Last week, our team came across a Today in Energy release from the U.S. Energy Information Administration that stopped us in my tracks: The average number of wells completed simultaneously at a single location in the Lower 48 has more than doubled over the past decade—from 1.5 wells in December 2014 to 3.0 wells in June 2024 EIA.
That dramatic shift isn’t just a statistic; it’s indicative of how completion strategies have evolved to meet ever-greater demands for speed, efficiency, and cost savings.
So, what’s driven this transformation? Three major innovations reported:
- Electric Frac Fleets – By replacing diesel generators with electric drives, operators reduce truck traffic and power variability, creating a more consistent energy supply across multiple pumps.
- Advanced Automation & Monitoring – Real-time telemetry and automated control systems synchronize pump rates, pressure, and stage transitions, slashing non-productive time and manual oversight.
- Increased Surface Horsepower – Larger, more robust frac pumps now allow operators to fracture three—or even four—wells at once without sacrificing performance.
At Cold Bore Technology, our SmartPAD™ platform was built for this new era of simultaneous completions. By translating live frac data directly into your well-management system, SmartPAD let’s you:
- Visualize multi-well operations side by side—so you can compare stage performance in real time.
- Automate event detection, instantly flagging pressure spikes or rate deviations across all active wells.
- Eliminate redundant data entry, flowing clean, validated data from the field into your dashboards and reports.
- Automate reporting and reduce manual entry by integrating directly with your Well Management Systems like WellView and more
- Seamlessly deliver timeline and stage data through APIs, Kafka, Snowflake, MQTT, or WebSockets.
Clients leveraging SmartPAD report up to 20% faster stage transitions and millions of dollars in cost savings by cutting out downtime and manual handoffs. If you’re still running single-well stages or juggling spreadsheets, you’re leaving efficiency—and margin—on the table.
Don’t let your outdated operations hold you back.
Curious to know how real-time insights can power your next pad? Let’s talk—reach out for a demo and see firsthand how SmartPAD can help you complete more wells, faster, and with greater confidence.
Ready to experience the Cold Bore difference? Contact us today!
