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Monster fractures and M&A are boosting regional activity in the ArkLaTex.
Armed with more efficient, less-costly ways to produce oil and gas, the ramp-up in U.S. shale activity is putting pressure on sand suppliers as E&Ps load more proppant in hopes of bigger payouts.
Seven years since its last assessment, additional drilling and data show the shale plays outshine the Marcellus and Utica, both of which were last assessed at the beginning of the decade.
Students at the Colorado School of Mines discussed promising results from a Wattenberg Field study area at the Reservoir Characterization Project spring meeting in Golden, Colo.
The company is working with an environmental consulting firm as well as University of Texas System professors and labs as it develops the Alpine High discovery in the Delaware Basin.
As part of the deal, Ineos is taking over Engie's entire U.K. onshore exploration license portfolio that consists of interests in 15 licenses including seven in which Ineos had a previous participation, Reuters said.
Cooper Energy seeks to develop the Sole gas field in the Gippsland Basin, with first gas expected in late 2018. Gas would be processed at a plant onshore in Orbost, which APA has agreed to buy and spend AU$250 million to upgrade, Reuters reported.
The country is looking for long-term partners as part of a farm-in application process, with U.S. companies working to attract investors.
The press release reported that, according to the Middle East Oil & Gas Monitor, news suggests the report of additional shale gas reserves in Iran.
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.
Advanced subsurface modeling, extended laterals, pad drilling, optimized high-intensity completions and managed flowback are among the company’s focus areas.
"[The] Syncrude outage has had an impact on our output, but we are working with suppliers to understand the time line as the Syncrude owners work towards a full recovery,"ConocoPhillips Canada spokeswoman Michelle McCullagh said in an email.
The law was finalized one week after the state legislature passed the bill. On March 27, state senators voted 35 to 10 to approve the bill.
As prices and costs recover, a panel of experts at DUG Bakken & Niobrara said operators are continually scaling the completions learning curve.
Recent trends and new technology indicate operators and service companies are thinking outside of the box and experimenting with different methods and techniques to grow production.
The two- to three-week pilot at Sinopec’s Fuling shale gas site in Chongqing in southwest China is intended to qualify OriginClear’s Electro Water Separation (EWS) technology for integration into a multistage process designed to process hydraulic fracturing and flowback water for on-site reuse, OriginClear said in the release.
Proppant tracking, flowback prevention and nanoparticles are among the areas of focus, according to a study released by Deloitte.
TransCanada received approval for the 1,179-mile cross-border pipeline application by the U.S. State Department, ending a years-long battle.
Britain is estimated to have enough trapped shale gas to meet its gas needs for decades. However, the use of fracking is opposed by environmental campaigners, Reuters reported.
However, the need for more gas for power has arisen just as three new LNG export plants have opened in the northeast, tripling gas demand and drawing supply out of the domestic market, Reuters reported.