well 1: plug&perf stg 15 | day 13.77, 98 min Frac spread: swap/test | day 13.77, 28 min Well 2: frac stg 14 | day 13.79, 112 min Well 2: plug&perf stg 15 | day 13.86, 89 min Frac spread: swap/test | day 13.86, 29 min Well 3: frac stg 14 | day 13.88, 112 min Well 3: plug&perf stg 15 | day 13.96, 108 min Frac spread: swap/test | day 13.96, 31 min Well 4: frac stg 14 | day 13.98, 121 min Well 4: plug&perf stg 15 | day 14.07, 79 min Frac spread: swap/test | day 14.07, 20 min Well 1: frac stg 15 | day 14.08, 104 min Well 1: plug&perf stg 16 | day 14.15, 87 min Frac spread: swap/test | day 14.15, 27 min Well 2: frac stg 15 | day 14.17, 115 min Well 2: plug&perf stg 16 | day 14.25, 112 min Frac spread: swap/test | day 14.25, 36 min Well 3: frac stg 15 | day 14.28, 123 min Well 3: plug&perf stg 16 | day 14.36, 95 min Frac spread: swap/test | day 14.36, 29 min Well 4: frac stg 15 | day 14.38, 118 min Well 4: plug&perf stg 16 | day 14.46, 104 min Frac spread: swap/test | day 14.46, 31 min Well 1: frac stg 16 | day 14.49, 123 min Well 1: plug&perf stg 17 | day 14.57, 101 min Frac spread: swap/test | day 14.57, 30 min Well 2: frac stg 16 | day 14.59, 107 min Well 2: plug&perf stg 17 | day 14.67, 95 min Frac spread: swap/test | day 14.67, 25 min Well 3: frac stg 16 | day 14.68, 108 min Well 3: plug&perf stg 17 | day 14.76, 93 min Frac spread: swap/test | day 14.76, 24 min Well 4: frac stg 16 | day 14.78, 116 min Well 4: plug&perf stg 17 | day 14.86, 103 min Frac spread: swap/test | day 14.86, 30 min Well 1: frac stg 17 | day 14.88, 116 min Well 1: plug&perf stg 18 | day 14.96, 111 min Frac spread: swap/test | day 14.96, 30 min Well 2: frac stg 17 | day 14.98, 113 min Well 2: plug&perf stg 18 | day 15.06, 109 min Frac spread: swap/test | day 15.06, 33 min Well 3: frac stg 17 | day 15.08, 119 min Well 3: plug&perf stg 18 | day 15.16, 114 min Frac spread: swap/test | day 15.16, 27 min Well 4: frac stg 17 | day 15.18, 108 min Well 4: plug&perf stg 18 | day 15.26, 107 min Frac spread: swap/test | day 15.26, 25 min Well 1: frac stg 18 | day 15.27, 111 min Well 1: plug&perf stg 19 | day 15.35, 93 min Frac spread: swap/test | day 15.35, 30 min Well 2: frac stg 18 | day 15.37, 122 min Well 2: plug&perf stg 19 | day 15.46, 85 min Frac spread: swap/test | day 15.46, 26 min Well 3: frac stg 18 | day 15.47, 136 min Well 3: plug&perf stg 19 | day 15.57, 306 min Frac spread: swap/test | day 15.57, 25 min Well 4: frac stg 18 | day 15.58, 106 min Frac spread: swap/test | day 15.66, 24 min Well 1: frac stg 19 | day 15.68, 118 min Frac spread: swap/test | day 15.76, 32 min Well 2: frac stg 19 | day 15.78, 110 min Well 4: plug&perf stg 19 | day 15.78, 95 min Well 1: plug&perf stg 20 | day 15.85, 94 min Frac spread: swap/test | day 15.86, 25 min Well 3: frac stg 19 | day 15.87, 106 min Well 2: plug&perf stg 20 | day 15.91, 86 min Frac spread: swap/test | day 15.95, 27 min Well 4: frac stg 19 | day 15.97, 115 min Well 3: plug&perf stg 20 | day 15.97, 98 min Well 4: plug&perf stg 20 | day 16.05, 89 min Frac spread: swap/test | day 16.05, 26 min Well 1: frac stg 20 | day 16.06, 113 min Well 1: plug&perf stg 21 | day 16.14, 111 min Frac spread: swap/test | day 16.14, 26 min Well 2: frac stg 20 | day 16.16, 116 min Well 2: plug&perf stg 21 | day 16.24, 89 min Frac spread: swap/test | day 16.24, 24 min Well 3: frac stg 20 | day 16.26, 116 min Well 3: plug&perf stg 21 | day 16.34, 202 min Frac spread: swap/test | day 16.34, 35 min Well 4: frac stg 20 | day 16.36, 117 min Frac spread: swap/test | day 16.44, 26 min Well 1: frac stg 21 | day 16.46, 109 min Well 4: plug&perf stg 21 | day 16.48, 82 min Well 1: plug&perf stg 22 | day 16.54, 84 min Frac spread: swap/test | day 16.54, 30 min Well 2: frac stg 21 | day 16.56, 113 min Well 2: plug&perf stg 22 | day 16.64, 84 min Frac spread: swap/test | day 16.64, 25 min Frac spread: NPT | day 16.73, 614 min Well 3: frac stg 21 | day 16.65, 111 min Well 3: NPT | day 16.73, 614 min Well 3: plug&perf stg 22 | day 17.16, 104 min Frac spread: swap/test | day 17.16, 22 min Well 4: frac stg 21 | day 17.17, 118 min Well 4: plug&perf stg 22 | day 17.25, 85 min Frac spread: swap/test | day 17.25, 26 min Well 1: frac stg 22 | day 17.27, 113 min Well 1: plug&perf stg 23 | day 17.35, 85 min Frac spread: swap/test | day 17.35, 25 min Well 2: frac stg 22 | day 17.37, 118 min Well 2: plug&perf stg 23 | day 17.45, 92 min Frac spread: swap/test | day 17.45, 29 min Well 3: frac stg 22 | day 17.47, 108 min Well 3: plug&perf stg 23 | day 17.55, 91 min Frac spread: swap/test | day 17.55, 25 min Well 4: frac stg 22 | day 17.56, 106 min Well 4: plug&perf stg 23 | day 17.64, 95 min Frac spread: swap/test | day 17.64, 34 min Well 1: frac stg 23 | day 17.66, 117 min Well 1: plug&perf stg 24 | day 17.74, 99 min Frac spread: swap/test | day 17.74, 24 min Well 2: frac stg 23 | day 17.76, 114 min Well 2: plug&perf stg 24 | day 17.84, 90 min Frac spread: swap/test | day 17.84, 29 min Well 3: frac stg 23 | day 17.86, 122 min Well 3: plug&perf stg 24 | day 17.94, 93 min Frac spread: swap/test | day 17.94, 33 min Well 4: frac stg 23 | day 17.96, 112 min Well 4: plug&perf stg 24 | day 18.04, 101 min Frac spread: swap/test | day 18.04, 26 min Well 1: frac stg 24 | day 18.06, 117 min Well 1: plug&perf stg 25 | day 18.14, 82 min Frac spread: swap/test | day 18.14, 30 min Well 2: frac stg 24 | day 18.16, 113 min Well 2: plug&perf stg 25 | day 18.24, 81 min Frac spread: swap/test | day 18.24, 32 min Well 3: frac stg 24 | day 18.26, 115 min Well 3: plug&perf stg 25 | day 18.34, 86 min Frac spread: swap/test | day 18.34, 23 min Well 4: frac stg 24 | day 18.36, 118 min Well 4: plug&perf stg 25 | day 18.44, 80 min Frac spread: swap/test | day 18.44, 24 min Frac spread: NPT | day 18.53, 26 min Well 1: frac stg 25 | day 18.46, 103 min Well 1: NPT | day 18.53, 26 min Well 1: plug&perf stg 26 | day 18.55, 103 min Frac spread: swap/test | day 18.55, 37 min Frac spread: NPT | day 18.65, 84 min Well 2: frac stg 25 | day 18.57, 109 min Well 2: NPT | day 18.65, 84 min Well 2: plug&perf stg 26 | day 18.71, 92 min Frac spread: swap/test | day 18.71, 26 min Well 3: frac stg 25 | day 18.73, 109 min Well 3: plug&perf stg 26 | day 18.80, 91 min Frac spread: swap/test | day 18.80, 26 min Well 4: frac stg 25 | day 18.82, 111 min Well 4: plug&perf stg 26 | day 18.90, 80 min Frac spread: swap/test | day 18.90, 31 min Well 1: frac stg 26 | day 18.92, 112 min Well 1: plug&perf stg 27 | day 19.00, 78 min Frac spread: swap/test | day 19.00, 33 min Well 2: frac stg 26 | day 19.02, 113 min Well 2: plug&perf stg 27 | day 19.10, 101 min Frac spread: swap/test | day 19.10, 30 min Well 3: frac stg 26 | day 19.12, 115 min Well 3: plug&perf stg 27 | day 19.20, 76 min Frac spread: swap/test | day 19.20, 36 min Well 4: frac stg 26 | day 19.22, 121 min Well 4: plug&perf stg 27 | day 19.31, 77 min Frac spread: swap/test | day 19.31, 24 min Well 1: frac stg 27 | day 19.32, 115 min Well 1: plug&perf stg 28 | day 19.40, 92 min Frac spread: swap/test | day 19.40, 26 min Well 2: frac stg 27 | day 19.42, 106 min Well 2: plug&perf stg 28 | day 19.49, 97 min Frac spread: swap/test | day 19.49, 26 min Well 3: frac stg 27 | day 19.51, 111 min Well 3: plug&perf stg 28 | day 19.59, 84 min Frac spread: swap/test | day 19.59, 33 min Well 4: frac stg 27 | day 19.61, 114 min Well 4: plug&perf stg 28 | day 19.69, 86 min Frac spread: swap/test | day 19.69, 39 min Well 1: frac stg 28 | day 19.72, 118 min Well 1: plug&perf stg 29 | day 19.80, 84 min Frac spread: swap/test | day 19.80, 29 min Well 2: frac stg 28 | day 19.82, 108 min Well 2: plug&perf stg 29 | day 19.89, 109 min Frac spread: swap/test | day 19.89, 20 min Well 3: frac stg 28 | day 19.91, 113 min Well 3: plug&perf stg 29 | day 19.99, 83 min Frac spread: swap/test | day 19.99, 23 min Well 4: frac stg 28 | day 20.00, 108 min Well 4: plug&perf stg 29 | day 20.08, 77 min Frac spread: swap/test | day 20.08, 30 min Well 1: frac stg 29 | day 20.10, 121 min Well 1: plug&perf stg 30 | day 20.18, 93 min Frac spread: swap/test | day 20.18, 27 min Well 2: frac stg 29 | day 20.20, 114 min Well 2: plug&perf stg 30 | day 20.28, 87 min Frac spread: swap/test | day 20.28, 25 min Well 3: frac stg 29 | day 20.30, 108 min Well 3: plug&perf stg 30 | day 20.37, 84 min Frac spread: swap/test | day 20.37, 28 min Well 4: frac stg 29 | day 20.39, 109 min Well 4: plug&perf stg 30 | day 20.47, 90 min Frac spread: swap/test | day 20.47, 27 min Well 1: frac stg 30 | day 20.49, 113 min Well 1: plug&perf stg 31 | day 20.57, 92 min Frac spread: swap/test | day 20.57, 28 min Well 2: frac stg 30 | day 20.59, 115 min Well 2: plug&perf stg 31 | day 20.67, 81 min Frac spread: swap/test | day 20.67, 28 min Well 3: frac stg 30 | day 20.68, 108 min Well 3: plug&perf stg 31 | day 20.76, 87 min Frac spread: swap/test | day 20.76, 22 min Well 4: frac stg 30 | day 20.78, 118 min Well 4: plug&perf stg 31 | day 20.86, 92 min Frac spread: swap/test | day 20.86, 39 min Well 1: frac stg 31 | day 20.88, 107 min Well 1: plug&perf stg 32 | day 20.96, 96 min Frac spread: swap/test | day 20.96, 23 min Well 2: frac stg 31 | day 20.97, 116 min Well 2: plug&perf stg 32 | day 21.05, 82 min Frac spread: swap/test | day 21.05, 26 min Well 3: frac stg 31 | day 21.07, 114 min Well 3: plug&perf stg 32 | day 21.15, 82 min Frac spread: swap/test | day 21.15, 21 min Well 4: frac stg 31 | day 21.17, 111 min Well 4: plug&perf stg 32 | day 21.24, 74 min Frac spread: swap/test | day 21.24, 30 min Well 1: frac stg 32 | day 21.27, 111 min Well 1: plug&perf stg 33 | day 21.34, 75 min Frac spread: swap/test | day 21.34, 28 min Well 2: frac stg 32 | day 21.36, 107 min Well 2: plug&perf stg 33 | day 21.44, 95 min Frac spread: swap/test | day 21.44, 24 min Well 3: frac stg 32 | day 21.45, 121 min Well 3: plug&perf stg 33 | day 21.54, 96 min Frac spread: swap/test | day 21.54, 27 min Well 4: frac stg 32 | day 21.56, 115 min Well 4: plug&perf stg 33 | day 21.64, 100 min Frac spread: swap/test | day 21.64, 33 min Well 1: frac stg 33 | day 21.66, 117 min Well 1: plug&perf stg 34 | day 21.74, 81 min Frac spread: swap/test | day 21.74, 29 min Well 2: frac stg 33 | day 21.76, 107 min Well 2: plug&perf stg 34 | day 21.84, 89 min Frac spread: swap/test | day 21.84, 29 min Well 3: frac stg 33 | day 21.86, 120 min Well 3: plug&perf stg 34 | day 21.94, 86 min Frac spread: swap/test | day 21.94, 21 min Well 4: frac stg 33 | day 21.95, 116 min Well 4: plug&perf stg 34 | day 22.03, 86 min Frac spread: swap/test | day 22.03, 24 min Well 1: frac stg 34 | day 22.05, 114 min Well 1: plug&perf stg 35 | day 22.13, 85 min Frac spread: swap/test | day 22.13, 22 min Well 2: frac stg 34 | day 22.15, 114 min Well 2: plug&perf stg 35 | day 22.22, 86 min Frac spread: swap/test | day 22.22, 30 min Well 3: frac stg 34 | day 22.25, 110 min Well 3: plug&perf stg 35 | day 22.32, 91 min Frac spread: swap/test | day 22.32, 23 min Frac spread: NPT | day 22.42, 75 min Well 4: frac stg 34 | day 22.34, 116 min Well 4: NPT | day 22.42, 75 min Well 4: plug&perf stg 35 | day 22.47, 86 min Frac spread: swap/test | day 22.47, 30 min Well 1: frac stg 35 | day 22.49, 110 min Well 1: plug&perf stg 36 | day 22.57, 277 min Frac spread: swap/test | day 22.57, 22 min Well 2: frac stg 35 | day 22.58, 113 min Frac spread: swap/test | day 22.66, 26 min Well 3: frac stg 35 | day 22.68, 117 min Frac spread: swap/test | day 22.76, 26 min Well 4: frac stg 35 | day 22.78, 116 min Well 2: plug&perf