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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.
Superior bit performance starts with innovative and dynamic cutting elements.
What will be the next big thing in the North American oil patch? Look to “some things old, something new.”
MPD system enables operator to save time and money.
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.
Crowd-sourced data reveal significant increases in well completion metrics.
One pilot involves increasing the number of stages per well, while the other focuses on higher proppant loading.
Particle analysis and real-time tracking are just two of many areas where new technologies are driving innovation in proppant efficiency and well productivity.
The U.S. and EU imposed economic sanctions on Russia over its annexation of the Crimea region in 2014 and role in the conflict in eastern Ukraine.
Drillers added five oil rigs in the week to April 21, bringing the total count up to 688, the most since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 21.
Operators managed to spud 78 deepwater exploration wells in 2016, while deepwater wells drilled had been cut by half.
Drillers added 11 oil rigs in the week to April 13, bringing the total count to 683, the highest since April 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 13. At this time a year ago, there were 351 active oil rigs.
Drillers added 10 oil rigs in the week to April 7, bringing the total count up to 672, the most since August 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on April 7. During the same week a year ago, there were 354 active oil rigs.
The NRG Energy, JX Nippon and Hilcorp Energy project is capable of capturing more than 5,000 tons of CO2 per day, but the economics come down to oil prices.
The University of Wyoming said April 4 that $2.5 million in funding from Alchemy Sciences Inc. will support research on enhanced oil recovery and production.
The captured CO2 is expected to grow oil production at the West Ranch oil field by 5x its current amount over the next few years.
Operators have alternatives when it comes to EOR technology and one process appears less costly than others.
Researchers were able to achieve 15% tertiary oil recovery using a nanofluid of graphene-based amphiphilic nanosheets that are effective at low concentrations.
The field, located in Block 5/06, produces oil from a depth of about 4,000 m (13,123 ft) via a new production platform in the Danish North Sea.
The reopening would allow Mellitah to restore production of about 450 million cubic feet of gas, 9,000 barrels per day (bbl/d) of oil, and 7,500 bbl/d of condensate, Libya’s National Oil Corp. said.
The contract includes engineering, preparation, removal and disposal of four platforms with a total tonnage of about 36,000 tonnes, AF Gruppen said in a news release.
Growing demand in Argentina’s central Pampas and Patagonia regions presents opportunities for investors as the country seeks to build three new gas pipelines.
The subsea facilities include wells and a subsea template, a pipeline to Sleipner A, and an umbilical for controlling and monitoring of wells.