Exclusives

May 4, 2016

Operators in the area turn focus to personnel safety as erratic and dangerous flames forced the evacuation of the entire city.

John Paisie, Stratas Advisors
February 4, 2016

At Hart Energy’s Viewpoint Executive Energy Club, Stratas Advisors directors gave industry executives a wide-ranging view and key to competing in the upcoming year.

MacArthur Basin, Australia, Aubrey McClendon, AEP Energy
December 31, 2015

Some industry observers have likened the basin to the Haynesville Shale in Louisiana, where production peaked at 100 billion cubic feet per day.

DUG, Eagle Ford, shale, Daniel Mohan, prescriptive analytics, Ayata
November 5, 2015

Better information helps operators make better decisions in a tough environment. Using prescriptive analytics can make the difference, says Daniel Mohan, senior vice president of marketing for Ayata.

APPEA, Western Australia, Labor Party, Fracking, Ban, Australia
August 31, 2015

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.

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

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. 

August 20, 2015

Saudi Arabia could pump 50 million cubic feet per day of shale gas in 2016, Reuters reported. Unconventional gas potential was appraised in the northwest, Eastern Province and Empty Quarter.

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

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.

April 28, 2014

China holds 31.2 Tcm (1,115 Tcf) of estimated technically recoverable shale gas reserves.

Operations

December 8, 2015

The assets being sold are predominantly non-operated and consist of 10,290 net acres with an average working interest of 39%, according to a news release.

November 12, 2015

Encana said it had accelerated spending on the Permian Basin in Texas in the current quarter, with plans to invest $150 million in the shale field that was originally earmarked for 2016.

September 22, 2015

Chevron Corp. said earlier this year it gave up shale gas exploration plans in Romania after an assessment showed it "does not compete favorably" with other investment opportunities, Reuters said.

September 21, 2015

Upon closing, expected in fourth-quarter 2015, Total will hold a 29.2% interest in the Fort Hills project, alongside Suncor Energy (50.8%) and Teck Resources (20%). 

U.K., shale, regulations, Cuadrilla, iGas, gas
August 14, 2015

The move, which became effective immediately, gives the U.K. officials the authority approve, or deny, shale exploration permits.

People

March 17, 2016

Fire aboard P-48 FPSO vessel started at about 1 p.m. local time as platform was being shut down and has since been put out, according to workers' union, Reuters reported.

March 9, 2016

CEO Miguel Galuccio's resignation will take effect at the end of next month, a YPF spokesman told Reuters on March 9. He was appointed in 2012 by then-President Cristina Fernandez after she seized control of the company from Spanish oil giant Repsol.

December 4, 2015

Based in Houston, Trenton Thornock will oversee WellDog’s global finance operations, leading the finance team and supporting continued expansion in North America and Asia-Pacific.

November 9, 2015

Some Dartmouth College professors led the research for the National Bureau of Economic Research study that examined data from more than 3,000 counties, determining that within 100 miles of new production, 2.49 jobs were created, Reuters said.

September 9, 2015

Chancellor Angela Merkel's coalition government will discuss finalized draft law on hydraulic fracturing to extract gas and oil this month. Party leaders signaled that an agreement is possible, Reuters said.

Regulations

February 23, 2016

Only eight companies, including Apache, Kinder Morgan, Hess and Southwestern Energy are currently signed up with One Future, a coalition aiming to self-regulate methane emissions, Reuters said.

February 23, 2016

Britain plans to reduce greenhouse-gas emissions by 80% from 1990 levels by 2050. Government plans to shut coal plants and replace them with cleaner gas plants by 2025, Reuters reported.

January 26, 2016

Geologists at Federal Institute for Geosciences and Natural Resources used computer simulations to study what happens to frack fluids when injected into bedrock of the North German Basin, Reuters said.

December 16, 2015

Slim 37-vote margin came without parliamentary debate and it does not change policy banning fracking inside national parks, Reuters said. E&Ps can work at least 1,200m below surface in national parks.

November 27, 2015

Britain changed its planning rules in August to allow government intervention to approve or reject shale gas drilling permits and give priority to appeals involving shale gas projects.