stg 36 | day 22.76, 78 min Well 3: plug&perf stg 36 | day 22.81, 82 min Frac spread: swap/test | day 22.86, 36 min Well 1: frac stg 36 | day 22.88, 125 min Well 4: plug&perf stg 36 | day 22.87, 87 min Well 1: plug&perf stg 37 | day 22.97, 89 min Frac spread: swap/test | day 22.97, 32 min Well 2: frac stg 36 | day 22.99, 102 min Well 2: plug&perf stg 37 | day 23.06, 83 min Frac spread: swap/test | day 23.06, 26 min Well 3: frac stg 36 | day 23.08, 116 min Well 3: plug&perf stg 37 | day 23.16, 95 min Frac spread: swap/test | day 23.16, 26 min Well 4: frac stg 36 | day 23.18, 121 min Well 4: plug&perf stg 37 | day 23.26, 82 min Frac spread: swap/test | day 23.26, 28 min Well 1: frac stg 37 | day 23.28, 107 min Well 1: plug&perf stg 38 | day 23.36, 83 min Frac spread: swap/test | day 23.36, 27 min Well 2: frac stg 37 | day 23.38, 103 min Well 2: plug&perf stg 38 | day 23.45, 88 min Frac spread: swap/test | day 23.45, 25 min Well 3: frac stg 37 | day 23.47, 105 min Well 3: plug&perf stg 38 | day 23.54, 83 min Frac spread: swap/test | day 23.54, 23 min Well 4: frac stg 37 | day 23.56, 123 min Well 4: plug&perf stg 38 | day 23.64, 74 min Frac spread: swap/test | day 23.64, 30 min Frac spread: NPT | day 23.75, 76 min Well 1: frac stg 38 | day 23.66, 125 min Well 1: NPT | day 23.75, 76 min Well 1: plug&perf stg 39 | day 23.80, 90 min Frac spread: swap/test | day 23.80, 27 min Well 2: frac stg 38 | day 23.82, 106 min Well 2: plug&perf stg 39 | day 23.89, 90 min Frac spread: swap/test | day 23.89, 30 min Well 3: frac stg 38 | day 23.92, 118 min Well 3: plug&perf stg 39 | day 24.00, 89 min Frac spread: swap/test | day 24.00, 25 min Well 4: frac stg 38 | day 24.01, 119 min Well 4: plug&perf stg 39 | day 24.10, 75 min Frac spread: swap/test | day 24.10, 34 min Well 1: frac stg 39 | day 24.12, 114 min Well 1: plug&perf stg 40 | day 24.20, 84 min Frac spread: swap/test | day 24.20, 30 min Frac spread: NPT | day 24.30, 48 min Well 2: frac stg 39 | day 24.22, 120 min Well 2: NPT | day 24.30, 48 min Well 2: plug&perf stg 40 | day 24.34, 80 min Frac spread: swap/test | day 24.34, 21 min Well 3: frac stg 39 | day 24.35, 107 min Well 3: plug&perf stg 40 | day 24.43, 76 min Frac spread: swap/test | day 24.43, 23 min Well 4: frac stg 39 | day 24.44, 110 min Well 4: plug&perf stg 40 | day 24.52, 85 min Frac spread: swap/test | day 24.52, 33 min Well 1: frac stg 40 | day 24.54, 109 min Well 1: plug&perf stg 41 | day 24.62, 75 min Frac spread: swap/test | day 24.62, 23 min Well 2: frac stg 40 | day 24.63, 110 min Well 2: plug&perf stg 41 | day 24.71, 80 min Frac spread: swap/test | day 24.71, 31 min Well 3: frac stg 40 | day 24.73, 116 min Well 3: plug&perf stg 41 | day 24.81, 94 min Frac spread: swap/test | day 24.81, 29 min Well 4: frac stg 40 | day 24.83, 112 min Well 4: plug&perf stg 41 | day 24.91, 81 min Frac spread: swap/test | day 24.91, 20 min Well 1: frac stg 41 | day 24.92, 116 min Well 1: plug&perf stg 42 | day 25.00, 76 min Frac spread: swap/test | day 25.00, 35 min Frac spread: NPT | day 25.10, 272 min Well 2: frac stg 41 | day 25.03, 110 min Well 2: NPT | day 25.10, 272 min Well 2: plug&perf stg 42 | day 25.29, 75 min Frac spread: swap/test | day 25.29, 24 min Well 3: frac stg 41 | day 25.31, 114 min Well 3: plug&perf stg 42 | day 25.39, 84 min Frac spread: swap/test | day 25.39, 36 min Well 4: frac stg 41 | day 25.41, 118 min Well 4: plug&perf stg 42 | day 25.50, 72 min Frac spread: swap/test | day 25.50, 22 min Frac spread: NPT | day 25.59, 75 min Well 1: frac stg 42 | day 25.51, 110 min Well 1: NPT | day 25.59, 75 min Well 1: plug&perf stg 43 | day 25.64, 68 min Frac spread: swap/test | day 25.64, 25 min Well 2: frac stg 42 | day 25.66, 119 min Well 2: plug&perf stg 43 | day 25.74, 83 min Frac spread: swap/test | day 25.74, 37 min Well 3: frac stg 42 | day 25.77, 123 min Well 3: plug&perf stg 43 | day 25.85, 77 min Frac spread: swap/test | day 25.85, 24 min Well 4: frac stg 42 | day 25.87, 114 min Well 4: plug&perf stg 43 | day 25.95, 81 min Frac spread: swap/test | day 25.95, 23 min Frac spread: NPT | day 26.04, 1184 min Well 1: frac stg 43 | day 25.96, 111 min Well 1: NPT | day 26.04, 1184 min Well 1: plug&perf stg 44 | day 26.86, 284 min Frac spread: swap/test | day 26.86, 23 min Well 2: frac stg 43 | day 26.88, 109 min Frac spread: swap/test | day 26.95, 30 min Well 3: frac stg 43 | day 26.98, 107 min Frac spread: swap/test | day 27.05, 29 min Well 4: frac stg 43 | day 27.07, 101 min Well 2: plug&perf stg 44 | day 27.06, 77 min Well 3: plug&perf stg 44 | day 27.11, 73 min Frac spread: swap/test | day 27.14, 41 min Well 1: frac stg 44 | day 27.17, 106 min Well 4: plug&perf stg 44 | day 27.16, 78 min Well 1: plug&perf stg 45 | day 27.24, 70 min Frac spread: swap/test | day 27.24, 33 min Frac spread: NPT | day 27.35, 1296 min Well 2: frac stg 44 | day 27.26, 121 min Well 2: NPT | day 27.35, 1296 min Well 2: plug&perf stg 45 | day 28.25, 69 min Frac spread: swap/test | day 28.25, 20 min Well 3: frac stg 44 | day 28.26, 113 min Well 3: plug&perf stg 45 | day 28.34, 81 min Frac spread: swap/test | day 28.34, 29 min Well 4: frac stg 44 | day 28.36, 119 min Well 4: plug&perf stg 45 | day 28.44, 74 min Frac spread: swap/test | day 28.44, 23 min Frac spread: NPT | day 28.54, 146 min Well 1: frac stg 45 | day 28.46, 109 min Well 1: NPT | day 28.54, 146 min Well 1: plug&perf stg 46 | day 28.64, 90 min Frac spread: swap/test | day 28.64, 23 min Well 2: frac stg 45 | day 28.65, 113 min Well 2: plug&perf stg 46 | day 28.73, 91 min Frac spread: swap/test | day 28.73, 30 min Well 3: frac stg 45 | day 28.75, 114 min Well 3: plug&perf stg 46 | day 28.83, 80 min Frac spread: swap/test | day 28.83, 26 min Well 4: frac stg 45 | day 28.85, 112 min Well 4: plug&perf stg 46 | day 28.93, 90 min Frac spread: swap/test | day 28.93, 30 min Well 1: frac stg 46 | day 28.95, 114 min Well 1: plug&perf stg 47 | day 29.03, 77 min Frac spread: swap/test | day 29.03, 25 min Well 2: frac stg 46 | day 29.05, 123 min Well 2: plug&perf stg 47 | day 29.13, 78 min Frac spread: swap/test | day 29.13, 22 min Well 3: frac stg 46 | day 29.15, 111 min Well 3: plug&perf stg 47 | day 29.22, 85 min Frac spread: swap/test | day 29.22, 29 min Well 4: frac stg 46 | day 29.24, 122 min Well 4: plug&perf stg 47 | day 29.33, 76 min Frac spread: swap/test | day 29.33, 30 min Well 1: frac stg 47 | day 29.35, 107 min Well 1: plug&perf stg 48 | day 29.42, 88 min Frac spread: swap/test | day 29.42, 28 min Well 2: frac stg 47 | day 29.44, 118 min Well 2: plug&perf stg 48 | day 29.53, 74 min Frac spread: swap/test | day 29.53, 28 min Well 3: frac stg 47 | day 29.54, 117 min Well 3: plug&perf stg 48 | day 29.63, 83 min Frac spread: swap/test | day 29.63, 25 min Well 4: frac stg 47 | day 29.64, 113 min Well 4: plug&perf stg 48 | day 29.72, 69 min Frac spread: swap/test | day 29.72, 28 min Well 1: frac stg 48 | day 29.74, 119 min Well 1: plug&perf stg 49 | day 29.82, 78 min Frac spread: swap/test | day 29.82, 22 min Well 2: frac stg 48 | day 29.84, 118 min Well 2: plug&perf stg 49 | day 29.92, 91 min Frac spread: swap/test | day 29.92, 28 min Well 3: frac stg 48 | day 29.94, 115 min Well 3: plug&perf stg 49 | day 30.02, 77 min Frac spread: swap/test | day 30.02, 25 min Well 4: frac stg 48 | day 30.04, 115 min Well 4: plug&perf stg 49 | day 30.12, 71 min Frac spread: swap/test | day 30.12, 23 min Well 1: frac stg 49 | day 30.13, 115 min Well 1: plug&perf stg 50 | day 30.21, 73 min Frac spread: swap/test | day 30.21, 29 min Well 2: frac stg 49 | day 30.23, 125 min Well 2: plug&perf stg 50 | day 30.32, 76 min Frac spread: swap/test | day 30.32, 30 min Frac spread: NPT | day 30.42, 105 min Well 3: frac stg 49 | day 30.34, 112 min Well 3: NPT | day 30.42, 105 min Well 3: plug&perf stg 50 | day 30.49, 77 min Frac spread: swap/test | day 30.49, 32 min Well 4: frac stg 49 | day 30.52, 121 min Well 4: plug&perf stg 50 | day 30.60, 74 min Frac spread: swap/test | day 30.60, 25 min Frac spread: NPT | day 30.69, 77 min Well 1: frac stg 50 | day 30.62, 110 min Well 1: NPT | day 30.69, 77 min Frac spread: swap/test | day 30.75, 24 min Well 2: frac stg 50 | day 30.76, 108 min Frac spread: swap/test | day 30.84, 26 min Well 3: frac stg 50 | day 30.86, 111 min Frac spread: swap/test | day 30.93, 20 min Well 4: frac stg 50 | day 30.95, 115 min Frac spread: frac rig-down | day 31.03, 1529 min Well 1: drillout | day 32.09, 1772 min Well 2: drillout | day 33.32, 2283 min Well 3: drillout | day 34.91, 2157 min Well 4: drillout | day 36.40, 1844 min Pad: rig-out & flowback hookup | day 37.68, 6615 min 0 2.5 5 7.5 10 12.5 15 17.5 20 22.5 25 27.5 30 32.5 35 37.5 40 days from pad start Zoom: 30 hours of zipper operations (frac on one well while wireline plugs and perforates another) Wireline plug&perf Pumping Swap / pressure test NPT
Pad Frac spread Well 1 Well 2 Well 3 Well 4 Well 1: frac stg 5 | day 9.87, 111 min Well 1: plug&perf stg 6 | day 9.95, 110 min Frac spread: swap/test | day 9.95, 29 min Well 2: frac stg 5 | day 9.97, 110 min Well 2: plug&perf stg 6 | day 10.05, 97 min Frac spread: swap/test | day 10.05, 38 min Frac spread: NPT | day 10.15, 240 min Well 3: frac stg 5 | day 10.07, 113 min Well 3: NPT | day 10.15, 240 min Well 3: plug&perf stg 6 | day 10.32, 103 min Frac spread: swap/test | day 10.32, 29 min Well 4: frac stg 5 | day 10.34, 117 min Well 4: plug&perf stg 6 | day 10.42, 113 min Frac spread: swap/test | day 10.42, 27 min Well 1: frac stg 6 | day 10.44, 120 min Well 1: plug&perf stg 7 | day 10.52, 103 min Frac spread: swap/test | day 10.52, 26 min Well 2: frac stg 6 | day 10.54, 119 min Well 2: plug&perf stg 7 | day 10.62, 107 min Frac spread: swap/test | day 10.62, 30 min Well 3: frac stg 6 | day 10.64, 118 min Well 3: plug&perf stg 7 | day 10.72, 89 min Frac spread: swap/test | day 10.72, 33 min Well 4: frac stg 6 | day 10.75, 102 min Well 4: plug&perf stg 7 | day 10.82, 98 min Frac spread: swap/test | day 10.82, 29 min Well 1: frac stg 7 | day 10.84, 117 min Well 1: plug&perf stg 8 | day 10.92, 115 min Frac spread: swap/test | day 10.92, 27 min Well 2: frac stg 7 | day 10.94, 122 min Well 2: plug&perf stg 8 | day 11.02, 97 min Frac spread: swap/test | day 11.02, 23 min Well 3: frac stg 7 | day 11.04, 113 min Well 3: plug&perf stg 8 | day 11.12, 96 min Frac spread: swap/test | day 11.12, 27 min Well 4: frac stg 7 | day 11.13, 117 min 240 242.5 245 247.5 250 252.5 255 257.5 260 262.5 265 267.5 hours from pad start Cycle time by phase vs lateral length (expected-value mode) Prep + frac rig-up Frac (incl. rig-down) Drillout Rig-out / flowback hookup
0 10 20 30 40 50 60 days 7,500 ft - Prep + frac rig-up: 7.9 7,500 ft - Frac (incl. rig-down): 17.4 7,500 ft - Drillout: 4.6 7,500 ft - Rig-out / flowback hookup: 5 34.9 7,500 ft 10,000 ft - Prep + frac rig-up: 7.9 10,000 ft - Frac (incl. rig-down): 22.8 10,000 ft - Drillout: 5.5 10,000 ft - Rig-out / flowback hookup: 5 41.2 10,000 ft 12,500 ft - Prep + frac rig-up: 7.9 12,500 ft - Frac (incl. rig-down): 28.2 12,500 ft - Drillout: 6.4 12,500 ft - Rig-out / flowback hookup: 5 47.4 12,500 ft 15,000 ft - Prep + frac rig-up: 7.9 15,000 ft - Frac (incl. rig-down): 33.7 15,000 ft - Drillout: 7.3 15,000 ft - Rig-out / flowback hookup: 5 53.9 15,000 ft Critical path / resource utilisation Phases are serial (prep → frac → drillout → rig-out), so all four are on the critical path; within the frac phase the gating resource is whichever of frac spread / wireline has no slack.
