Simultaneous fracturing, aka simul-frac technology, is so last year, according to Denver-based Ovintiv Inc. 

Ovintiv’s Permian Basin team has taken the well completions technique “one step further,” according to CEO Brendan McCracken. “We are stockpiling wet sand onsite from our local mines and completing three wells with a single frac spread at the same time, a technique we’ve dubbed ‘Trimul-frac,’” McCracken said during the firm’s third quarter earnings call. 

“Trimul-frac is reducing cycle time and saving costs,” the CEO continued. “About a quarter of our Permian wells in 2023 will be completed with this technology, and we expect to use it on more than half of our program next year. 

“The results are impressive.” 

McCracken cited that, “on...