WCSB pressure pumping supply and demand is poised to benefit from an increase in stages per well and proppant per well. We believe this could cause supply and demand to tighten more quickly than anticipated in an activity recovery. Higher service intensity has been particularly evident in the Montney and Duvernay, where stages per well have generated a 2012-1Q16 CAGR of 23% and 44%, respectively, and a proppant per well CAGR of 39% and 62%. Our investment bias is towards Trican given it is the l ....
31 Aug 2016
Positive Trends for Canadian Pressure Pumping
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Positive Trends for Canadian Pressure Pumping
Calfrac Well Services Ltd. (CFW:TSE), 0 | Canyon Services Group (FRC:TSE), 0 | Trican Well Service Ltd. (TCW:TSE), 0
- Published:
31 Aug 2016 -
Author:
Ian B. Gillies -
Pages:
10
WCSB pressure pumping supply and demand is poised to benefit from an increase in stages per well and proppant per well. We believe this could cause supply and demand to tighten more quickly than anticipated in an activity recovery. Higher service intensity has been particularly evident in the Montney and Duvernay, where stages per well have generated a 2012-1Q16 CAGR of 23% and 44%, respectively, and a proppant per well CAGR of 39% and 62%. Our investment bias is towards Trican given it is the l ....