Companies are focusing on enhanced completions among other techniques and technology to boost production in the Marcellus and Utica shale plays, but cluster efficiency remains an area of concern.
Understanding drainage volume and improved permeability of stimulated rock is essential to forecasting production, according to MicroSeismic Inc.
Effective completions, flawless execution and multi-lateral wells are emerging techniques for cost-conscious operators looking to improve results.
Numerical and statistical analyses of shale plays turn up some interesting results.
Refracking makes up a small percentage of the total hydraulic fracturing market, but that could change in future years.
Potential buyers have had to cut employees, and so far few companies are going out of their way to aggressively buy frack fleets or other equipment.
According to a new IHS report, more than 170 mature oil plays worldwide have the potential from horizontal drilling and hydraulic fracturing to produce as much as 141 billion barrels of oil.
Service providers expect demand to stabilize mid-year.
Offshore Installation Services (OIS), an Acteon company, said it has been awarded a contract to decommission multiple wells in the North Sea by Centrica Energy.
Recycling water used during fracking operations has become increasingly important for shale operators in an effort to reduce use of freshwater.
The desire to maintain market share in the long run and avoid losing business when the market recovers likely means proppant companies will not force customers to live up to their contracts.
For the Netherlands, the EU's biggest gas producer, less gas could reduce national income by almost 2 billion euros ($2.1 billion), according to the Ministry of Economic Affairs, Bloomberg said.