Shale
Article
December 2021
U.S. operators rein in spending
Article
December 2021
Gas bulls feasting, as production nears all-time high
Article
December 2021
Comprehensive new logging services focus on enhancing subsurface insight, optimizing drilling performance and ensuring consistent well delivery, to help operators minimize cost and risk while maximizing asset value.
Article
December 2021
Despite exacting a heavy environmental and financial toll, routine flaring remains a persistent practice in the oil and gas sector. The technical solutions for ending flaring are both practical and financial in nature. Three hurdles are commonly faced when implementing flare gas to power projects.
Webcast
Frac different with the digital capabilities of TechnipFMC’s iComplete™ ecosystem
May 19, 2021
TechnipFMC
iComplete™ is a fully integrated ecosystem that minimizes complexities using standardized equipment that can be set up for any unconventional well in the world. iComplete™ has 50 percent fewer components, 80 percent fewer connections, reduces OpEx costs by 30 percent, and drives further efficiencies through a digital interface, eliminating human intervention in the red zone. In this webcast, Graham Horn and John Eden will be sharing with the audience how TechnipFMC’s iComplete™ ecosystem is bringing the industry one step closer to a fully autonomous frac pad. This disruptive technology is increasing operation governance through reduced infrastructure, fewer personnel in the red zone and instance-based decision making – removing the manual process required to evaluate status and communicate, as well as the potential for human error.
Webcast
Innovative Power Section Design Drives Performance and Improves Reliability
April 21, 2021
Abaco Drilling
Abaco's single direction stators with deviated profiles address drilling stresses on the power section lower end using a variable fit that reduces friction and overheating. The result has been a proliferation of the technology across all the demanding drilling applications in the US shale basins.
We will show details of the way Abaco’s OPTIFIT technology addresses stall and thermal damage in challenging drilling environments. Dyno test power curve comparisons showing OPTIFIT versus conventional designs will be presented. We will close with a summary of the field successes in a variety of basins and formations.
News
January 28, 2021
How the fragmented U.S. shale industry will respond to increased incentives to drill has become a crucial question for traders and industry watchers across the world.
News
January 20, 2021
Traders have piled into oil this year, with output cuts from Saudi Arabia helping drive prices to the highest since February.
News
January 18, 2021
The top U.S. financial regulator’s reported investigation into how Exxon Mobil values shale assets follows years of concerns about the industry’s rosy projections, which have left hundreds of billions of dollars of investor losses and writedowns.
News
January 15, 2021
The probe may cast a shadow over Exxon’s efforts to turn a corner after its shares posted their worst annual performance in 40 years in 2020 amid a collapse in oil prices. CEO Darren Woods has been forced to slash spending, and last month the company said it will write down the value of North and South American natural gas fields by as much as $20 billion.
News
January 14, 2021
The world’s biggest fracking services provider, Halliburton has deployed the industry’s first grid-powered fracking operation on behalf of Cimarex Energy Co. To date, it’s completed almost 340 stages across multiple wells.
News
January 13, 2021
With demand still fragile, shale companies “are wise not to jump the gun and overproduce during the recovery year,” UAE Energy Minister Suhail Al Mazrouei said in an interview, adding they “need to be careful not to flood the market.”
News
January 12, 2021
The U.S. Energy Information Administration said that recent crude price increases and rig additions will help production in the Lower 48 states begin to rise in the second quarter of this year, with total output nearing 11.5 MMbpd in 2022.
News
January 12, 2021
A “big chunk” of U.S. shale is profitable at current oil prices, but drillers should be aware of crude’s declining share in the future global energy mix, International Energy Agency Executive Director Fatih Birol said in an interview.
News
January 08, 2021
“Opening the shale revolution to the world through the export ban lifting helped shift the global oil market psychology from supply scarcity to abundance,” said Karim Fawaz, director of research and analysis for energy at IHS Markit. “It unshackled the U.S. industry to keep growing past its domestic refining limitations.”
News
January 07, 2021
“I have a hard time seeing the need for U.S. producers over the next several years to get back to double-digit growth,” Devon Energy CEO Rick Muncrief said in an interview. “For this management team, if we really think about 2021, let’s keep it flat.”
News
January 07, 2021
“I really don’t see much increase in the Permian basin or the U.S. shale over the next several years,” said Scott Sheffield, chief executive officer of Pioneer Natural Resources Co.
Webcast
ShaleTech™ Hydraulic Fracturing Forum: Summer 2020
September 17, 2020
Welltec, Stepan Oil Solutions, Newpark Fluid Systems
During this 60 minute live webcast, Moderator, Joe D. Woods, President, International Pinpoint, will lead discussion on these topics: 1) “Economic Impact of Comprehensive Zonal Isolation Design during Hydraulic Fracturing of Cementless Completions”, with presenter, Yosafat Esquitin, Business Development Manager – Well Completions, Welltec. 2) “How Registered Biocides Protect Your Assets, Your People and Your Reservoir”, with presenter, Lynn Yakoweshen, Global Business Manager, Stepan Oilfield Solutions. 3) “How High Viscosity Friction Reducers Can Effectively Drive Down Hydraulic Fracturing Costs”, with presenter, Andrew Babey, Business Development Manager – Stimulation, Newpark Fluid Systems.
News
December 24, 2019
America’s top shale field is becoming increasingly gassy as drilling slows down, undercutting profits for explorers at a time when investors are demanding better returns.
News
December 23, 2019
U.S. oil and gas producers have raised the least funds from share sales this year in over a decade, as investors lose their appetite for shale.
News
December 23, 2019
The slowdown in Permian Basin oil drilling and fracking is spreading to the lenders as austerity takes hold.