Lateral Cycle d Frac d Stg/d Pump h/d Pump util WL util Frac standby h NPT h Gating Rate-limited stg 7,500 ft 34.9 16.4 9.3 17.4 73% 58% 0 37 frac spread 0 10,000 ft 41.2 21.8 9.2 17.5 73% 60% 0 49 frac spread 0 12,500 ft 47.4 27.2 9.1 17.5 73% 62% 0 60 frac spread 0 15,000 ft 53.9 32.7 9.2 17.5 73% 65% 0 73 frac spread 0
2. Pumping physics: per-stage surface treating pressure Surface pressure = frac gradient x TVD + net pressure - hydrostatic + pipe friction (Blasius turbulent, reduced by FR) + perforation friction + tortuosity. Rate is cut stage-by-stage where pressure or available HHP would be exceeded - toe stages of long laterals pump slower, which lengthens pump time and changes the price tier.
15k long-stage 12cl: pressure build-up by stage Net BH (frac grad + net - hydrostatic) Pipe friction (after FR) Perf friction Tortuosity
0 2000 4000 6000 8000 10k surface treating pressure, psi 5 10 15 20 25 30 35 40 45 50 55 stage number (1 = toe) Stage 1 @ 25371 ft MD, 98 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 1 @ 25371 ft MD, 98 bpm - Pipe friction (after FR): 5866 psi (surface 9800) Stage 1 @ 25371 ft MD, 98 bpm - Perf friction: 419 psi (surface 9800) Stage 1 @ 25371 ft MD, 98 bpm - Tortuosity: 314 psi (surface 9800) Stage 2 @ 25112 ft MD, 99 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 2 @ 25112 ft MD, 99 bpm - Pipe friction (after FR): 5861 psi (surface 9800) Stage 2 @ 25112 ft MD, 99 bpm - Perf friction: 424 psi (surface 9800) Stage 2 @ 25112 ft MD, 99 bpm - Tortuosity: 315 psi (surface 9800) Stage 3 @ 24853 ft MD, 99 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 3 @ 24853 ft MD, 99 bpm - Pipe friction (after FR): 5855 psi (surface 9800) Stage 3 @ 24853 ft MD, 99 bpm - Perf friction: 428 psi (surface 9800) Stage 3 @ 24853 ft MD, 99 bpm - Tortuosity: 315 psi (surface 9800) Stage 4 @ 24595 ft MD, 100 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 4 @ 24595 ft MD, 100 bpm - Pipe friction (after FR): 5850 psi (surface 9800) Stage 4 @ 24595 ft MD, 100 bpm - Perf friction: 433 psi (surface 9800) Stage 4 @ 24595 ft MD, 100 bpm - Tortuosity: 316 psi (surface 9800) Stage 5 @ 24336 ft MD, 101 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 5 @ 24336 ft MD, 101 bpm - Pipe friction (after FR): 5844 psi (surface 9800) Stage 5 @ 24336 ft MD, 101 bpm - Perf friction: 438 psi (surface 9800) Stage 5 @ 24336 ft MD, 101 bpm - Tortuosity: 317 psi (surface 9800) Stage 6 @ 24078 ft MD, 101 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 6 @ 24078 ft MD, 101 bpm - Pipe friction (after FR): 5838 psi (surface 9800) Stage 6 @ 24078 ft MD, 101 bpm - Perf friction: 443 psi (surface 9800) Stage 6 @ 24078 ft MD, 101 bpm - Tortuosity: 318 psi (surface 9800) Stage 7 @ 23819 ft MD, 102 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 7 @ 23819 ft MD, 102 bpm - Pipe friction (after FR): 5833 psi (surface 9800) Stage 7 @ 23819 ft MD, 102 bpm - Perf friction: 448 psi (surface 9800) Stage 7 @ 23819 ft MD, 102 bpm - Tortuosity: 319 psi (surface 9800) Stage 8 @ 23560 ft MD, 102 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 8 @ 23560 ft MD, 102 bpm - Pipe friction (after FR): 5827 psi (surface 9800) Stage 8 @ 23560 ft MD, 102 bpm - Perf friction: 453 psi (surface 9800) Stage 8 @ 23560 ft MD, 102 bpm - Tortuosity: 320 psi (surface 9800) Stage 9 @ 23302 ft MD, 103 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 9 @ 23302 ft MD, 103 bpm - Pipe friction (after FR): 5820 psi (surface 9800) Stage 9 @ 23302 ft MD, 103 bpm - Perf friction: 458 psi (surface 9800) Stage 9 @ 23302 ft MD, 103 bpm - Tortuosity: 321 psi (surface 9800) Stage 10 @ 23043 ft MD, 103 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 10 @ 23043 ft MD, 103 bpm - Pipe friction (after FR): 5814 psi (surface 9800) Stage 10 @ 23043 ft MD, 103 bpm - Perf friction: 463 psi (surface 9800) Stage 10 @ 23043 ft MD, 103 bpm - Tortuosity: 322 psi (surface 9800) Stage 11 @ 22784 ft MD, 104 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 11 @ 22784 ft MD, 104 bpm - Pipe friction (after FR): 5808 psi (surface 9800) Stage 11 @ 22784 ft MD, 104 bpm - Perf friction: 469 psi (surface 9800) Stage 11 @ 22784 ft MD, 104 bpm - Tortuosity: 323 psi (surface 9800) Stage 12 @ 22526 ft MD, 105 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 12 @ 22526 ft MD, 105 bpm - Pipe friction (after FR): 5801 psi (surface 9800) Stage 12 @ 22526 ft MD, 105 bpm - Perf friction: 474 psi (surface 9800) Stage 12 @ 22526 ft MD, 105 bpm - Tortuosity: 324 psi (surface 9800) Stage 13 @ 22267 ft MD, 105 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 13 @ 22267 ft MD, 105 bpm - Pipe friction (after FR): 5795 psi (surface 9800) Stage 13 @ 22267 ft MD, 105 bpm - Perf friction: 480 psi (surface 9800) Stage 13 @ 22267 ft MD, 105 bpm - Tortuosity: 325 psi (surface 9800) Stage 14 @ 22009 ft MD, 106 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 14 @ 22009 ft MD, 106 bpm - Pipe friction (after FR): 5788 psi (surface 9800) Stage 14 @ 22009 ft MD, 106 bpm - Perf friction: 486 psi (surface 9800) Stage 14 @ 22009 ft MD, 106 bpm - Tortuosity: 325 psi (surface 9800) Stage 15 @ 21750 ft MD, 107 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 15 @ 21750 ft MD, 107 bpm - Pipe friction (after FR): 5781 psi (surface 9800) Stage 15 @ 21750 ft MD, 107 bpm - Perf friction: 492 psi (surface 9800) Stage 15 @ 21750 ft MD, 107 bpm - Tortuosity: 326 psi (surface 9800) Stage 16 @ 21491 ft MD, 107 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 16 @ 21491 ft MD, 107 bpm - Pipe friction (after FR): 5774 psi (surface 9800) Stage 16 @ 21491 ft MD, 107 bpm - Perf friction: 498 psi (surface 9800) Stage 16 @ 21491 ft MD, 107 bpm - Tortuosity: 327 psi (surface 9800) Stage 17 @ 21233 ft MD, 108 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 17 @ 21233 ft MD, 108 bpm - Pipe friction (after FR): 5767 psi (surface 9800) Stage 17 @ 21233 ft MD, 108 bpm - Perf friction: 504 psi (surface 9800) Stage 17 @ 21233 ft MD, 108 bpm - Tortuosity: 328 psi (surface 9800) Stage 18 @ 20974 ft MD, 109 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 18 @ 20974 ft MD, 109 bpm - Pipe friction (after FR): 5759 psi (surface 9800) Stage 18 @ 20974 ft MD, 109 bpm - Perf friction: 510 psi (surface 9800) Stage 18 @ 20974 ft MD, 109 bpm - Tortuosity: 330 psi (surface 9800) Stage 19 @ 20716 ft MD, 109 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 19 @ 20716 ft MD, 109 bpm - Pipe friction (after FR): 5752 psi (surface 9800) Stage 19 @ 20716 ft MD, 109 bpm - Perf friction: 517 psi (surface 9800) Stage 19 @ 20716 ft MD, 109 bpm - Tortuosity: 331 psi (surface 9800) Stage 20 @ 20457 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9800) Stage 20 @ 20457 ft MD, 110 bpm - Pipe friction (after FR): 5744 psi (surface 9800) Stage 20 @ 20457 ft MD, 110 bpm - Perf friction: 524 psi (surface 9800) Stage 20 @ 20457 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9800) Stage 21 @ 20198 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9730) Stage 21 @ 20198 ft MD, 110 bpm - Pipe friction (after FR): 5673 psi (surface 9730) Stage 21 @ 20198 ft MD, 110 bpm - Perf friction: 524 psi (surface 9730) Stage 21 @ 20198 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9730) Stage 22 @ 19940 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9657) Stage 22 @ 19940 ft MD, 110 bpm - Pipe friction (after FR): 5601 psi (surface 9657) Stage 22 @ 19940 ft MD, 110 bpm - Perf friction: 524 psi (surface 9657) Stage 22 @ 19940 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9657) Stage 23 @ 19681 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9584) Stage 23 @ 19681 ft MD, 110 bpm - Pipe friction (after FR): 5528 psi (surface 9584) Stage 23 @ 19681 ft MD, 110 bpm - Perf friction: 524 psi (surface 9584) Stage 23 @ 19681 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9584) Stage 24 @ 19422 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9512) Stage 24 @ 19422 ft MD, 110 bpm - Pipe friction (after FR): 5456 psi (surface 9512) Stage 24 @ 19422 ft MD, 110 bpm - Perf friction: 524 psi (surface 9512) Stage 24 @ 19422 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9512) Stage 25 @ 19164 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9439) Stage 25 @ 19164 ft MD, 110 bpm - Pipe friction (after FR): 5383 psi (surface 9439) Stage 25 @ 19164 ft MD, 110 bpm - Perf friction: 524 psi (surface 9439) Stage 25 @ 19164 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9439) Stage 26 @ 18905 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9367) Stage 26 @ 18905 ft MD, 110 bpm - Pipe friction (after FR): 5310 psi (surface 9367) Stage 26 @ 18905 ft MD, 110 bpm - Perf friction: 524 psi (surface 9367) Stage 26 @ 18905 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9367) Stage 27 @ 18647 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9294) Stage 27 @ 18647 ft MD, 110 bpm - Pipe friction (after FR): 5238 psi (surface 9294) Stage 27 @ 18647 ft MD, 110 bpm - Perf friction: 524 psi (surface 9294) Stage 27 @ 18647 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9294) Stage 28 @ 18388 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9221) Stage 28 @ 18388 ft MD, 110 bpm - Pipe friction (after FR): 5165 psi (surface 9221) Stage 28 @ 18388 ft MD, 110 bpm - Perf friction: 524 psi (surface 9221) Stage 28 @ 18388 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9221) Stage 29 @ 18129 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9149) Stage 29 @ 18129 ft MD, 110 bpm - Pipe friction (after FR): 5092 psi (surface 9149) Stage 29 @ 18129 ft MD, 110 bpm - Perf friction: 524 psi (surface 9149) Stage 29 @ 18129 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9149) Stage 30 @ 17871 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9076) Stage 30 @ 17871 ft MD, 110 bpm - Pipe friction (after FR): 5020 psi (surface 9076) Stage 30 @ 17871 ft MD, 110 bpm - Perf friction: 524 psi (surface 9076) Stage 30 @ 17871 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9076) Stage 31 @ 17612 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 9003) Stage 31 @ 17612 ft MD, 110 bpm - Pipe friction (after FR): 4947 psi (surface 9003) Stage 31 @ 17612 ft MD, 110 bpm - Perf friction: 524 psi (surface 9003) Stage 31 @ 17612 ft MD, 110 bpm - Tortuosity: 332 psi (surface 9003) Stage 32 @ 17353 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8931) Stage 32 @ 17353 ft MD, 110 bpm - Pipe friction (after FR): 4874 psi (surface 8931) Stage 32 @ 17353 ft MD, 110 bpm - Perf friction: 524 psi (surface 8931) Stage 32 @ 17353 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8931) Stage 33 @ 17095 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8858) Stage 33 @ 17095 ft MD, 110 bpm - Pipe friction (after FR): 4802 psi (surface 8858) Stage 33 @ 17095 ft MD, 110 bpm - Perf friction: 524 psi (surface 8858) Stage 33 @ 17095 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8858) Stage 34 @ 16836 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8785) Stage 34 @ 16836 ft MD, 110 bpm - Pipe friction (after FR): 4729 psi (surface 8785) Stage 34 @ 16836 ft MD, 110 bpm - Perf friction: 524 psi (surface 8785) Stage 34 @ 16836 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8785) Stage 35 @ 16578 