The Canadian company Trican Well Services issued a press release detailing the company’s expansion of US uncoventional reservoir commitments. This includes expansion into the Eagle Ford shale.
They will commit a 40,000 horsepower crew to a 2-year contract with a major U.S. customer operating in the play. We have heard many of the bigger companies announce these types of commitments in order to combat the shortage situation.
EOG had to lower production guidance earlier in the year, in part, because of completion and stimulation waiting times. Newfield announced last week they have entered into an agreement with a service provider to make sure their Eagle Ford program stays timely.
DI subscribers should check the Drillinginfo Unconventional Updates for all things unconventional, including Eagle Ford.