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The U.S. shale landscape has transformed itself over the last several years and has finally hit the first downcycle for many producers.
Until commodity prices improve and stabilize, the Eagle Ford will remain overshadowed by the high-flying Permian Basin.
Technology improves efficiency and reduces NPT.
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.
E&P first began writing about shales 15 years ago. A lot has changed since then.
The laboratory is also the first Schlumberger laboratory outside of the U.S. to offer the company's FIS fluid inclusion stratigraphy analysis, which evaluates abundance, distribution and composition of hydrocarbon and nonhydrocarbon species trapped in inclusions in cuttings or core samples.
The assets on offer are one shale gas block in East Kalimantan, with potential resources of 7 trillion cubic feet of gas and 21 million barrels of oil, as well as two coalbed methane blocks in South Sumatra, Reuters reported.
DualEx also said that Jason Schoenfeld was appointed as vice president of engineering, effective Oct. 20. Schoenfeld is a professional engineer with 20 years’ experience in the western Canadian oil and gas industry.
Terra Nova also said that the board of directors approved a change of jurisdiction from the province of Alberta to the province of British Columbia in Canada.
Mexico’s energy company is struggling and auctions continue to lag, particularly in unconventional areas.
An improving natural gas market has Appalachian well stimulation providers hopeful for activity expansion.
Canacol expects 2016 to have near-record EBITDAX of about $135 million.
The STACK continues to attract new investments and provides ample EURs with low breakevens.
Two D-J Basin players reflect on lessons, accomplishments and the future of Colorado’s hottest play at the COGA Energy Summit.
U.S. firms across the value chain can take advantage of opportunities that will emerge from Mexico’s energy reform, say experts at EnerCom.
The 1987 Montreal Protocol succeeded in phasing out the use of chlorofluorocarbons (CFCs), widely used at that time in refrigeration and aerosols, Reuters reported.
Petrobras bought the rights, known in Portuguese as the "Cessão Onerosa," for more than $50 billion as part of a more than $70 billion stock sale in 2010, Reuters reported.
According to the report, the public and private sector funds would be up from an estimated $62 billion in 2014 and $52 billion in 2013, Reuters said.
Prime Minister Justin Trudeau said his measures would help Canada meet greenhouse-gas emissions cuts guidelines that were agreed upon under the Paris Agreement climate change accords, Reuters reported.
The industry has the full backing of Conservative Prime Minister Theresa May, who in August said some tax proceeds from shale gas developments could be given directly to residents, Reuters reported.