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8713) Stage 35 @ 16578 ft MD, 110 bpm - Pipe friction (after FR): 4656 psi (surface 8713) Stage 35 @ 16578 ft MD, 110 bpm - Perf friction: 524 psi (surface 8713) Stage 35 @ 16578 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8713) Stage 36 @ 16319 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8640) Stage 36 @ 16319 ft MD, 110 bpm - Pipe friction (after FR): 4584 psi (surface 8640) Stage 36 @ 16319 ft MD, 110 bpm - Perf friction: 524 psi (surface 8640) Stage 36 @ 16319 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8640) Stage 37 @ 16060 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8567) Stage 37 @ 16060 ft MD, 110 bpm - Pipe friction (after FR): 4511 psi (surface 8567) Stage 37 @ 16060 ft MD, 110 bpm - Perf friction: 524 psi (surface 8567) Stage 37 @ 16060 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8567) Stage 38 @ 15802 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8495) Stage 38 @ 15802 ft MD, 110 bpm - Pipe friction (after FR): 4439 psi (surface 8495) Stage 38 @ 15802 ft MD, 110 bpm - Perf friction: 524 psi (surface 8495) Stage 38 @ 15802 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8495) Stage 39 @ 15543 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8422) Stage 39 @ 15543 ft MD, 110 bpm - Pipe friction (after FR): 4366 psi (surface 8422) Stage 39 @ 15543 ft MD, 110 bpm - Perf friction: 524 psi (surface 8422) Stage 39 @ 15543 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8422) Stage 40 @ 15284 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8350) Stage 40 @ 15284 ft MD, 110 bpm - Pipe friction (after FR): 4293 psi (surface 8350) Stage 40 @ 15284 ft MD, 110 bpm - Perf friction: 524 psi (surface 8350) Stage 40 @ 15284 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8350) Stage 41 @ 15026 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8277) Stage 41 @ 15026 ft MD, 110 bpm - Pipe friction (after FR): 4221 psi (surface 8277) Stage 41 @ 15026 ft MD, 110 bpm - Perf friction: 524 psi (surface 8277) Stage 41 @ 15026 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8277) Stage 42 @ 14767 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8204) Stage 42 @ 14767 ft MD, 110 bpm - Pipe friction (after FR): 4148 psi (surface 8204) Stage 42 @ 14767 ft MD, 110 bpm - Perf friction: 524 psi (surface 8204) Stage 42 @ 14767 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8204) Stage 43 @ 14509 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8132) Stage 43 @ 14509 ft MD, 110 bpm - Pipe friction (after FR): 4075 psi (surface 8132) Stage 43 @ 14509 ft MD, 110 bpm - Perf friction: 524 psi (surface 8132) Stage 43 @ 14509 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8132) Stage 44 @ 14250 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 8059) Stage 44 @ 14250 ft MD, 110 bpm - Pipe friction (after FR): 4003 psi (surface 8059) Stage 44 @ 14250 ft MD, 110 bpm - Perf friction: 524 psi (surface 8059) Stage 44 @ 14250 ft MD, 110 bpm - Tortuosity: 332 psi (surface 8059) Stage 45 @ 13991 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7986) Stage 45 @ 13991 ft MD, 110 bpm - Pipe friction (after FR): 3930 psi (surface 7986) Stage 45 @ 13991 ft MD, 110 bpm - Perf friction: 524 psi (surface 7986) Stage 45 @ 13991 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7986) Stage 46 @ 13733 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7914) Stage 46 @ 13733 ft MD, 110 bpm - Pipe friction (after FR): 3857 psi (surface 7914) Stage 46 @ 13733 ft MD, 110 bpm - Perf friction: 524 psi (surface 7914) Stage 46 @ 13733 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7914) Stage 47 @ 13474 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7841) Stage 47 @ 13474 ft MD, 110 bpm - Pipe friction (after FR): 3785 psi (surface 7841) Stage 47 @ 13474 ft MD, 110 bpm - Perf friction: 524 psi (surface 7841) Stage 47 @ 13474 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7841) Stage 48 @ 13216 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7768) Stage 48 @ 13216 ft MD, 110 bpm - Pipe friction (after FR): 3712 psi (surface 7768) Stage 48 @ 13216 ft MD, 110 bpm - Perf friction: 524 psi (surface 7768) Stage 48 @ 13216 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7768) Stage 49 @ 12957 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7696) Stage 49 @ 12957 ft MD, 110 bpm - Pipe friction (after FR): 3639 psi (surface 7696) Stage 49 @ 12957 ft MD, 110 bpm - Perf friction: 524 psi (surface 7696) Stage 49 @ 12957 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7696) Stage 50 @ 12698 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7623) Stage 50 @ 12698 ft MD, 110 bpm - Pipe friction (after FR): 3567 psi (surface 7623) Stage 50 @ 12698 ft MD, 110 bpm - Perf friction: 524 psi (surface 7623) Stage 50 @ 12698 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7623) Stage 51 @ 12440 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7550) Stage 51 @ 12440 ft MD, 110 bpm - Pipe friction (after FR): 3494 psi (surface 7550) Stage 51 @ 12440 ft MD, 110 bpm - Perf friction: 524 psi (surface 7550) Stage 51 @ 12440 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7550) Stage 52 @ 12181 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7478) Stage 52 @ 12181 ft MD, 110 bpm - Pipe friction (after FR): 3422 psi (surface 7478) Stage 52 @ 12181 ft MD, 110 bpm - Perf friction: 524 psi (surface 7478) Stage 52 @ 12181 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7478) Stage 53 @ 11922 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7405) Stage 53 @ 11922 ft MD, 110 bpm - Pipe friction (after FR): 3349 psi (surface 7405) Stage 53 @ 11922 ft MD, 110 bpm - Perf friction: 524 psi (surface 7405) Stage 53 @ 11922 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7405) Stage 54 @ 11664 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7333) Stage 54 @ 11664 ft MD, 110 bpm - Pipe friction (after FR): 3276 psi (surface 7333) Stage 54 @ 11664 ft MD, 110 bpm - Perf friction: 524 psi (surface 7333) Stage 54 @ 11664 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7333) Stage 55 @ 11405 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7260) Stage 55 @ 11405 ft MD, 110 bpm - Pipe friction (after FR): 3204 psi (surface 7260) Stage 55 @ 11405 ft MD, 110 bpm - Perf friction: 524 psi (surface 7260) Stage 55 @ 11405 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7260) Stage 56 @ 11147 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7187) Stage 56 @ 11147 ft MD, 110 bpm - Pipe friction (after FR): 3131 psi (surface 7187) Stage 56 @ 11147 ft MD, 110 bpm - Perf friction: 524 psi (surface 7187) Stage 56 @ 11147 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7187) Stage 57 @ 10888 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7115) Stage 57 @ 10888 ft MD, 110 bpm - Pipe friction (after FR): 3058 psi (surface 7115) Stage 57 @ 10888 ft MD, 110 bpm - Perf friction: 524 psi (surface 7115) Stage 57 @ 10888 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7115) Stage 58 @ 10629 ft MD, 110 bpm - Net BH (frac grad + net - hydrostatic): 3201 psi (surface 7042) Stage 58 @ 10629 ft MD, 110 bpm - Pipe friction (after FR): 2986 psi (surface 7042) Stage 58 @ 10629 ft MD, 110 bpm - Perf friction: 524 psi (surface 7042) Stage 58 @ 10629 ft MD, 110 bpm - Tortuosity: 332 psi (surface 7042) max treating pressure 9,800 psi Achieved rate by stage (design 110 bpm) 0 25 50 75 100 bpm 5 10 15 20 25 30 35 40 45 50 55 stage number (1 = toe) rate @ 1: 98.4 rate @ 2: 98.9 rate @ 3: 99.5 rate @ 4: 100.0 rate @ 5: 100.6 rate @ 6: 101.1 rate @ 7: 101.7 rate @ 8: 102.3 rate @ 9: 102.9 rate @ 10: 103.5 rate @ 11: 104.1 rate @ 12: 104.7 rate @ 13: 105.3 rate @ 14: 105.9 rate @ 15: 106.6 rate @ 16: 107.2 rate @ 17: 107.9 rate @ 18: 108.6 rate @ 19: 109.3 rate @ 20: 110.0 rate @ 21: 110 rate @ 22: 110 rate @ 23: 110 rate @ 24: 110 rate @ 25: 110 rate @ 26: 110 rate @ 27: 110 rate @ 28: 110 rate @ 29: 110 rate @ 30: 110 rate @ 31: 110 rate @ 32: 110 rate @ 33: 110 rate @ 34: 110 rate @ 35: 110 rate @ 36: 110 rate @ 37: 110 rate @ 38: 110 rate @ 39: 110 rate @ 40: 110 rate @ 41: 110 rate @ 42: 110 rate @ 43: 110 rate @ 44: 110 rate @ 45: 110 rate @ 46: 110 rate @ 47: 110 rate @ 48: 110 rate @ 49: 110 rate @ 50: 110 rate @ 51: 110 rate @ 52: 110 rate @ 53: 110 rate @ 54: 110 rate @ 55: 110 rate @ 56: 110 rate @ 57: 110 rate @ 58: 110 3. Cost per well vs lateral length, line items Completion cost per well by lateral length (Bravo Pressure / e_fleet) Pumping service, standby, mob Fuel Sand Water & chemicals Wireline, perf, plugs Prep, drillout, rig-out Supervision & contingency
$0.0M $1.0M $2.0M $3.0M $4.0M $5.0M $6.0M USD per well 7,500 ft - Pumping service, standby, mob: $1.2M 7,500 ft - Fuel: $0.0M 7,500 ft - Sand: $0.4M 7,500 ft - Water & chemicals: $0.5M 7,500 ft - Wireline, perf, plugs: $0.4M 7,500 ft - Prep, drillout, rig-out: $0.3M 7,500 ft - Supervision & contingency: $0.3M $3.1M 7,500 ft 10,000 ft - Pumping service, standby, mob: $1.6M 10,000 ft - Fuel: $0.0M 10,000 ft - Sand: $0.5M 10,000 ft - Water & chemicals: $0.6M 10,000 ft - Wireline, perf, plugs: $0.5M 10,000 ft - Prep, drillout, rig-out: $0.3M 10,000 ft - Supervision & contingency: $0.4M $3.9M 10,000 ft 12,500 ft - Pumping service, standby, mob: $2.0M 12,500 ft - Fuel: $0.0M 12,500 ft - Sand: $0.6M 12,500 ft - Water & chemicals: $0.8M 12,500 ft - Wireline, perf, plugs: $0.6M 12,500 ft - Prep, drillout, rig-out: $0.3M 12,500 ft - Supervision & contingency: $0.4M $4.8M 12,500 ft 15,000 ft - Pumping service, standby, mob: $2.4M 15,000 ft - Fuel: $0.1M 15,000 ft - Sand: $0.7M 15,000 ft - Water & chemicals: $0.9M 15,000 ft - Wireline, perf, plugs: $0.8M 15,000 ft - Prep, drillout, rig-out: $0.3M 15,000 ft - Supervision & contingency: $0.5M $5.7M 15,000 ft
Line-item build-up, base 10,000 ft well 0 $1.0M $2.0M $3.0M $4.0M Frac: pumping service Frac: pumping service: $1.53M $1.53M Frac: mobilization Frac: mobilization: $78k $78k Fuel Fuel: $37k $37k Sand (incl. last mile) Sand (incl. last mile): $495k $495k Water Water: $344k $344k Chemicals Chemicals: $270k $270k Wireline & perforating Wireline & perforating: $465k $465k Plugs Plugs: $47k $47k Prep Prep: $85k $85k Drillout Drillout: $91k $91k Rig-out & flowback Rig-out & flowback: $140k $140k Supervision & rentals Supervision & rentals: $216k $216k Contingency Contingency: $152k $152k Total completion Total completion: $3.95M $3.95M Per-well summary by lateral length Lateral Stages Completion $/well Completion $/ft Drilling $/well Facilities D&C $/well EUR boe/well 2-yr FCF/well NPV10/well 7,500 ft 38 $3.07M $410 $3.04M $520k $6.63M 727,770 $1.26M $7.08M 10,000 ft 50 $3.95M $395 $3.50M $520k $7.97M 948,283 $2.24M $10.14M 12,500 ft 62 $4.82M $386 $3.96M $520k $9.31M 1,164,381 $3.10M $13.07M 15,000 ft 75 $5.71M $381 $4.42M $520k $10.66M 1,377,025 $3.84M $15.90M
4. Contract logic: which bid wins depends on efficiency Completion cost per well ($M) for the base pad under each of the 15 bids (5 vendors x 3 fleet types) across frac-efficiency assumptions. Per-stage contracts are insensitive to efficiency; per-hour contracts hit monthly minimums; day-rate contracts reward fast crews. ★ = cheapest bid in the column; darker = more expensive.
