Exclusives

shale, technology, KCA, oil, ConocoPhillips, Halliburton, drilling, well, proppant
March 27, 2017

Recent trends and new technology indicate operators and service companies are thinking outside of the box and experimenting with different methods and techniques to grow production.

Trump Administration Approves Keystone XL Pipeline Permit
March 24, 2017

TransCanada received approval for the 1,179-mile cross-border pipeline application by the U.S. State Department, ending a years-long battle.

Hess, Bakken, oil, gas, proppant, stage, John Hess, Greg Hill
January 25, 2017

One pilot involves increasing the number of stages per well, while the other focuses on higher proppant loading.

November 1, 2016

The company is settling into its new facility, but keeping a focus on chemistry as it works to improve well performance and create new technology.

DUG Eagle Ford, Chesapeake Energy, Sanchez Energy, shale, costs, oil, lateral
September 26, 2016

Longer laterals and debundling services are among the cost-saving and value-generating moves as E&Ps aim for higher returns amid lower commodity prices.

Completion

April 9, 2013

The industry is divided on hydraulic fracturing technology. An objective view is needed to sort out the confusion and decide on best processes.

March 28, 2013

Developers of a new technology say the process can remove nearly all organic materials from produced water.

October 22, 2012

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.

Contracts

November 28, 2016

A purchase and sale agreement relating to each block must be submitted to Ecopetrol by Dec. 7 and executed by Dec. 22, Reuters reported.

March 31, 2016

The contract is BP’s first shale gas PSC in China and covers an area of about 1,500 sq km, BP said. CNPC will be operator.

January 14, 2016

In a statement, Argentina’s YPF said the accord involved a pilot project in the Bajada de Anelo Block, located in  Neuquen province that would run until mid-2018, Reuters reported.

December 15, 2015

YPF estimates the Vaca Muerta deposit contains 661Bbbl of oil and 1,181Tcf of natural gas, making it one of the biggest shale reserves in the western hemisphere, Reuters said. 

September 1, 2015

Energy Information Administration estimates Mexico has more than 60 billion barrels of shale resources. This would provide more than 35 years of Mexican oil supply at current U.S. production levels. 

Digital

March 1, 2012

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.”

Downhole

September 1, 2015

Vorpal's Drill2Frac helps optimize fracturing operations through the optimal placement of perforation clusters. Enventure’s expandable ESeal Refrac Liner provides mechanical zonal isolation of existing perforations.

July 30, 2015

Where ACTIVATE has been used, operators see about an 80% increase in EUR per well and a 66% reduction in cost per barrel of oil equivalent from refracked wells verus new wells, Halliburton said in a news release.

July 21, 2015

Etienne Roux, vice president of drilling services, said Revolution has drilled 284 vertical-curve lateral wells in a single run in the last year and half. This totals 2.4 million feet.

February 12, 2014

Problematic areas have included perforation issues, loss of fracture length, and sometimes wellbore connectivity.

August 20, 2013

Data integration and analysis over a shale play provides clear indications of where to drill and what technologies to utilize.

Equipment

Eagle Ford, shale, drilling, oil, gas, Hart Energy
July 6, 2016

There are signs the bottom is at hand, which is the first step in recovery.

October 19, 2015

Freshwater, not typical slurry, will run through pumps, significantly reducing need for replacement parts and number of pumps needed on frack job, Energy Recovery CEO Joel Gay said.

August 26, 2015

Shale producers can save 30% of the drilling cost with walking rigs, which can move from one wellbore to another--10 meters in less than an hour, Reuters said.

July 24, 2015

The rise in the rig count this week was the biggest increase since April 2014. It was, however, only the third addition over the past 33 weeks, bringing the total rig count up to 659, the highest since late May.

April 29, 2015

Weatherford’s OmniWel in-well optical production and reservoir monitoring systems will combine with OptaSense’s DAS technology to improve reservoir management/ EUR. Technologies include DAS-VSP vertical seismic profiling, DAS-HFP hydraulic fracture monitoring.

Operations

December 19, 2016

Canacol Energy Ltd. provided an update Dec. 19 for the Clarinete 3, Nelson 5, and Nelson 8 development gas development wells in Colombia, and for the first-quarter 2017 exploration drilling program.

November 28, 2016

The audit office questioned the eligibility of deductions claimed for the cost of debt and equity funded capital and the excise paid on crude and condensate, Reuters reported.

September 12, 2016

The goal is to maintain stable and reliable operations as consistent water  flow  from  all  four  Klebb  wells  will  accelerate.  Reservoir  pressure  reduction  will lead  to  increased gas flow rates.  

August 30, 2016

Two D-J Basin players reflect on lessons, accomplishments and the future of Colorado’s hottest play at the COGA Energy Summit.

August 4, 2016

The company raised its asset sales target to more than $2 billion from $1.2 billion-$1.7 billion as it looks to reduce its crippling debt burden and cope with weak oil and gas prices.

People

January 18, 2017

Most recently, James Faroppa was vice president of geosciences for Murphy Oil Corp. (NYSE: MUR), handling assurance, portfolio management, and technical and specialist services.

January 9, 2017

Jakub Korczak joined the company, which owns and operates projects in Tunisia and Romania, in 2009. 

December 28, 2016

Workers at Peru's Camisea natural gas fields have called off a strike scheduled for Dec. 29 after reaching a deal on labor benefits with Argentina's Pluspetrol, the union SUTRAPPEC said Dec. 28.

December 2, 2016

Argentina produces an estimated 716,000 barrels of oil per day, according to the U.S. Energy Information Agency, Reuters reported.

Mexico, Energy Secretary, Pemex, U.S. Shale, investment, auctions
September 23, 2016

Mexico’s energy company is struggling and auctions continue to lag, particularly in unconventional areas.

Regulations

January 31, 2017

"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.

January 25, 2017

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. 

January 5, 2017

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.

January 3, 2017

Piracuca was declared commercial in 2009, but further studies showed the area was not commercially viable, Petrobras said in a statement sent to Reuters.

November 14, 2016

U.S. emissions were projected to fall by 1.7% in 2016, a projection that is also driven by declines in coal consumption, according to the study, which was published in the journal Earth System Science Data.