Exclusives

Continental Resources’ SpringBoard project focuses on the Springer, Sycamore and Woodford reservoirs of Oklahoma’s Scoop play.

Chevron is benefiting from its large acreage position in the Permian Basin and technology as it works to grow production to 650,000 boe/d by year-end 2022.

Hess anticipates the completions design will help grow its Bakken production to about 200,000 barrels of oil equivalent per day by 2021.

A little of this mixed with a little of that creates a stronger future.

Laramie and Weld counties are seeing increasing permitting activity.

Completion

Pioneer Sells Pressure Pumping Assets To ProPetro For $400 Million

The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.

completions, oil and gas completions, Hart Energy, DUG East, U.S. gas production, Appalachian Basin, Chesapeake Patrick Finney, Chesapeake Energy, Matt Weinreich, Laurel Mountain Energy,  Sergey Stolyarov, Baker Hughes, a GE company, fracs, well

Completions have been holding the attention of the industry as lateral lengths grow and techniques become more complex.

DUG Permian, Midland Basin, Lance Robertson, Endeavor Energy Resources, completions, production, Permian

The company is seeing the benefits of optimized landing points and completion density.

Oklahoma Water Solutions Could Focus On Reuse, Curtailing Freshwater

Michael Dunkel, vice president of industrial water at CH2M, discussed options to produced water disposal methods at Hart Energy's recent DUG Midcontinent Water Forum.

Comstock Resources, rig, Haynesville, shale, drilling, fractures, oil, Louisiana

Monster fractures and M&A are boosting regional activity in the ArkLaTex.

Drilling

Top Bakken producer Continental Resources on Oct. 29 said its output from the oil-rich North Dakota shale field hit a record during the third quarter and would increase significantly through the end of the year as it completed more wells.

More than half the total U.S. oil rigs are in the Permian, the country's biggest shale oil formation. Active units there declined by two this week to 486, the Baker Hughes report said.

‘Onshore drilling just has better economics currently [and] cycle times also play a key role in offshore projects versus onshore drilling,’ said Sarp Ozkan, DrillingInfo’s director of energy analysis.

Budget deal triples the tax credit for injecting carbon dioxide to bolster crude output.

U.S. Rig Count is down two rigs from last week to 929, with oil rigs unchanged at 747, gas rigs down two to 182, and miscellaneous rigs unchanged.

Enhanced Oil Recovery

nanosheet, nanofluid, oil, EOR, University of Houston

Researchers were able to achieve 15% tertiary oil recovery using a nanofluid of graphene-based amphiphilic nanosheets that are effective at low concentrations.

The project will use 4-D seismic imaging, horizontal drilling and pump technology. Polymer chemical injection technology’s role in maximizing economic recovery of U.K. hydrocarbon reserves will be demonstrated.

In the E&P segments, GE Oil & Gas will focus on three mega-trends in 2012: unconventional oil and gas development, enhanced oil recovery, and deepwater drilling.

Taking integration to the next level, model-based technologies aid in heavy oil production and maximize the potential of the digital oil field.

Field Development

Following the closing the GoM JV with Petrobras, Murphy Oil also raised its full-year capex outlook and expects to use some of the cash flow to accelerate activity in the Eagle Ford.

Apache, Permian, Delaware, Alpine High, production, John Christmann, oil, gas

Perceptions have changed for the better for the emerging oil and gas play as activity increases and others move into the neighborhood.

With a premium position in what it believes to be the sweetest of the Eagle Ford’s sweet spots, ConocoPhillips has found the winning combination with science, experimentation and optimal well placement.

The new Gen6 frack sand mine will be located in the core of the Haynesville and help provide area producers “significant time and cost savings on transport and logistics.”

Argentina, shale, Vaca Muerta, unconventional oil and gas, YPF, Wood Mackenzie

Investment and development activity picked up speed in 2017.