Bid Pricing e=0.55 e=0.60 e=0.65 e=0.70 e=0.75 e=0.80 e=0.85 e=0.90 e=0.95 Alpha Pumping / diesel per stage 4.36 4.34 4.32 4.31 4.30 4.29 4.28 4.28 4.27 Alpha Pumping / dual_fuel per stage 4.30 4.28 4.27 4.25 4.24 4.23 4.23 4.22 4.21 Alpha Pumping / e_fleet per stage 4.30 4.29 4.28 4.27 4.26 4.25 4.24 4.24 4.23 Bravo Pressure / diesel per hour 4.12 4.11 4.09 4.08 4.07 4.06 4.05 4.04 4.03 Bravo Pressure / dual_fuel per hour 4.04 4.02 4.01 3.99 3.98 3.97 3.96 3.96 3.95 Bravo Pressure / e_fleet per hour ★ 4.00 ★ 3.98 ★ 3.97 ★ 3.96 ★ 3.95 ★ 3.94 ★ 3.93 3.93 3.92 Cobalt Frac / diesel day rate 4.58 4.47 4.38 4.30 4.23 4.17 4.11 4.06 4.02 Cobalt Frac / dual_fuel day rate 4.50 4.38 4.29 4.20 4.13 4.07 4.01 3.96 3.92 Cobalt Frac / e_fleet day rate 4.46 4.34 4.24 4.16 4.09 4.02 3.97 ★ 3.92 ★ 3.87 Delta Well Services / diesel per stage 4.06 4.05 4.03 4.02 4.01 4.00 3.99 3.98 3.98 Delta Well Services / dual_fuel per stage 4.01 3.99 3.98 3.96 3.95 3.94 3.94 3.93 3.92 Delta Well Services / e_fleet per stage 4.01 3.99 3.98 3.97 3.96 3.95 3.95 3.94 3.93 Echo Energy Services / diesel per hour 4.44 4.42 4.41 4.39 4.38 4.37 4.37 4.36 4.35 Echo Energy Services / dual_fuel per hour 4.33 4.31 4.30 4.29 4.28 4.27 4.26 4.25 4.24 Echo Energy Services / e_fleet per hour 4.29 4.27 4.26 4.25 4.24 4.23 4.23 4.22 4.22
5. Scenario sweep, ranking and efficient frontier 2,970 scenarios in 4.2 s. Ranking and frontier are shown at the reference efficiency (0.75) - efficiency is an assumption, not a choice, so each slice is ranked on its own; the full grid is in sweep.csv.
D&C cost per well vs 2-yr before-tax FCF per well (330 scenarios) 7,500 ft lateral 10,000 ft lateral 12,500 ft lateral 15,000 ft lateral efficient frontier (numbered)
$1.0M $2.0M $3.0M $4.0M $5.0M 2-yr FCF per well $6.0M $7.0M $8.0M $9.0M $10.0M $11.0M $12.0M $13.0M D&C capital per well 7.5k zipper base | Alpha Pumping / diesel | $6.90M/well D&C, $991k/well 2-yr FCF 7.5k simul-frac | Alpha Pumping / diesel | $6.90M/well D&C, $991k/well 2-yr FCF 7.5k high-intensity | Alpha Pumping / diesel | $7.22M/well D&C, $1.48M/well 2-yr FCF 7.5k long-stage 12cl | Alpha Pumping / diesel | $6.66M/well D&C, $1.85M/well 2-yr FCF 10k zipper base | Alpha Pumping / diesel | $8.32M/well D&C, $1.88M/well 2-yr FCF 10k simul-frac | Alpha Pumping / diesel | $8.32M/well D&C, $1.88M/well 2-yr FCF 10k high-intensity | Alpha Pumping / diesel | $8.75M/well D&C, $2.48M/well 2-yr FCF 10k long-stage 12cl | Alpha Pumping / diesel | $8.04M/well D&C, $2.97M/well 2-yr FCF 12.5k zipper base | Alpha Pumping / diesel | $9.75M/well D&C, $2.66M/well 2-yr FCF 12.5k simul-frac | Alpha Pumping / diesel | $9.75M/well D&C, $2.66M/well 2-yr FCF 12.5k high-intensity | Alpha Pumping / diesel | $10.29M/well D&C, $3.34M/well 2-yr FCF 12.5k long-stage 12cl | Alpha Pumping / diesel | $9.47M/well D&C, $3.92M/well 2-yr FCF 15k zipper base | Alpha Pumping / diesel | $11.25M/well D&C, $3.24M/well 2-yr FCF 15k simul-frac | Alpha Pumping / diesel | $11.25M/well D&C, $3.24M/well 2-yr FCF 15k high-intensity | Alpha Pumping / diesel | $11.90M/well D&C, $4.00M/well 2-yr FCF 15k long-stage 12cl | Alpha Pumping / diesel | $10.89M/well D&C, $4.77M/well 2-yr FCF 10k 2-well pad | Alpha Pumping / diesel | $8.44M/well D&C, $2.22M/well 2-yr FCF 10k 6-well simul | Alpha Pumping / diesel | $8.28M/well D&C, $1.44M/well 2-yr FCF 10k lean 1600# | Alpha Pumping / diesel | $7.98M/well D&C, $1.11M/well 2-yr FCF 10k tight 150ft/6cl | Alpha Pumping / diesel | $9.10M/well D&C, $1.07M/well 2-yr FCF 10k 110bpm | Alpha Pumping / diesel | $8.70M/well D&C, $1.53M/well 2-yr FCF 10k 6-well zipper | Alpha Pumping / diesel | $8.28M/well D&C, $1.44M/well 2-yr FCF 7.5k zipper base | Alpha Pumping / dual_fuel | $6.86M/well D&C, $1.03M/well 2-yr FCF 7.5k simul-frac | Alpha Pumping / dual_fuel | $6.86M/well D&C, $1.03M/well 2-yr FCF 7.5k high-intensity | Alpha Pumping / dual_fuel | $7.16M/well D&C, $1.54M/well 2-yr FCF 7.5k long-stage 12cl | Alpha Pumping / dual_fuel | $6.60M/well D&C, $1.91M/well 2-yr FCF 10k zipper base | Alpha Pumping / dual_fuel | $8.26M/well D&C, $1.94M/well 2-yr FCF 10k simul-frac | Alpha Pumping / dual_fuel | $8.26M/well D&C, $1.94M/well 2-yr FCF 10k high-intensity | Alpha Pumping / dual_fuel | $8.66M/well D&C, $2.57M/well 2-yr FCF 10k long-stage 12cl | Alpha Pumping / dual_fuel | $7.95M/well D&C, $3.06M/well 2-yr FCF 12.5k zipper base | Alpha Pumping / dual_fuel | $9.67M/well D&C, $2.73M/well 2-yr FCF 12.5k simul-frac | Alpha Pumping / dual_fuel | $9.67M/well D&C, $2.73M/well 2-yr FCF 12.5k high-intensity | Alpha Pumping / dual_fuel | $10.16M/well D&C, $3.47M/well 2-yr FCF 12.5k long-stage 12cl | Alpha Pumping / dual_fuel | $9.36M/well D&C, $4.03M/well 2-yr FCF 15k zipper base | Alpha Pumping / dual_fuel | $11.15M/well D&C, $3.34M/well 2-yr FCF 15k simul-frac | Alpha Pumping / dual_fuel | $11.15M/well D&C, $3.34M/well 2-yr FCF 15k high-intensity | Alpha Pumping / dual_fuel | $11.75M/well D&C, $4.16M/well 2-yr FCF 15k long-stage 12cl | Alpha Pumping / dual_fuel | $10.76M/well D&C, $4.91M/well 2-yr FCF 10k 2-well pad | Alpha Pumping / dual_fuel | $8.38M/well D&C, $2.28M/well 2-yr FCF 10k 6-well simul | Alpha Pumping / dual_fuel | $8.22M/well D&C, $1.49M/well 2-yr FCF 10k lean 1600# | Alpha Pumping / dual_fuel | $7.95M/well D&C, $1.14M/well 2-yr FCF 10k tight 150ft/6cl | Alpha Pumping / dual_fuel | $9.06M/well D&C, $1.12M/well 2-yr FCF 10k 110bpm | Alpha Pumping / dual_fuel | $8.62M/well D&C, $1.61M/well 2-yr FCF 10k 6-well zipper | Alpha Pumping / dual_fuel | $8.22M/well D&C, $1.49M/well 2-yr FCF 7.5k zipper base | Alpha Pumping / e_fleet | $6.88M/well D&C, $1.02M/well 2-yr FCF 7.5k simul-frac | Alpha Pumping / e_fleet | $6.88M/well D&C, $1.02M/well 2-yr FCF 7.5k high-intensity | Alpha Pumping / e_fleet | $7.15M/well D&C, $1.55M/well 2-yr FCF 7.5k long-stage 12cl | Alpha Pumping / e_fleet | $6.59M/well D&C, $1.92M/well 2-yr FCF 10k zipper base | Alpha Pumping / e_fleet | $8.28M/well D&C, $1.93M/well 2-yr FCF 10k simul-frac | Alpha Pumping / e_fleet | $8.28M/well D&C, $1.93M/well 2-yr FCF 10k high-intensity | Alpha Pumping / e_fleet | $8.64M/well D&C, $2.59M/well 2-yr FCF 10k long-stage 12cl | Alpha Pumping / e_fleet | $7.94M/well D&C, $3.07M/well 2-yr FCF 12.5k zipper base | Alpha Pumping / e_fleet | $9.68M/well D&C, $2.72M/well 2-yr FCF 12.5k simul-frac | Alpha Pumping / e_fleet | $9.68M/well D&C, $2.72M/well 2-yr FCF 12.5k high-intensity | Alpha Pumping / e_fleet | $10.13M/well D&C, $3.50M/well 2-yr FCF 12.5k long-stage 12cl | Alpha Pumping / e_fleet | $9.34M/well D&C, $4.05M/well 2-yr FCF 15k zipper base | Alpha Pumping / e_fleet | $11.16M/well D&C, $3.33M/well 2-yr FCF 15k simul-frac | Alpha Pumping / e_fleet | $11.16M/well D&C, $3.33M/well 2-yr FCF 15k high-intensity | Alpha Pumping / e_fleet | $11.71M/well D&C, $4.20M/well 2-yr FCF 15k long-stage 12cl | Alpha Pumping / e_fleet | $10.73M/well D&C, $4.93M/well 2-yr FCF 10k 2-well pad | Alpha Pumping / e_fleet | $8.40M/well D&C, $2.27M/well 2-yr FCF 10k 6-well simul | Alpha Pumping / e_fleet | $8.24M/well D&C, $1.48M/well 2-yr FCF 10k lean 1600# | Alpha Pumping / e_fleet | $7.98M/well D&C, $1.11M/well 2-yr FCF 10k tight 150ft/6cl | Alpha Pumping / e_fleet | $9.10M/well D&C, $1.07M/well 2-yr FCF 10k 110bpm | Alpha Pumping / e_fleet | $8.64M/well D&C, $1.59M/well 2-yr FCF 10k 6-well zipper | Alpha Pumping / e_fleet | $8.24M/well D&C, $1.48M/well 2-yr FCF 7.5k zipper base | Bravo Pressure / diesel | $6.71M/well D&C, $1.18M/well 2-yr FCF 7.5k simul-frac | Bravo Pressure / diesel | $6.62M/well D&C, $1.30M/well 2-yr FCF 7.5k high-intensity | Bravo Pressure / diesel | $7.32M/well D&C, $1.38M/well 2-yr FCF 7.5k long-stage 12cl | Bravo Pressure / diesel | $6.44M/well D&C, $2.07M/well 2-yr FCF 10k zipper base | Bravo Pressure / diesel | $8.09M/well D&C, $2.12M/well 2-yr FCF 10k simul-frac | Bravo Pressure / diesel | $7.96M/well D&C, $2.30M/well 2-yr FCF 10k high-intensity | Bravo Pressure / diesel | $8.90M/well D&C, $2.33M/well 2-yr FCF 10k long-stage 12cl | Bravo Pressure / diesel | $7.72M/well D&C, $3.29M/well 2-yr FCF 12.5k zipper base | Bravo Pressure / diesel | $9.46M/well D&C, $2.94M/well 2-yr FCF 12.5k simul-frac | Bravo Pressure / diesel | $9.30M/well D&C, $3.19M/well 2-yr FCF 12.5k high-intensity | Bravo Pressure / diesel | $10.49M/well D&C, $3.14M/well 2-yr FCF 12.5k long-stage 12cl | Bravo Pressure / diesel | $9.03M/well D&C, $4.36M/well 2-yr FCF 15k zipper base | Bravo Pressure / diesel | $10.86M/well D&C, $3.63M/well 2-yr FCF 15k simul-frac | Bravo Pressure / diesel | $10.65M/well D&C, $3.96M/well 2-yr FCF 15k high-intensity | Bravo Pressure / diesel | $12.09M/well D&C, $3.82M/well 2-yr FCF 15k long-stage 12cl | Bravo Pressure / diesel | $10.37M/well D&C, $5.30M/well 2-yr FCF 10k 2-well pad | Bravo Pressure / diesel | $8.23M/well D&C, $2.44M/well 2-yr FCF 10k 6-well simul | Bravo Pressure / diesel | $7.91M/well D&C, $1.89M/well 2-yr FCF 10k lean 1600# | Bravo Pressure / diesel | $7.47M/well D&C, $1.62M/well 2-yr FCF 10k tight 150ft/6cl | Bravo Pressure / diesel | $8.33M/well D&C, $1.85M/well 2-yr FCF 10k 110bpm | Bravo Pressure / diesel | $7.89M/well D&C, $2.34M/well 2-yr FCF 10k 6-well zipper | Bravo Pressure / diesel | $8.04M/well D&C, $1.68M/well 2-yr FCF 7.5k zipper base | Bravo Pressure / dual_fuel | $6.65M/well D&C, $1.24M/well 2-yr FCF 7.5k simul-frac | Bravo Pressure / dual_fuel | $6.59M/well D&C, $1.33M/well 2-yr FCF 7.5k high-intensity | Bravo Pressure / dual_fuel | $7.25M/well D&C, $1.45M/well 2-yr FCF 7.5k long-stage 12cl | Bravo Pressure / dual_fuel | $6.36M/well D&C, $2.15M/well 2-yr FCF 10k zipper base | Bravo Pressure / dual_fuel | $8.00M/well D&C, $2.20M/well 2-yr FCF 10k