How modern refrac economics affect Granite Wash horizontal wells and what that means for mineral owners on aging Granite Wash leases.
Get Your Free Mineral ValuationTL;DR How modern refrac economics affect Granite Wash horizontal wells and what that means for mineral owners on aging Granite Wash leases.
Modern horizontal Granite Wash development began around 2009. Many of those early horizontal wells have now produced for 12-15+ years, and operators are evaluating refrac potential — restimulating the existing wellbore with newer fracture stimulation technology to recover additional reserves.
Refrac economics depend on commodity prices, slickwater fracture stimulation cost trends, and the original completion's quality. As slickwater proppant economics have improved, more vintage Granite Wash wells become refrac candidates.
For mineral owners on existing Granite Wash horizontal wells:
A successful refrac can extend producing life and restore production rates closer to original IP levels.
Refrac costs are typically not deducted from royalty under most lease language — they are operator capital expenditures.
Operator decisions to refrac depend on commodity prices, well-specific decline characteristics, and capital allocation priorities.