Noble Energy’s slickwater completions are outperforming other methods in the D-J Basin, but the jury is still out on whether such techniques will be successful elsewhere.
With low prices pushing some companies into the red, oil majors have had to sharply cut costs and rein in growth plans.
Scotland has placed a moratorium on underground coal gasification, a form of unconventional gas extraction, adding to a ban on shale gas that it imposed in January.
U.S. District Judge Scott Skavdahl had put the regulations on hold in June as he weighed a request from energy industry groups and four states.
E&Ps in the Bakken, Eagle Ford and Permian have made strides in well completion efficiencies and costs. Though, even with increased recoveries, opening up production at low prices sits poorly with the industry.
A portion of the gas exported from the U.S. will be pipelined to Mexico, but most of it will be liquefied and then loaded onto tanker ships destined for overseas markets in Europe and Asia.
But if Britain forges ahead with shale development it will need to develop carbon capture and storage (CCS) to make sure it can still meet emission reduction targets
The Oseil-28 well was completed as a producer with final clean-up rates prior to rig release of about 640 bbl/d of oil.
A ban on fracking by the Western Australia Labor Party would hold until it was shown that fracking doesn't compromise the environment, groundwater, public health or contribute adversely to climate change.
A cluster of quakes in Logan County led Devon Energy and Stephens Energy Group, the operators of two disposal wells near the rumbles, to voluntarily shut down operations.
The 5-million pound Mobile Sand silo system was developed to complement the six-silo, 2.5-million pound mobile sand silo system, which has been used in major basins across the U.S.
In some cases, they are willing to take on the role of traditional lenders, like banks, which have grown reluctant to lend since the price drop that began last summer, or act like producers by taking what are essentially stakes in wells.