simul-frac | Bravo Pressure / dual_fuel | $7.92M/well D&C, $2.34M/well 2-yr FCF 10k high-intensity | Bravo Pressure / dual_fuel | $8.80M/well D&C, $2.43M/well 2-yr FCF 10k long-stage 12cl | Bravo Pressure / dual_fuel | $7.61M/well D&C, $3.40M/well 2-yr FCF 12.5k zipper base | Bravo Pressure / dual_fuel | $9.35M/well D&C, $3.05M/well 2-yr FCF 12.5k simul-frac | Bravo Pressure / dual_fuel | $9.24M/well D&C, $3.24M/well 2-yr FCF 12.5k high-intensity | Bravo Pressure / dual_fuel | $10.35M/well D&C, $3.28M/well 2-yr FCF 12.5k long-stage 12cl | Bravo Pressure / dual_fuel | $8.89M/well D&C, $4.51M/well 2-yr FCF 15k zipper base | Bravo Pressure / dual_fuel | $10.72M/well D&C, $3.77M/well 2-yr FCF 15k simul-frac | Bravo Pressure / dual_fuel | $10.58M/well D&C, $4.03M/well 2-yr FCF 15k high-intensity | Bravo Pressure / dual_fuel | $11.92M/well D&C, $3.99M/well 2-yr FCF 15k long-stage 12cl | Bravo Pressure / dual_fuel | $10.18M/well D&C, $5.48M/well 2-yr FCF 10k 2-well pad | Bravo Pressure / dual_fuel | $8.14M/well D&C, $2.52M/well 2-yr FCF 10k 6-well simul | Bravo Pressure / dual_fuel | $7.87M/well D&C, $1.93M/well 2-yr FCF 10k lean 1600# | Bravo Pressure / dual_fuel | $7.40M/well D&C, $1.69M/well 2-yr FCF 10k tight 150ft/6cl | Bravo Pressure / dual_fuel | $8.23M/well D&C, $1.95M/well 2-yr FCF 10k 110bpm | Bravo Pressure / dual_fuel | $7.77M/well D&C, $2.46M/well 2-yr FCF 10k 6-well zipper | Bravo Pressure / dual_fuel | $7.96M/well D&C, $1.76M/well 2-yr FCF 7.5k zipper base | Bravo Pressure / e_fleet | $6.63M/well D&C, $1.26M/well 2-yr FCF 7.5k simul-frac | Bravo Pressure / e_fleet | $6.59M/well D&C, $1.33M/well 2-yr FCF 7.5k high-intensity | Bravo Pressure / e_fleet | $7.22M/well D&C, $1.48M/well 2-yr FCF 7.5k long-stage 12cl | Bravo Pressure / e_fleet | $6.31M/well D&C, $2.19M/well 2-yr FCF 10k zipper base | Bravo Pressure / e_fleet | $7.97M/well D&C, $2.24M/well 2-yr FCF 10k simul-frac | Bravo Pressure / e_fleet | $7.92M/well D&C, $2.34M/well 2-yr FCF 10k high-intensity | Bravo Pressure / e_fleet | $8.76M/well D&C, $2.48M/well 2-yr FCF 10k long-stage 12cl | Bravo Pressure / e_fleet | $7.55M/well D&C, $3.46M/well 2-yr FCF 12.5k zipper base | Bravo Pressure / e_fleet | $9.31M/well D&C, $3.10M/well 2-yr FCF 12.5k simul-frac | Bravo Pressure / e_fleet | $9.24M/well D&C, $3.24M/well 2-yr FCF 12.5k high-intensity | Bravo Pressure / e_fleet | $10.29M/well D&C, $3.34M/well 2-yr FCF 12.5k long-stage 12cl | Bravo Pressure / e_fleet | $8.80M/well D&C, $4.59M/well 2-yr FCF 15k zipper base | Bravo Pressure / e_fleet | $10.66M/well D&C, $3.84M/well 2-yr FCF 15k simul-frac | Bravo Pressure / e_fleet | $10.58M/well D&C, $4.03M/well 2-yr FCF 15k high-intensity | Bravo Pressure / e_fleet | $11.84M/well D&C, $4.07M/well 2-yr FCF 15k long-stage 12cl | Bravo Pressure / e_fleet | $10.08M/well D&C, $5.58M/well 2-yr FCF 10k 2-well pad | Bravo Pressure / e_fleet | $8.11M/well D&C, $2.56M/well 2-yr FCF 10k 6-well simul | Bravo Pressure / e_fleet | $7.87M/well D&C, $1.93M/well 2-yr FCF 10k lean 1600# | Bravo Pressure / e_fleet | $7.37M/well D&C, $1.72M/well 2-yr FCF 10k tight 150ft/6cl | Bravo Pressure / e_fleet | $8.18M/well D&C, $1.99M/well 2-yr FCF 10k 110bpm | Bravo Pressure / e_fleet | $7.69M/well D&C, $2.54M/well 2-yr FCF 10k 6-well zipper | Bravo Pressure / e_fleet | $7.92M/well D&C, $1.80M/well 2-yr FCF 7.5k zipper base | Cobalt Frac / diesel | $6.86M/well D&C, $1.03M/well 2-yr FCF 7.5k simul-frac | Cobalt Frac / diesel | $6.48M/well D&C, $1.46M/well 2-yr FCF 7.5k high-intensity | Cobalt Frac / diesel | $7.40M/well D&C, $1.30M/well 2-yr FCF 7.5k long-stage 12cl | Cobalt Frac / diesel | $6.55M/well D&C, $1.96M/well 2-yr FCF 10k zipper base | Cobalt Frac / diesel | $8.25M/well D&C, $1.96M/well 2-yr FCF 10k simul-frac | Cobalt Frac / diesel | $7.74M/well D&C, $2.55M/well 2-yr FCF 10k high-intensity | Cobalt Frac / diesel | $8.97M/well D&C, $2.26M/well 2-yr FCF 10k long-stage 12cl | Cobalt Frac / diesel | $7.85M/well D&C, $3.16M/well 2-yr FCF 12.5k zipper base | Cobalt Frac / diesel | $9.64M/well D&C, $2.76M/well 2-yr FCF 12.5k simul-frac | Cobalt Frac / diesel | $9.01M/well D&C, $3.53M/well 2-yr FCF 12.5k high-intensity | Cobalt Frac / diesel | $10.55M/well D&C, $3.08M/well 2-yr FCF 12.5k long-stage 12cl | Cobalt Frac / diesel | $9.17M/well D&C, $4.22M/well 2-yr FCF 15k zipper base | Cobalt Frac / diesel | $11.06M/well D&C, $3.43M/well 2-yr FCF 15k simul-frac | Cobalt Frac / diesel | $10.30M/well D&C, $4.39M/well 2-yr FCF 15k high-intensity | Cobalt Frac / diesel | $12.16M/well D&C, $3.75M/well 2-yr FCF 15k long-stage 12cl | Cobalt Frac / diesel | $10.51M/well D&C, $5.15M/well 2-yr FCF 10k 2-well pad | Cobalt Frac / diesel | $8.47M/well D&C, $2.20M/well 2-yr FCF 10k 6-well simul | Cobalt Frac / diesel | $7.67M/well D&C, $2.19M/well 2-yr FCF 10k lean 1600# | Cobalt Frac / diesel | $7.70M/well D&C, $1.39M/well 2-yr FCF 10k tight 150ft/6cl | Cobalt Frac / diesel | $8.62M/well D&C, $1.55M/well 2-yr FCF 10k 110bpm | Cobalt Frac / diesel | $8.11M/well D&C, $2.12M/well 2-yr FCF 10k 6-well zipper | Cobalt Frac / diesel | $8.17M/well D&C, $1.54M/well 2-yr FCF 7.5k zipper base | Cobalt Frac / dual_fuel | $6.79M/well D&C, $1.10M/well 2-yr FCF 7.5k simul-frac | Cobalt Frac / dual_fuel | $6.41M/well D&C, $1.54M/well 2-yr FCF 7.5k high-intensity | Cobalt Frac / dual_fuel | $7.31M/well D&C, $1.39M/well 2-yr FCF 7.5k long-stage 12cl | Cobalt Frac / dual_fuel | $6.47M/well D&C, $2.04M/well 2-yr FCF 10k zipper base | Cobalt Frac / dual_fuel | $8.15M/well D&C, $2.05M/well 2-yr FCF 10k simul-frac | Cobalt Frac / dual_fuel | $7.64M/well D&C, $2.66M/well 2-yr FCF 10k high-intensity | Cobalt Frac / dual_fuel | $8.85M/well D&C, $2.38M/well 2-yr FCF 10k long-stage 12cl | Cobalt Frac / dual_fuel | $7.72M/well D&C, $3.29M/well 2-yr FCF 12.5k zipper base | Cobalt Frac / dual_fuel | $9.51M/well D&C, $2.89M/well 2-yr FCF 12.5k simul-frac | Cobalt Frac / dual_fuel | $8.87M/well D&C, $3.67M/well 2-yr FCF 12.5k high-intensity | Cobalt Frac / dual_fuel | $10.39M/well D&C, $3.24M/well 2-yr FCF 12.5k long-stage 12cl | Cobalt Frac / dual_fuel | $9.01M/well D&C, $4.38M/well 2-yr FCF 15k zipper base | Cobalt Frac / dual_fuel | $10.90M/well D&C, $3.59M/well 2-yr FCF 15k simul-frac | Cobalt Frac / dual_fuel | $10.12M/well D&C, $4.56M/well 2-yr FCF 15k high-intensity | Cobalt Frac / dual_fuel | $11.95M/well D&C, $3.96M/well 2-yr FCF 15k long-stage 12cl | Cobalt Frac / dual_fuel | $10.31M/well D&C, $5.35M/well 2-yr FCF 10k 2-well pad | Cobalt Frac / dual_fuel | $8.37M/well D&C, $2.29M/well 2-yr FCF 10k 6-well simul | Cobalt Frac / dual_fuel | $7.56M/well D&C, $2.30M/well 2-yr FCF 10k lean 1600# | Cobalt Frac / dual_fuel | $7.62M/well D&C, $1.47M/well 2-yr FCF 10k tight 150ft/6cl | Cobalt Frac / dual_fuel | $8.52M/well D&C, $1.66M/well 2-yr FCF 10k 110bpm | Cobalt Frac / dual_fuel | $7.97M/well D&C, $2.25M/well 2-yr FCF 10k 6-well zipper | Cobalt Frac / dual_fuel | $8.08M/well D&C, $1.64M/well 2-yr FCF 7.5k zipper base | Cobalt Frac / e_fleet | $6.76M/well D&C, $1.13M/well 2-yr FCF 7.5k simul-frac | Cobalt Frac / e_fleet | $6.36M/well D&C, $1.58M/well 2-yr FCF 7.5k high-intensity | Cobalt Frac / e_fleet | $7.27M/well D&C, $1.43M/well 2-yr FCF 7.5k long-stage 12cl | Cobalt Frac / e_fleet | $6.42M/well D&C, $2.09M/well 2-yr FCF 10k zipper base | Cobalt Frac / e_fleet | $8.11M/well D&C, $2.10M/well 2-yr FCF 10k simul-frac | Cobalt Frac / e_fleet | $7.57M/well D&C, $2.72M/well 2-yr FCF 10k high-intensity | Cobalt Frac / e_fleet | $8.79M/well D&C, $2.44M/well 2-yr FCF 10k long-stage 12cl | Cobalt Frac / e_fleet | $7.65M/well D&C, $3.36M/well 2-yr FCF 12.5k zipper base | Cobalt Frac / e_fleet | $9.45M/well D&C, $2.95M/well 2-yr FCF 12.5k simul-frac | Cobalt Frac / e_fleet | $8.78M/well D&C, $3.75M/well 2-yr FCF 12.5k high-intensity | Cobalt Frac / e_fleet | $10.31M/well D&C, $3.32M/well 2-yr FCF 12.5k long-stage 12cl | Cobalt Frac / e_fleet | $8.91M/well D&C, $4.48M/well 2-yr FCF 15k zipper base | Cobalt Frac / e_fleet | $10.83M/well D&C, $3.67M/well 2-yr FCF 15k simul-frac | Cobalt Frac / e_fleet | $10.02M/well D&C, $4.67M/well 2-yr FCF 15k high-intensity | Cobalt Frac / e_fleet | $11.85M/well D&C, $4.06M/well 2-yr FCF 15k long-stage 12cl | Cobalt Frac / e_fleet | $10.19M/well D&C, $5.47M/well 2-yr FCF 10k 2-well pad | Cobalt Frac / e_fleet | $8.33M/well D&C, $2.33M/well 2-yr FCF 10k 6-well simul | Cobalt Frac / e_fleet | $7.49M/well D&C, $2.36M/well 2-yr FCF 10k lean 1600# | Cobalt Frac / e_fleet | $7.59M/well D&C, $1.50M/well 2-yr FCF 10k tight 150ft/6cl | Cobalt Frac / e_fleet | $8.47M/well D&C, $1.71M/well 2-yr FCF 10k 110bpm | Cobalt Frac / e_fleet | $7.89M/well D&C, $2.33M/well 2-yr FCF 10k 6-well zipper | Cobalt Frac / e_fleet | $8.03M/well D&C, $1.68M/well 2-yr FCF 7.5k zipper base | Delta Well Services / diesel | $6.68M/well D&C, $1.22M/well 2-yr FCF 7.5k simul-frac | Delta Well Services / diesel | $6.68M/well D&C, $1.22M/well 2-yr FCF 7.5k high-intensity | Delta Well Services / diesel | $7.00M/well D&C, $1.70M/well 2-yr FCF 7.5k long-stage 12cl | Delta Well Services / diesel | $6.47M/well D&C, $2.04M/well 2-yr FCF 10k zipper base | Delta Well Services / diesel | $8.03M/well D&C, $2.18M/well 2-yr FCF 10k simul-frac | Delta Well Services / diesel | $8.03M/well D&C, $2.18M/well 2-yr FCF 10k high-intensity | Delta Well Services / diesel | $8.46M/well D&C, $2.77M/well 2-yr FCF 10k long-stage 12cl | Delta Well Services / diesel | $7.75M/well D&C, $3.25M/well 2-yr FCF 12.5k zipper base | Delta Well Services / diesel | $9.39M/well D&C, $3.02M/well 2-yr FCF 12.5k simul-frac | Delta Well Services / diesel | $9.39M/well D&C, $3.02M/well 2-yr FCF 12.5k high-intensity | Delta Well