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Forbes Energy Services Ltd FLSS

Forbes Energy Services Ltd. is an independent oilfield services contractor. The Company provides a range of well site services to oil and natural gas drilling and producing companies. It operates through three segments. The well servicing segment utilizes a fleet of well servicing rigs, which is comprised of workover rigs, swabbing rigs, and other related assets and equipment. The coiled tubing segment utilizes its fleet of coiled tubing units to provide a range of services accomplishing a variety of goals including horizontal completions, well bore clean-outs and maintenance, nitrogen services, thru-tubing services, formation stimulation using acid and other chemicals, and other pre- and post-hydraulic fracturing well preparation services. The fluid logistics segment utilizes a fleet of fluid transport trucks and related assets, including specialized vacuum, high-pressure pump and tank trucks, frac tanks, water wells, salt-water disposal wells and facilities, and related equipment.


GREY:FLSS - Post by User

Bullboard Posts
Post by Supersnipe_oneon Feb 09, 2011 12:41pm
341 Views
Post# 18102393

Big Boom Boom......

Big Boom Boom......Into November, more than 250 wells had been completed in the Eagle Ford with more than 850 new drilling permits issued. These were drilled in some 35 different counties, resulting in at least 30 new fields. Following their straight hole starts, Eagle Ford wells are typically drilled horizontally about 3,000 to 5,000 feet and then fractured with slick water or acid in multi- stages. The RRC said the average cost of these completions is in the $5 to $6 million range per well.

https://wellservicingmagazine.com/regional-roundup-eagle-ford-shale


Snipe
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