Exclusives - Production
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- December 13 2012 - Completion
With the rig count slumping and less pressure-pumping services needed for oil/liquids plays, US demand for hydraulic fracturing services dropped 14% in 2012.
- December 12 2012 - Production
Technology has enabled regions, led by the US, to unlock unconventional and more energy-efficient resources to help meet the world’s growing demand for energy.
- December 11 2012 - Field Development
Producing large quantities of shale gas at a low cost would yield the highest net benefits from exporting LNG, according to a NERA Economic Consulting study.
- December 10 2012 - Production
North American E&Ps are expected to spend US $185 billion in 2013, compared to $183 billion in 2012.
- December 6 2012 - Exploration
During the open-water season in the Chukchi Sea, ConocoPhillips plans to drill one or two exploration wells in 2014 using a jackup rig.
- December 5 2012 - Production
The world’s most populous country is turning to shale gas to help solve its energy woes. China aims to reach a commercial shale production of 230 Bcf/y by 2015.
- December 3 2012 - Enhanced Oil Recovery
Storing carbon dioxide is being developed to reduce greenhouse gas emissions while continued carbon dioxide enhanced oil recovery techniques could transform the greenhouse gas into a valuable commodity.
- November 27 2012 - Enhanced Oil Recovery
The upstream industry driving is forward with new technology initiatives aimed at sustaining production levels.
- November 16 2012 - Production
Most of the respondents to a survey conducted by Deloitte believe gas self-sufficiency has arrived or is within reach for the US, but a majority believes that independence will never happen with oil.
- November 14 2012 - Production
The unconventional oil and gas revolution has arrived with the US producing 11 MMb/d of oil.