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Replies to post #19 on Select Sands Corp. (SLSDF)
56Chevy
01/11/17 4:32 PM
#20 RE: 56Chevy #19
Doubling the amount of sand used per foot of well has a minimal effect on overall cost, yet can increase the overall rate of return by 40%, increasing the profitability of a well by about $2 million. Economics such as this is why, according to RBN Energy, some oil producers are now fracking wells with five or even six times more sand than they used just a year ago -- as much as 15,000 tons for a single well.