Row 7321

Row ID: 7321 | Dataset Entry | Axioma AXP Content Repository

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TLDR: Do fracking/horizontal drilling operations utilize a comparable amount of sensors, cabling, and other networking equipment or is it a multiple of what was used for more traditional drilling methods?

U.S. oil field production has seen this enormous productivity per well increase, that seems to have really picked up in 2015-2016, and to my understanding is due to advanced drilling methods (fracking combined with horizontal drilling) allowing for the economic exploitation of tight oil.

Over the time frame during which rig count dropped like a stone (2015-2016), some suppliers to the industry, like T.E. Connectivity, saw sales to Oil & Gas customers drop more than 50%. Rig count did recover notably in 2016-2018, but to my understanding demand for networking equipment did not rise to a similar degree.

I know this is probably quite case dependent, but if you had to take a ballpark guess on how much, say cabling, a horizontal drilling/fracking rig needs compared to a more traditional one, what would it be? Also, is the equipment more or less reusable than when following traditional approaches?

Thank you for sharing your insights.

FieldValue
text TLDR: Do fracking/horizontal drilling operations utilize a comparable amount of sensors, cabling, and other networking equipment or is it a multiple of what was used for more traditional drilling methods? U.S. oil field production has seen this enormous productivity per well increase, that seems to have really picked up in 2015-2016, and to my understanding is due to advanced drilling methods (fracking combined with horizontal drilling) allowing for the economic exploitation of tight oil. Ove…
label r/oil
dataType post
communityName r/oil
datetime 2024-05-15
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url_encoded Z0FBQUFBQm5Lak9IMGxxZFp0dnNxYklHcTJtQ0Q4SEZpNTdiUlo5c3lQX1BTY0NoY2NNMEdMSzBqQklQZ3dqU1FxTzVGZktJeUhDcGNzUFg1WmROaUpoeDNzN19GbDRubWtXOVZmRlhmTnpxM1VRNWI0N2dsSmtNc092OG5RNlAwRTQ0U1hKZUZweEppMlFZbXpzOGdxY1FlYTNyUHZEUEZpZHJzcEpzZ0FnMHE3WUM4T1J6Y1JNM3BOaVJTMk9OUUFRRkRfeGJYQjJv

Raw Record

{
  "text": "TLDR: Do fracking/horizontal drilling operations utilize a comparable amount of sensors, cabling, and other networking equipment or is it a multiple of what was used for more traditional drilling methods? \n\nU.S. oil field production has seen this enormous productivity per well increase, that seems to have really picked up in 2015-2016, and to my understanding is due to advanced drilling methods (fracking combined with horizontal drilling) allowing for the economic exploitation of tight oil.\n\nOver the time frame during which rig count dropped like a stone (2015-2016), some suppliers to the industry, like T.E. Connectivity, saw sales to Oil & Gas customers drop more than 50%. Rig count did recover notably in 2016-2018, but to my understanding demand for networking equipment did not rise to a similar degree. \n\nI know this is probably quite case dependent, but if you had to take a ballpark guess on how much, say cabling, a horizontal drilling/fracking rig needs compared to a more traditional one, what would it be? Also, is the equipment more or less reusable than when following traditional approaches?\n\nThank you for sharing your insights. \n\n",
  "label": "r/oil",
  "dataType": "post",
  "communityName": "r/oil",
  "datetime": "2024-05-15",
  "username_encoded": "Z0FBQUFBQm5LakwzcWozcnNURFpsRGJ6a2pfRURVRV8xSkpPaGlQSEd5c1dVRkZPMEZWcEhZNXlaemNBRkFCcGtiSkJQZ2FvY2syTm9qeExNbW54REJJV1BrQ2NOV0ZBS1E9PQ==",
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}
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