Low crude prices and lack of gas-directed drilling bump up against growing demand. The result could be a price jump for U.S. natural gas.
Further optimization could lead to better frack designs, stage and well spacing, greater production and ultimately, more profit.
Former Texas Railroad Commission chairman tells EnerCom conference that the nation can do more to help its struggling energy industry.
Nontoxic paraffin removal agent helps return flow to a GoM pipeline slated for abandonment.
The company is preparing for a third phase of exploration and appraisal drilling.
E&P companies are spending about 80% of their capital to keep the proved and developed reserve share flat, according to Deloitte.
The U.S. is forecast to drive growth, producing more than 7 MMbbl/d in 2040, the EIA says.