Production
News
January 18, 2023
WildFire Energy acquired approximately 377,000 net acres and approximately 1,350 wells in the Brazos Valley region of its Eagle Ford asset from Chesapeake Energy Corporation.
News
December 28, 2022
The assets acquired from Ensign Natural Resources span Live Oak, Bee, Karnes, and Dewitt Counties across the condensate, wet gas, and dry gas phase windows of the Eagle Ford.
News
December 21, 2022
Carmo Energy, a subsidiary of Cobra IS, will oversee the maintenance of these facilities and of the work to upgrade them to technical and environmental standards. It will be remunerated through their exploitation.
News
December 20, 2022
ConocoPhillips had originally proposed drilling across five pads at the site in the northeast corner of the National Petroleum Reserve-Alaska. However, the Interior Department has advanced an alternative plan that would initially allow just three. Now some environmental activists are musing about an even smaller, two-site option.
News
December 20, 2022
Each of the three Wolfcamp B horizontals had approximately 9,900 feet of completed lateral, averaging 95% within U.S. Energy's 33' target window at a TVD of 10,979'. A total of 198 stages were completed in 31 days with 99.5% of the designed proppant volume and 105.3% of the designed fluid volume placed.
News
December 19, 2022
Petro-Victory re-entered the SJ-11 well, removed the failed progressive cavity pump system and equipped the well for production using a pumpjack. In addition, two additional reservoirs were penetrated to provide potential oil production gains to the existing open and proven oil zone.
News
December 02, 2022
The short supply of labor in the US oil patch has plagued exploration and production companies all year, and the tightness continues.
News
November 15, 2022
Operators in America’s biggest shale oil basin are set to significantly increase the amount of natural gas they burn into the atmosphere because of a lack of pipeline capacity to ship it elsewhere.
News
GD Energy Products to provide 3000-hp pumps to U.S. Well Services for electric fracturing operations
October 26, 2022
GD Energy Products has partnered with U.S. Well Services to supply 3,000 horsepower pumps for their Nyx Clean Fleet. Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit.
News
October 25, 2022
Natural gas prices in West Texas dipped below zero for the first time since 2020 as booming production overwhelms pipeline networks, trapping supplies in the region.
News
October 24, 2022
Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel.
News
October 11, 2022
Nigeria’s oil output continued to fall in September as some onshore production ground almost to a halt, according to government data.
Webcast
The Oilfields Energy Transition Lowering Emissions Getting You Closer to Your Net-Zero Commitments
October 27, 2022
Aggreko
Understanding todays oilfield industry's electrification challenges is undoubtedly no easy task. With the mounting environmental mandates, continued pressure to manage operating expenses, and lowering emissions at the project site, it makes more sense than ever to have a power engineering partner. Investing in technology that will not only get your project up and running quicker and under budget but that’s' as well environmentally friendly. During this 60-minute webcast, we will discuss the topics facing the Upstream & Midstream Oil & Gas Industry and examine oilfield electrification methods to obtain greater operational efficiencies and also a means to reduce emissions by meeting and exceeding environmental requirements.
News
September 29, 2022
OPEC+ has begun discussions about lowering oil output when it meets next week, as a fragile global economy continues to weigh on crude prices.
News
September 28, 2022
The U.S. is on track to grow oil production faster than the government is forecasting, according to a BloombergNEF analysis.
News
September 26, 2022
Now, in a sign of just how much Russia’s invasion of Ukraine has thrown global energy markets into disarray, it’s natural gas, not oil, that’s becoming more coveted in U.S. shale fields.
News
September 19, 2022
The United Arab Emirates is accelerating a plan to raise its oil production capacity, according to people familiar with the matter, as it tries to cash in on its crude reserves before the world transitions to cleaner energy.
News
September 07, 2022
From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly missing out.
News
September 02, 2022
Shell Offshore Inc., a subsidiary of Shell plc, will sell its 100% interest in Shell Onshore Ventures LLC to IKAV for about $2 billion, effectively ending Shell's upstream operations in California.
Article
August 2022
When it comes to oilfield technology innovation, there is often a preference for developments that are viewed as “something new,” as opposed to applying something “old,” which already exists and has been used in one form or another in the past.
