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.

Halliburton, Baker Hughes, oilfield service, mergermarket, Canary LLC, Weatherford, Tudor, Pickering, Holt, A&D, oil deals, industry, M&A

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.

IHS, fracking, hydraulic fracturing, horizontal drilling, worldwide, oil

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.

Delta 2 is the 10th project in Statoil's fast-track portfolio to be completed.

The lawsuit, filed in Washington federal court, follows a petition by the groups to the regulator in 2012 seeking a rule that would require oil and gas companies to disclose such pollution to a government database.

The New York state Health Department said fracking for natural gas can’t be done safely, dooming prospects that Governor Andrew Cuomo will allow the extraction process after a six-year-moratorium.

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