A Frac Hit or Frac Interference is the communication between a newly drilled well during its completion phase and the existing producing wells. Frac hits have been observed and documented in industry for many years although their impacts to well integrity, production rates and ultimate recovery were not well recognized until more recently. With the …

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The oilfield began growing in Q4 2016, with improvement expected throughout 2018 and 2019 despite currentchallenges in the Permian Basin. Richard Spears will present his firm’s 2019 outlook for key oilfield service & equipment markets.