Unconventional Exclusives

John Paisie, Stratas Advisors

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.

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.

OFS, M&A, Trican, Keane Group, oilfield services, Bakken, Eagle Ford, Permian

Keane said it will purchase the U.S. assets of Trican Well Service, Canada’s largest pressure pumper, and expand its presence in the Midcontinent, Permian, Bakken and Utica/Marcellus shale plays.

MicroSeismic, microseismic, Peter Duncan, well, unconventional, monitoring

The saved time could translate into improved efficiency amid the continuing downturn, according to an oilfield services company.

Despite the undoubted size of the country’s shale gas reserves, Sinopec’s Fuling development is on the proverbial slow boat to China as it sails its pioneering but lonely path in the vanguard of the nascent industry’s efforts to establish its place in the market.

Unconventional Exploration

Environmental advocacy groups and landowners in the Karoo, a vast semi-desert wilderness stretching across the heart of South Africa, have argued that exploring for shale by hydraulic fracturing would cause huge environmental damage.

Water Standard Group will now be able to deliver innovative, competitively priced water treatment solutions from small skid-mounted assemblies and mobile equipment, and larger integrated packages and modules.

Stephen Brunner, Petro River’s president, said past political and geological issues have rendered Larne the only truly untested carboniferous basin Europe. Larne is broadly similar to carboniferous-sourced East Irish Sea Basin.

Impairment is latest caused by BHP's badly-timed push into U.S. shale in 2011, when it spent $17 billion on two acquisitions while oil and gas prices were much higher, Reuters said.

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.

Unconventional Production

Until 2012, third-party contractors cleaned its used drill pipes, Weatherford said. The water recycling program reduced the facility's freshwater requirements to 17,000 gallons per year, down from 2.2 million.

Output at world’s 10th-largest natural gas field will be capped at 27Bcm per year, according to a Dutch court ruling, Reuters reported. Groningen helps supply about 15% of Europe’s gas.

Karnes County, Texas, is not all about the Eagle Ford Shale, so says BlackBrush Oil & Gas LP COO Mark Norville. Add a little Austin Chalk into the recipe, and the well results get spicy—a kick up to 250% IRR.

The B8 field is estimated to have about 3.5 million tonnes of oil where Lotos has said it plans to produce ultimately some 250,000 tonnes, Reuters said.

The Netherlands’ government has twice this year cut production from Europe’s largest gas field due to public safety concerns about production-linked earthquakes, Reuters said. Opposition parties submitted the motion.

Unconventional Technology

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.

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.

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.