- Free Downloads
The industry is coming back to life, with recovery reaching outside the prolific Permian Basin.
The price per stage for well stimulation services moved higher in fourth-quarter 2016, signaling an end to the downward arc in well completion costs.
Larry Prado, Hart Energy's activity editor, summarizes some of the recent action across Texas shale plays including Barnett completions and discoveries in the Wolfcamp and Eagle Ford.
One pilot involves increasing the number of stages per well, while the other focuses on higher proppant loading.
Complete package offers operators an integrated solution set to meet water management needs.
Dan Jarvie, chief geochemist at Renaissance, said the Upper Jurassic shale interval—the Chicontepec Formation’s major carbonate source rock—has not been commercially developed.
The partnership aims to find commercial hydrocarbon deposits in the Chad Basin and other inland areas, a statement from the Nigerian National Petroleum Corp. said, Reuters reported.
Sanchez and private-equity company Blackstone Energy will pay in equally for 155,000 net acres in the Eagle Ford while Anadarko looks to spend in the D-J and Permian basins.
Tullow estimated the development phase of the project would cost $5.2 billion, of which $3 billion will be required to reach first oil production, Reuters reported.
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.
Bakken E&P companies turn their sights on reducing drilled but uncompleted wells backlog.
MODEC said this FPSO is the 11th it has delivered to Brazil's oil and natural gas sector, and the fifth it has delivered to the presalt region.
Total production in 2016 is expected to close out approximately 5% lower than 2015 levels. Compared to the massive increases to which the world had grown accustomed, this drop is indeed material.
January production will edge up 1,400 bbl/d to 4.542 MMbbl/d, the U.S. Energy Information Administration said. In December, it was expected to drop by 29,000 bbl/d.
Automated tank gauging system makes real-time verification of storage tank volumes possible.
Jakub Korczak joined the company, which owns and operates projects in Tunisia and Romania, in 2009.
Piracuca was declared commercial in 2009, but further studies showed the area was not commercially viable, Petrobras said in a statement sent to Reuters.
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.
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.