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At DUG Bakken & Niobrara, Whiting Petroleum's Jim Volker said IP rates of the pad exceeded 10,000 barrels of oil equivalent per day.
Many E&Ps are adding capex to complete wells and using new completion techniques in the Williston and Denver-Julesburg basins to improve profitability.
Scientists are attempting to explain the fast relaxation times in unconventionals.
Larry Prado, Hart Energy's activity editor, summarizes some of the recent action across shale plays in the Rockies including an extended-reach Bakken/Three Forks well.
The country is looking for long-term partners as part of a farm-in application process, with U.S. companies working to attract investors.
Cooper Energy seeks to develop the Sole gas field in the Gippsland Basin, with first gas expected in late 2018. Gas would be processed at a plant onshore in Orbost, which APA has agreed to buy and spend AU$250 million to upgrade, Reuters reported.
The press release reported that, according to the Middle East Oil & Gas Monitor, news suggests the report of additional shale gas reserves in Iran.
Dan Jarvie, chief geochemist at Renaissance, said the Upper Jurassic shale interval—the Chicontepec Formation’s major carbonate source rock—has not been commercially developed.
The acquisition is expected to add 3.4 Bboe, bringing ExxonMobil’s Permian resource base to 6 Bboe, the company said.
Both companies will take a 50% stake in the Bajada de Añelo Field to develop a pilot program, which will be operated by Shell, YPF said in a statement. The agreement is subject to approval by provincial authorities, and Shell’s investment will come in two phases, YPF said.
The industry is coming back to life, with recovery reaching outside the prolific Permian Basin.
Weatherford will contribute well construction expertise, managed pressure drilling solutions, directional drilling capabilities and drilling hardware, and associated software applications and engineering personnel.
One pilot involves increasing the number of stages per well, while the other focuses on higher proppant loading.
Output has been cut several times from 53.9 Bcm in 2013 as criticism mounted that Dutch authorities had failed to adequately assess the risk to citizens from earthquakes caused by production, Reuters reported.
The valve has pump-through capability to ease well-kill operations, the press release said.
The Fuling project is China's largest commercial shale gas discovery now under production, with annual output estimated at about 5 billion cubic meters last year, Reuters reported.
"Our target is to be an entirely fossil-fuel-free welfare state," Sweden's Climate Minister Isabella Lovin told Reuters in a telephone interview.
"The Scottish government has a very important decision to make in determining the future of unconventional oil and gas," Paul Wheelhouse, Scotland's minister for business, innovation and energy, said in the consultation document, Reuters reported.
The conservatives, which have a majority in the Senate but not the lower house, are opposed to the ban, which would come on top of an ban on fracking in place since 2011, Reuters said.