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Saudi Aramco processed 12.4 billion standard cubic feet a day (Bscf/d) of raw gas and supplied 8.7 Bscf/d of natural gas last year, according to the company’s latest annual review.
Harsher drilling conditions demand higher performing liquid rheology modifiers.
Some operators are faring better than others when it comes to new production per well and overall breakevens among other benchmarks in the Permian Delaware.
Expanding the toolbox provides the best technologies for the job.
While demand for oil will peak in 2023, demand for gas will continue increasing through 2034 as the world becomes increasingly electrified, DNV GL said in a forecast of world energy supply and demand out to 2050.
A shift in operator relationships with vendors in the offshore oil and gas industry is starting to emerge.
Colorado voters will decide on Nov. 6 whether to extend the state’s oil and gas setback requirement by approving Proposition 112, which an analyst described as ‘a widow-maker for the D-J Basin.’
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