Unconventional Exclusives

NAPE US Shale Industry Aggressively Returns

The industry is coming back to life, with recovery reaching outside the prolific Permian Basin.

cost, inflation, shale, oil, gas

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.

Texas, shale, activity highlights, oil, natural gas, unconventional, fracking, Hart Energy, Larry Prado, Permian Basin, Eagle Ford, Barnett, Wolfcamp

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.

Hess, Bakken, oil, gas, proppant, stage, John Hess, Greg Hill

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.

Unconventional Exploration

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.

Most recently, James Faroppa was vice president of geosciences for Murphy Oil Corp. (NYSE: MUR), handling assurance, portfolio management, and technical and specialist services.

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.

Anadarko Petroleum, deal, acquisition, divestiture, Sanchez Energy, Blackstone, Eagle Ford, shale

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.

Unconventional Production

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, DUC, shale, well, drill, completions, production

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. 

shale, US, rig, oil, gas, production, Stratas

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.

Unconventional Technology

water, shale, Eagle Ford, Rosemount, Emerson Automation Solutions
January 18, 2017

Automated tank gauging system makes real-time verification of storage tank volumes possible.

January 9, 2017

Jakub Korczak joined the company, which owns and operates projects in Tunisia and Romania, in 2009. 

January 3, 2017

Piracuca was declared commercial in 2009, but further studies showed the area was not commercially viable, Petrobras said in a statement sent to Reuters.

December 28, 2016

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.

December 19, 2016

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.