The one-day performance tests, which regularly spike company shares on their results, don’t provide enough data to predict future potential, according to a study.
At 2015 Arctic Frontiers, ConocoPhillips’ Greg Leveille digs into the environmental, security and economic benefits of the unconventional resource revolution underway in the U.S.
This huge country has had to look, learn—and invest—in resources outside its own borders just as much as it has at home to find the key to unlock the subsurface riches that it undoubtedly possesses.
Vast shale deposits are beckoning, but the geology needs to work.
Technology exists but the economics must be right for projects to come to fruition.
Chevron Corp. may pull out of a shale-gas project in western Ukraine, further frustrating the country’s efforts to cut its dependence on Russia.
Long offsets, wide line spacing and fine spatial sampling can deliver economic large-sale 3-D surveys.
Two operators describe the basin as ‘world class.’
The unconventional revolution is making a big impact, bringing benefits along with concerns.
Operators in North American shale plays are using more than 5 MMlbs of frack sand per well.
Enhanced completions are migrating to shale plays across parts of North America.
Some companies have found ways to reduce freshwater use as areas with shale resources battle drought.
Further investment would follow if the company moved into development and production.
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 industry has only begun to scratch the surface of what is possible in developing shale plays through collaboration.
Companies are eyeing the country for its conventional and unconventional shale potential.