Hydraulic Fracturing

Shale explorers in the Permian Basin chewed further into their supply of ready-made wells for a 20th straight month, leaving the smallest inventory of low-cost wells in the biggest U.S. oil field in more than half a decade.

Drilling permits for new wells have spiked to unprecedented levels in the Permian Basin, signaling crude oil suppliers in America are finally responding to higher prices.

Some of the worst fire conditions in a decade are going to sweep across Texas and the southern Great Plains, threatening key shale-oil fields, slaughterhouses and farms.

Business Secretary Kwasi Kwarteng commissioned a geological report into the science of shale gas fracing, as the U.K. government tries to boost energy self-sufficiency in the wake of the Ukraine war.

The activist investor that forced a board shakeup at Exxon Mobil Corp. to accelerate a move to clean energy is calling on U.S. shale to produce more.

The world’s energy markets can’t rely on major growth in the Permian Basin U.S. shale patch to ease oil prices, according to Occidental Petroleum Corp. Chief Executive Officer Vicki Hollub.

The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.

If the lights are going to stay on and homes are to keep warm in the harsh Ukrainian winter, Oleg Tolmachev is going to have to find a way to keep the gas flowing.

Inflation and brisk competition for the most-sophisticated drilling gear will hinder U.S. oil-supply expansion this year, according to shale giant EOG Resources Inc.

Oil executives tempted by the prospect of the highest crude prices in seven years are showing all the signs of abandoning pledges to hold the line on drilling budgets, Citigroup Inc. said.

Output in the U.S. shale patch is “re-booming” this year, with research and data analysis firm Lium LLC forecasting production will surge by more than 1 million barrels a day.

Chevron Corp. plans to increase Permian Basin production by about 10% this year from 2021 levels, among the biggest growth forecasts yet from any of America’s top shale producers.

Far Field Diversion Strategies - Presented by DiverterPlus: Advances in far field diverter materials and deployment strategies have enabled more consistency and greater efficacy in controlling fracture geometry to optimize production and/or minimize cross-well communication during hydraulic fracturing treatments. Employing simple laboratory techniques to determine the proper material composition can greatly improve the performance and economics of far field diverter with minimal impact on operations, while yielding measurable production improvements. Flowback Aids Case Study Unearths Hidden Benefits - Presented by Stepan Oilfield Solutions: The use of flowback aids in hydraulic fracturing is not a new topic, but previous case studies have focused primarily on the resultant increased production. Stepan Oilfield Solutions is taking it one step further. Join us as we discuss the results of a recent set of field trials with Raney Energy and also look at the holistic costs and benefits of using Stepan’s PETROSTEP® ME-2 Flowback Aid.

A coastal California county’s attempt to curb new oil and gas development suffered another blow when an appeals court upheld a ruling striking down a ban on new wells and hydraulic fracturing.

Low-carbon hydraulic fracturing is gaining traction across the U.S. But since it still extracts the very oil and gas that fossil-fuel critics want the world to stop consuming altogether, not everyone’s convinced.

In this webinar, industry experts Patrick Hayes and Dr. Sudiptya Banerjee will demonstrate the value of using chemical tracers as an essential technology throughout all phases of a reservoir E&P lifecycle with a focus on hydraulically stimulated wells. After outlining the different methods of tracer monitoring and guidelines for tracer selection, the webinar will explore the value proposition for using chemical tracer technology during and after exploration through a series of illustrative case histories. By the conclusion of this talk, attendees should understand how tracers can provide insight into their reservoir and production strategy.

US tight oil operators have for several months been depleting their inventory of drilled but uncompleted wells (DUCs) and, amid a slower drilling response, the number of ‘live’ DUCs in the country’s major oil regions slumped to 2,381 wells in June 2021, the lowest level since 2013, a Rystad Energy analysis reveals.

The American-made pump, built with quality and efficiency in mind, features a flow rate of more than 1000 gpm, making it suitable for demanding HDD projects.

Chesapeake Energy Corp., the once mighty shale explorer that exited bankruptcy earlier this year, is seeking to sell oil-producing assets in South Texas for as much as $2 billion, according people familiar with the plan.

Vitol Group is said to be near a purchase of Hunt Oil Co.’s Permian Basin oil wells in what would mark the biggest independent crude trader’s first major acquisition of U.S. production assets, according to people with knowledge of the matter.