Whether it is in shales, tight sands or CSG, the number of international oil companies jumping into the Australian plays to 'crack the code' is increasing along with spending.
The unconventional revolution is making a big impact, bringing benefits along with concerns.
Companies are eyeing the country for its conventional and unconventional shale potential.
Drillinginfo CEO shares how ‘integration, automation and quantification pave a black gold road to the future.’
A survey implies the oil and gas industry is underutilizing social media to communicate with the public, specifically concerning fracking.
The industry is divided on hydraulic fracturing technology. An objective view is needed to sort out the confusion and decide on best processes.
Developers of a new technology say the process can remove nearly all organic materials from produced water.
A polymer, which replaces guar in fracing fluid, has been utilized by Halliburton in Magnum Hunter’s wells in the Eagle Ford, resulting in higher flow back and improved production.
Companies still need to match the need for capital and the degree of risk tolerance to the type of capital the companies use.
From fence line to fence line on Curtis Island, there are three major LNG facilities under construction worth over $24 billion.
A case study from the South Texas Eagle Ford illustrates how partnering with experienced consultants can ensure success.
With the huge number of wells required for shale gas or coal-bed methane development, companies are implementing lean manufacturing models for these “gas factories.”
Problematic areas have included perforation issues, loss of fracture length, and sometimes wellbore connectivity.
Data integration and analysis over a shale play provides clear indications of where to drill and what technologies to utilize.
Study indicates loss of conductivity, surface area, and continuity over time.
With trillions of cubic feet of natural gas reserves trapped in unconventional formations, countries worldwide are clamoring for North American technology to unlock those resources.
With an estimated 50% of perforation clusters and 25% of stages not contributing to production from wells in all of the major shale plays, Schlumberger is focused on reducing the number of defective wells and improving completion quality.
China holds 31.2 Tcm (1,115 Tcf) of estimated technically recoverable shale gas reserves.
Integrating geomechanics with drilling fluid design successfully mitigates time-dependent wellbore instability in Middle East fields.
Countries that sought greater control of resources from international oil companies are now changing tack to entice foreign partners.
India replaces U.S. as top importer of Nigeria’s crude oil.
Bid awards could be announced in July.
Doubling the available mining area could bring in about $1 billion in developments in 2014.