Services / diesel | $9.93M/well D&C, $3.70M/well 2-yr FCF 12.5k long-stage 12cl | Delta Well Services / diesel | $9.08M/well D&C, $4.30M/well 2-yr FCF 15k zipper base | Delta Well Services / diesel | $10.79M/well D&C, $3.70M/well 2-yr FCF 15k simul-frac | Delta Well Services / diesel | $10.79M/well D&C, $3.70M/well 2-yr FCF 15k high-intensity | Delta Well Services / diesel | $11.45M/well D&C, $4.46M/well 2-yr FCF 15k long-stage 12cl | Delta Well Services / diesel | $10.47M/well D&C, $5.17M/well 2-yr FCF 10k 2-well pad | Delta Well Services / diesel | $8.13M/well D&C, $2.53M/well 2-yr FCF 10k 6-well simul | Delta Well Services / diesel | $7.99M/well D&C, $1.72M/well 2-yr FCF 10k lean 1600# | Delta Well Services / diesel | $7.68M/well D&C, $1.41M/well 2-yr FCF 10k tight 150ft/6cl | Delta Well Services / diesel | $8.72M/well D&C, $1.46M/well 2-yr FCF 10k 110bpm | Delta Well Services / diesel | $8.28M/well D&C, $1.94M/well 2-yr FCF 10k 6-well zipper | Delta Well Services / diesel | $7.99M/well D&C, $1.72M/well 2-yr FCF 7.5k zipper base | Delta Well Services / dual_fuel | $6.64M/well D&C, $1.25M/well 2-yr FCF 7.5k simul-frac | Delta Well Services / dual_fuel | $6.64M/well D&C, $1.25M/well 2-yr FCF 7.5k high-intensity | Delta Well Services / dual_fuel | $6.93M/well D&C, $1.77M/well 2-yr FCF 7.5k long-stage 12cl | Delta Well Services / dual_fuel | $6.42M/well D&C, $2.08M/well 2-yr FCF 10k zipper base | Delta Well Services / dual_fuel | $7.97M/well D&C, $2.23M/well 2-yr FCF 10k simul-frac | Delta Well Services / dual_fuel | $7.97M/well D&C, $2.23M/well 2-yr FCF 10k high-intensity | Delta Well Services / dual_fuel | $8.37M/well D&C, $2.86M/well 2-yr FCF 10k long-stage 12cl | Delta Well Services / dual_fuel | $7.68M/well D&C, $3.32M/well 2-yr FCF 12.5k zipper base | Delta Well Services / dual_fuel | $9.31M/well D&C, $3.09M/well 2-yr FCF 12.5k simul-frac | Delta Well Services / dual_fuel | $9.31M/well D&C, $3.09M/well 2-yr FCF 12.5k high-intensity | Delta Well Services / dual_fuel | $9.81M/well D&C, $3.82M/well 2-yr FCF 12.5k long-stage 12cl | Delta Well Services / dual_fuel | $8.99M/well D&C, $4.39M/well 2-yr FCF 15k zipper base | Delta Well Services / dual_fuel | $10.69M/well D&C, $3.80M/well 2-yr FCF 15k simul-frac | Delta Well Services / dual_fuel | $10.69M/well D&C, $3.80M/well 2-yr FCF 15k high-intensity | Delta Well Services / dual_fuel | $11.29M/well D&C, $4.62M/well 2-yr FCF 15k long-stage 12cl | Delta Well Services / dual_fuel | $10.36M/well D&C, $5.28M/well 2-yr FCF 10k 2-well pad | Delta Well Services / dual_fuel | $8.08M/well D&C, $2.59M/well 2-yr FCF 10k 6-well simul | Delta Well Services / dual_fuel | $7.94M/well D&C, $1.78M/well 2-yr FCF 10k lean 1600# | Delta Well Services / dual_fuel | $7.66M/well D&C, $1.44M/well 2-yr FCF 10k tight 150ft/6cl | Delta Well Services / dual_fuel | $8.67M/well D&C, $1.50M/well 2-yr FCF 10k 110bpm | Delta Well Services / dual_fuel | $8.22M/well D&C, $2.00M/well 2-yr FCF 10k 6-well zipper | Delta Well Services / dual_fuel | $7.94M/well D&C, $1.78M/well 2-yr FCF 7.5k zipper base | Delta Well Services / e_fleet | $6.65M/well D&C, $1.24M/well 2-yr FCF 7.5k simul-frac | Delta Well Services / e_fleet | $6.65M/well D&C, $1.24M/well 2-yr FCF 7.5k high-intensity | Delta Well Services / e_fleet | $6.92M/well D&C, $1.78M/well 2-yr FCF 7.5k long-stage 12cl | Delta Well Services / e_fleet | $6.42M/well D&C, $2.08M/well 2-yr FCF 10k zipper base | Delta Well Services / e_fleet | $7.98M/well D&C, $2.22M/well 2-yr FCF 10k simul-frac | Delta Well Services / e_fleet | $7.98M/well D&C, $2.22M/well 2-yr FCF 10k high-intensity | Delta Well Services / e_fleet | $8.35M/well D&C, $2.88M/well 2-yr FCF 10k long-stage 12cl | Delta Well Services / e_fleet | $7.67M/well D&C, $3.33M/well 2-yr FCF 12.5k zipper base | Delta Well Services / e_fleet | $9.32M/well D&C, $3.09M/well 2-yr FCF 12.5k simul-frac | Delta Well Services / e_fleet | $9.32M/well D&C, $3.09M/well 2-yr FCF 12.5k high-intensity | Delta Well Services / e_fleet | $9.77M/well D&C, $3.86M/well 2-yr FCF 12.5k long-stage 12cl | Delta Well Services / e_fleet | $8.97M/well D&C, $4.40M/well 2-yr FCF 15k zipper base | Delta Well Services / e_fleet | $10.70M/well D&C, $3.80M/well 2-yr FCF 15k simul-frac | Delta Well Services / e_fleet | $10.70M/well D&C, $3.80M/well 2-yr FCF 15k high-intensity | Delta Well Services / e_fleet | $11.24M/well D&C, $4.66M/well 2-yr FCF 15k long-stage 12cl | Delta Well Services / e_fleet | $10.34M/well D&C, $5.30M/well 2-yr FCF 10k 2-well pad | Delta Well Services / e_fleet | $8.09M/well D&C, $2.58M/well 2-yr FCF 10k 6-well simul | Delta Well Services / e_fleet | $7.95M/well D&C, $1.77M/well 2-yr FCF 10k lean 1600# | Delta Well Services / e_fleet | $7.69M/well D&C, $1.41M/well 2-yr FCF 10k tight 150ft/6cl | Delta Well Services / e_fleet | $8.71M/well D&C, $1.46M/well 2-yr FCF 10k 110bpm | Delta Well Services / e_fleet | $8.23M/well D&C, $1.99M/well 2-yr FCF 10k 6-well zipper | Delta Well Services / e_fleet | $7.95M/well D&C, $1.77M/well 2-yr FCF 7.5k zipper base | Echo Energy Services / diesel | $6.96M/well D&C, $936k/well 2-yr FCF 7.5k simul-frac | Echo Energy Services / diesel | $6.48M/well D&C, $1.47M/well 2-yr FCF 7.5k high-intensity | Echo Energy Services / diesel | $7.62M/well D&C, $1.08M/well 2-yr FCF 7.5k long-stage 12cl | Echo Energy Services / diesel | $6.64M/well D&C, $1.87M/well 2-yr FCF 10k zipper base | Echo Energy Services / diesel | $8.40M/well D&C, $1.80M/well 2-yr FCF 10k simul-frac | Echo Energy Services / diesel | $7.76M/well D&C, $2.53M/well 2-yr FCF 10k high-intensity | Echo Energy Services / diesel | $9.30M/well D&C, $1.94M/well 2-yr FCF 10k long-stage 12cl | Echo Energy Services / diesel | $7.98M/well D&C, $3.03M/well 2-yr FCF 12.5k zipper base | Echo Energy Services / diesel | $9.85M/well D&C, $2.55M/well 2-yr FCF 12.5k simul-frac | Echo Energy Services / diesel | $9.06M/well D&C, $3.48M/well 2-yr FCF 12.5k high-intensity | Echo Energy Services / diesel | $10.97M/well D&C, $2.66M/well 2-yr FCF 12.5k long-stage 12cl | Echo Energy Services / diesel | $9.36M/well D&C, $4.04M/well 2-yr FCF 15k zipper base | Echo Energy Services / diesel | $11.33M/well D&C, $3.17M/well 2-yr FCF 15k simul-frac | Echo Energy Services / diesel | $10.37M/well D&C, $4.32M/well 2-yr FCF 15k high-intensity | Echo Energy Services / diesel | $12.67M/well D&C, $3.23M/well 2-yr FCF 15k long-stage 12cl | Echo Energy Services / diesel | $10.76M/well D&C, $4.91M/well 2-yr FCF 10k 2-well pad | Echo Energy Services / diesel | $8.56M/well D&C, $2.10M/well 2-yr FCF 10k 6-well simul | Echo Energy Services / diesel | $7.71M/well D&C, $2.15M/well 2-yr FCF 10k lean 1600# | Echo Energy Services / diesel | $7.73M/well D&C, $1.36M/well 2-yr FCF 10k tight 150ft/6cl | Echo Energy Services / diesel | $8.66M/well D&C, $1.52M/well 2-yr FCF 10k 110bpm | Echo Energy Services / diesel | $8.16M/well D&C, $2.07M/well 2-yr FCF 10k 6-well zipper | Echo Energy Services / diesel | $8.35M/well D&C, $1.37M/well 2-yr FCF 7.5k zipper base | Echo Energy Services / dual_fuel | $6.88M/well D&C, $1.01M/well 2-yr FCF 7.5k simul-frac | Echo Energy Services / dual_fuel | $6.39M/well D&C, $1.55M/well 2-yr FCF 7.5k high-intensity | Echo Energy Services / dual_fuel | $7.53M/well D&C, $1.17M/well 2-yr FCF 7.5k long-stage 12cl | Echo Energy Services / dual_fuel | $6.54M/well D&C, $1.96M/well 2-yr FCF 10k zipper base | Echo Energy Services / dual_fuel | $8.30M/well D&C, $1.91M/well 2-yr FCF 10k simul-frac | Echo Energy Services / dual_fuel | $7.65M/well D&C, $2.65M/well 2-yr FCF 10k high-intensity | Echo Energy Services / dual_fuel | $9.16M/well D&C, $2.07M/well 2-yr FCF 10k long-stage 12cl | Echo Energy Services / dual_fuel | $7.85M/well D&C, $3.16M/well 2-yr FCF 12.5k zipper base | Echo Energy Services / dual_fuel | $9.71M/well D&C, $2.69M/well 2-yr FCF 12.5k simul-frac | Echo Energy Services / dual_fuel | $8.90M/well D&C, $3.63M/well 2-yr FCF 12.5k high-intensity | Echo Energy Services / dual_fuel | $10.80M/well D&C, $2.83M/well 2-yr FCF 12.5k long-stage 12cl | Echo Energy Services / dual_fuel | $9.19M/well D&C, $4.21M/well 2-yr FCF 15k zipper base | Echo Energy Services / dual_fuel | $11.15M/well D&C, $3.34M/well 2-yr FCF 15k simul-frac | Echo Energy Services / dual_fuel | $10.18M/well D&C, $4.51M/well 2-yr FCF 15k high-intensity | Echo Energy Services / dual_fuel | $12.45M/well D&C, $3.45M/well 2-yr FCF 15k long-stage 12cl | Echo Energy Services / dual_fuel | $10.54M/well D&C, $5.12M/well 2-yr FCF 10k 2-well pad | Echo Energy Services / dual_fuel | $8.45M/well D&C, $2.21M/well 2-yr FCF 10k 6-well simul | Echo Energy Services / dual_fuel | $7.59M/well D&C, $2.26M/well 2-yr FCF 10k lean 1600# | Echo Energy Services / dual_fuel | $7.65M/well D&C, $1.45M/well 2-yr FCF 10k tight 150ft/6cl | Echo Energy Services / dual_fuel | $8.53M/well D&C, $1.64M/well 2-yr FCF 10k 110bpm | Echo Energy Services / dual_fuel | $8.02M/well D&C, $2.21M/well 2-yr FCF 10k 6-well zipper | Echo Energy Services / dual_fuel | $8.24M/well D&C, $1.47M/well 2-yr FCF 7.5k zipper base | Echo Energy Services / e_fleet | $6.86M/well D&C, $1.04M/well 2-yr FCF 7.5k simul-frac | Echo Energy Services / e_fleet | $6.35M/well D&C, $1.59M/well 2-yr FCF 7.5k high-intensity | Echo Energy Services / e_fleet | $7.50M/well D&C, $1.20M/well 2-yr FCF 7.5k long-stage 12cl | Echo Energy Services / e_fleet | $6.50M/well D&C, $2.01M/well 2-yr FCF 10k zipper base | Echo Energy Services / e_fleet | $8.26M/well D&C, $1.94M/well 2-yr FCF 10k simul-frac | Echo Energy Services / e_fleet | $7.59M/well D&C, $2.70M/well 2-yr FCF 10k high-intensity | Echo Energy Services / e_fleet | $9.12M/well D&C, $2.11M/well 2-yr FCF 10k long-stage 