Article

Ovintiv is advancing the use of simulfracing in the Permian basin, enabling simultaneous pumping into multiple wells to enhance efficiency and reduce costs. This method, currently employed by 30% of U.S. frac crews, decreases wellbore friction and surface pumping pressure, potentially lowering operational costs in high-pressure environments like the Marcellus and Haynesville shales. While more infrastructure is needed, simulfracing represents a significant improvement in the frac industry.