12cl | Echo Energy Services / e_fleet | $7.79M/well D&C, $3.22M/well 2-yr FCF 12.5k zipper base | Echo Energy Services / e_fleet | $9.67M/well D&C, $2.73M/well 2-yr FCF 12.5k simul-frac | Echo Energy Services / e_fleet | $8.82M/well D&C, $3.71M/well 2-yr FCF 12.5k high-intensity | Echo Energy Services / e_fleet | $10.74M/well D&C, $2.89M/well 2-yr FCF 12.5k long-stage 12cl | Echo Energy Services / e_fleet | $9.10M/well D&C, $4.29M/well 2-yr FCF 15k zipper base | Echo Energy Services / e_fleet | $11.09M/well D&C, $3.40M/well 2-yr FCF 15k simul-frac | Echo Energy Services / e_fleet | $10.08M/well D&C, $4.61M/well 2-yr FCF 15k high-intensity | Echo Energy Services / e_fleet | $12.38M/well D&C, $3.53M/well 2-yr FCF 15k long-stage 12cl | Echo Energy Services / e_fleet | $10.44M/well D&C, $5.22M/well 2-yr FCF 10k 2-well pad | Echo Energy Services / e_fleet | $8.42M/well D&C, $2.24M/well 2-yr FCF 10k 6-well simul | Echo Energy Services / e_fleet | $7.53M/well D&C, $2.32M/well 2-yr FCF 10k lean 1600# | Echo Energy Services / e_fleet | $7.62M/well D&C, $1.47M/well 2-yr FCF 10k tight 150ft/6cl | Echo Energy Services / e_fleet | $8.49M/well D&C, $1.69M/well 2-yr FCF 10k 110bpm | Echo Energy Services / e_fleet | $7.94M/well D&C, $2.29M/well 2-yr FCF 10k 6-well zipper | Echo Energy Services / e_fleet | $8.21M/well D&C, $1.51M/well 2-yr FCF FRONTIER: 7.5k long-stage 12cl | Bravo Pressure / e_fleet 1 FRONTIER: 10k 6-well simul | Cobalt Frac / e_fleet 2 FRONTIER: 10k long-stage 12cl | Bravo Pressure / e_fleet 3 FRONTIER: 12.5k simul-frac | Cobalt Frac / e_fleet 4 FRONTIER: 12.5k long-stage 12cl | Bravo Pressure / e_fleet 5 FRONTIER: 15k simul-frac | Cobalt Frac / e_fleet 6 FRONTIER: 15k long-stage 12cl | Bravo Pressure / e_fleet 7 Frontier points # Design Bid D&C/well 2-yr FCF/well FCF/capex 1 7.5k long-stage 12cl Bravo Pressure / e_fleet $6.31M $2.19M 0.35 2 10k 6-well simul Cobalt Frac / e_fleet $7.49M $2.36M 0.32 3 10k long-stage 12cl Bravo Pressure / e_fleet $7.55M $3.46M 0.46 4 12.5k simul-frac Cobalt Frac / e_fleet $8.78M $3.75M 0.43 5 12.5k long-stage 12cl Bravo Pressure / e_fleet $8.80M $4.59M 0.52 6 15k simul-frac Cobalt Frac / e_fleet $10.02M $4.67M 0.47 7 15k long-stage 12cl Bravo Pressure / e_fleet $10.08M $5.58M 0.55
Top 20 by 2-yr before-tax FCF per capital dollar (e=0.75) Rank Design Bid Mode Wells Cycle d Stg/d Compl $/well D&C $/well 2-yr FCF pad FCF/capex NPV10 pad NPV/capex 1 15k long-stage 12cl Bravo Pressure / e_fleet zipper 4 46.7 8.7 $5.14M $10.08M $22.3M 0.554 $74.0M 1.83 2 15k long-stage 12cl Bravo Pressure / dual_fuel zipper 4 46.7 8.7 $5.24M $10.18M $21.9M 0.538 $73.6M 1.81 3 15k long-stage 12cl Cobalt Frac / e_fleet zipper 4 46.7 8.7 $5.25M $10.19M $21.9M 0.536 $73.5M 1.80 4 12.5k long-stage 12cl Bravo Pressure / e_fleet zipper 4 41.2 8.7 $4.32M $8.80M $18.4M 0.522 $61.1M 1.74 5 15k long-stage 12cl Cobalt Frac / dual_fuel zipper 4 46.7 8.7 $5.37M $10.31M $21.4M 0.519 $73.1M 1.77 6 15k long-stage 12cl Delta Well Services / e_fleet zipper 4 48.2 8.2 $5.40M $10.34M $21.2M 0.513 $72.9M 1.76 7 15k long-stage 12cl Bravo Pressure / diesel zipper 4 46.7 8.7 $5.42M $10.37M $21.2M 0.511 $72.9M 1.76 8 15k long-stage 12cl Delta Well Services / dual_fuel zipper 4 48.2 8.2 $5.41M $10.36M $21.1M 0.510 $72.9M 1.76 9 12.5k long-stage 12cl Bravo Pressure / dual_fuel zipper 4 41.2 8.7 $4.40M $8.89M $18.0M 0.507 $60.8M 1.71 10 12.5k long-stage 12cl Cobalt Frac / e_fleet zipper 4 41.2 8.7 $4.43M $8.91M $17.9M 0.503 $60.7M 1.70 11 15k long-stage 12cl Echo Energy Services / e_fleet zipper 4 46.7 8.7 $5.50M $10.44M $20.9M 0.500 $72.6M 1.74 12 15k long-stage 12cl Delta Well Services / diesel zipper 4 48.2 8.2 $5.53M $10.47M $20.7M 0.494 $72.4M 1.73 13 12.5k long-stage 12cl Delta Well Services / e_fleet zipper 4 42.6 8.2 $4.49M $8.97M $17.6M 0.490 $60.4M 1.68 14 15k long-stage 12cl Cobalt Frac / diesel zipper 4 46.7 8.7 $5.57M $10.51M $20.6M 0.490 $72.3M 1.72 15 12.5k long-stage 12cl Delta Well Services / dual_fuel zipper 4 42.6 8.2 $4.50M $8.99M $17.6M 0.488 $60.4M 1.68 16 12.5k long-stage 12cl Cobalt Frac / dual_fuel zipper 4 41.2 8.7 $4.53M $9.01M $17.5M 0.487 $60.3M 1.67 17 15k long-stage 12cl Echo Energy Services / dual_fuel zipper 4 46.7 8.7 $5.60M $10.54M $20.5M 0.485 $72.2M 1.71 18 12.5k long-stage 12cl Bravo Pressure / diesel zipper 4 41.2 8.7 $4.55M $9.03M $17.4M 0.482 $60.2M 1.67 19 12.5k long-stage 12cl Delta Well Services / diesel zipper 4 42.6 8.2 $4.60M $9.08M $17.2M 0.473 $60.0M 1.65 20 12.5k long-stage 12cl Echo Energy Services / e_fleet zipper 4 41.2 8.7 $4.62M $9.10M $17.2M 0.471 $60.0M 1.65
Bid robustness: share of (design x efficiency) cells where each bid ranks #1 Bid Cells won Share Bravo Pressure / e_fleet 91 46% Cobalt Frac / e_fleet 41 21% Delta Well Services / e_fleet 36 18% Echo Energy Services / e_fleet 21 11% Delta Well Services / dual_fuel 9 5%
6. Monte Carlo: cycle-time and cost uncertainty 400 stochastic runs of the base pad (screenouts, pump failures, wireline misruns, sand/water delays, weather, stuck-pipe on drillout; lognormal durations). 0.63 s.
Pad cycle time, days 0 10 20 30 40 50 runs 39 40 41 42 43 44 45 46 pad cycle time, days 38.4-38.7: 2 runs 38.7-39.0: 5 runs 39.0-39.3: 12 runs 39.3-39.6: 12 runs 39.6-39.9: 24 runs 39.9-40.2: 27 runs 40.2-40.5: 35 runs 40.5-40.8: 37 runs 40.8-41.1: 48 runs 41.1-41.4: 43 runs 41.4-41.7: 32 runs 41.7-42.0: 27 runs 42.0-42.3: 26 runs 42.3-42.6: 25 runs 42.6-42.9: 14 runs 42.9-43.2: 11 runs 43.2-43.5: 5 runs 43.5-43.8: 4 runs 43.8-44.1: 3 runs 44.1-44.4: 2 runs 44.4-44.7: 1 runs 44.7-45.0: 1 runs 45.0-45.3: 0 runs 45.3-45.6: 2 runs 45.6-46.0: 1 runs 46.0-46.3: 0 runs 46.3-46.6: 0 runs 46.6-46.9: 1 runs P10 39.7 P50 41.1 P90 42.7 Percentiles Metric P10 P50 P90 Mean Cycle time, d 39.7 41.1 42.7 41.2 Frac phase, d 20.9 21.7 22.8 21.8 Completion $/well $3.93M $3.95M $3.97M $3.95M
P10 = low/fast case, P90 = high/slow case. Cost spread is narrow because most of the bill is volume-driven (sand, water, per-stage pricing); time-driven items are a minority.
7. Calibration demo (synthetic actuals) 14 synthetic "actual" pads were generated from hidden parameters (one stochastic realisation each, plus 4%/3% measurement noise on time/cost). Four model parameters were fitted on 9 pads by Nelder-Mead (3.8 s) and scored on 5 held-out pads. This shows the mechanics work; it is not evidence of accuracy on real field data, because the "actuals" come from the same model structure.
Parameters Parameter Hidden truth Uncalibrated Fitted efficiency 0.680 0.750 0.673 npt_scale 1.450 1.000 1.577 wl_speed_scale 0.850 1.000 0.887 fuel_scale 1.120 1.000 1.139
Mean absolute % error Set Stage Cycle time Frac days Completion cost Train (9) before 5.4% 10.2% 3.4% Train (9) after 3.8% 1.9% 2.4% Holdout (5) before 7.2% 15.8% 5.7% Holdout (5) after 2.4% 6.1% 3.8%
Holdout pads: model vs actual Design Bid Actual cycle d Model cycle d Err Actual pad cost Model pad cost Err 10k lean 1600# Delta Well Services / diesel 43.2 40.8 -5.7% $15.78M $14.93M -5.4% 7.5k long-stage 12cl Bravo Pressure / diesel 33.2 32.7 -1.7% $12.35M $11.75M -4.9% 10k simul-frac Cobalt Frac / dual_fuel 34.3 33.7 -1.6% $15.76M $15.37M -2.5% 12.5k zipper base Alpha Pumping / e_fleet 50.0 50.7 +1.4% $20.26M $20.95M +3.4% 10k zipper base Bravo Pressure / e_fleet 43.3 43.9 +1.4% $16.39M $15.93M -2.8%
8. Pad and program capital plan, annual roll-ups Program = 10 pads/yr of the top-ranked design ("15k long-stage 12cl"), same vendor across its three fleet options.
Annual roll-up Bid Pads Wells Stages Pump h Sand tons Water MMbbl Diesel k gal Gas MMcf Fuel $ Chem $ Sand $ Completion capital D&C capital Bravo Pressure / diesel 10 40 2,320 4,743 660,000 27.0 6,630 0 $20.6M $16.2M $29.7M $217M $415M Bravo Pressure / dual_fuel 10 40 2,320 4,743 660,000 27.0 3,047 555 $10.8M $16.2M $29.7M $210M $407M Bravo Pressure / e_fleet 10 40 2,320 4,743 660,000 27.0 0 1,104 $2.7M $16.2M $29.7M $205M $403M
Program capital by month (pads spudded evenly through year 1) Drilling Completion Facilities
$0M $10M $20M $30M USD per month M1 - Drilling: $6M M1 M2 - Drilling: $11M M2 M3 - Drilling: $15M M3 - Completion: $0M M3 M4 - Drilling: $14M M4 - Completion: $13M M4 - Facilities: $1M M4 M5 - Drilling: $14M M5 - Completion: $18M M5 - Facilities: $2M M5 M6 - Drilling: $14M M6 - Completion: $18M M6 - Facilities: $2M M6 M7 - Drilling: $15M M7 - Completion: $18M M7 - Facilities: $2M M7 M8 - Drilling: $15M M8 - Completion: $17M M8 - Facilities: $2M M8 M9 - Drilling: $15M M9 - Completion: $15M M9 - Facilities: $1M M9 M10 - Drilling: $14M M10 - Completion: $17M M10 - Facilities: $1M M10 M11 - Drilling: $14M M11 - Completion: $18M M11 - Facilities: $2M M11 M12 - Drilling: $14M M12 - Completion: $18M M12 - Facilities: $2M M12 M13 - Drilling: $9M M13 - Completion: $18M M13 - Facilities: $2M M13 M14 - Drilling: $5M M14 - Completion: $17M M14 - Facilities: $2M M14 M15 - Completion: $15M M15 - Facilities: $1M M15 Single-pad capital plan (15k long-stage 12cl, Bravo Pressure / e_fleet) Item Pad total Per well Frac: pumping service $7.61M $1.90M Frac: mobilization $310k $78k Fuel $265k $66k Sand (incl. last mile) $2.97M $743k Water $2.01M $502k Chemicals $1.62M $405k Wireline & perforating $2.47M $616k Plugs $217k $54k Prep $340k $85k Drillout $403k $101k Rig-out & flowback $560k $140k Supervision & rentals $980k $245k Contingency $790k $198k Completion $20.54M $5.14M Drilling $17.70M $4.42M Facilities $2.08M $520k D&C total $40.32M $10.08M Spud-to-sales, days 137 2-yr before-tax FCF $22.33M $5.58M NPV10 $73.98M $18.49M
Total run time 8.8 s (sweep 4.2 s, Monte Carlo 0.6 s, calibration 3.8 s). Python 3.9.6, single core. See README.md for assumptions and limits.