Shale
News
February 25, 2024
Exxon received several offers for holdings in Argentina’s heralded Vaca Muerta formation in Patagonia earlier this month, according to people familiar with the matter. The assets, which comprise stakes it owns with QatarEnergy in seven oil-and-gas blocks in the shale patch as well as holdings in a pipeline, have been valued at around $1 billion, said the people, who declined to comment publicly on private talks.
News
February 21, 2024
Vista Energy, a top-three shale-oil producer in Argentina, is eyeing assets put up for sale by Exxon Mobil Corp. as it looks to accelerate growth in the country’s heralded Vaca Muerta formation.
News
February 14, 2024
Capital investment in shale and exploration will be trimmed by $320 million, and two rigs in the Permian will be idled this year, the Houston-based company said Wednesday. Spending will increase in the Gulf of Mexico, chemicals and the enhanced oil recovery business.
News
February 12, 2024
Combined crude production from the seven U.S. shale basins is forecast to rise to 9.72 MMbpd next month, up 0.2% from February, the U.S. Energy Information Administration said in a report Monday.
News
February 12, 2024
The two companies, headquartered across the street from one another in Midland, the heart of the Permian basin, will have a combined 838,000 net acres and have net production of 816,000 boe, according to the statement.
News
February 08, 2024
The assets YPF plans to sell are mainly aging oil fields across Patagonia that are less profitable than the crown jewel of its portfolio, shale patch Vaca Muerta, the official said.
News
February 04, 2024
The upbeat reports by North America’s biggest crude drillers, fueled by strong output growth from the Permian Basin, follow similar results at Shell Plc, which kicked off the oil and gas industry’s earnings season on Thursday with adjusted net income that was more than $1 billion higher than the average forecast
News
January 23, 2024
Among unconventional oil resource plays in the U.S., the Permian stands well atop the heap for remaining resource, offering both the most high-quality remaining drilling opportunities and the greatest potential for resource expansion from the prolific region’s stacked resource benches.
News
January 23, 2024
The proven geological reserves amount to 133.012 Bcm as validated by the State Ministry of Natural Resources, which marks another integrated, ultra-deep and tight-sandstone gas field of over 100 Bcm in China.
News
January 23, 2024
The top oil field contractors are looking to make up for a slowdown in U.S. shale work by boosting activity overseas. Halliburton, with its unrivaled footprint in all the major shale basins, offers the closest proxy to U.S. producer activity.
News
January 08, 2024
Most of shale’s private operators in the Permian basin are planning modest growth this year as one of the main engines of U.S. oil expansion downshifts amid volatile commodity prices.
News
January 04, 2024
After ending last year with an estimated production growth of 900,000 bpd higher than the end of 2022, U.S. oil expansion will be “considerably less,” EOG President Billy Helms said Thursday in a presentation to investors.
Video
GD Energy products - From day one
August 01, 2023
Webcast
Transform Your Frac Fluid Delivery System: Case Study on Significantly Increasing Effective Pumping Time per Day
June 09, 2022
Schlumberger
By introducing the ValveCommander automated control and advisory platform to zipper frac operations in the Bakken Shale in North Dakota, Enerplus Corporation increased effective pumping time per day by 20% across 42 wells. Not only does the ValveCommander platform from Cameron, a Schlumberger company, advance the efficiency of multiwell fracturing, but it also enhances numerous aspects of operational safety and sustainability. Join Terry Eichinger Vice-President, Drilling, Completions & Operations Support for Enerplus, and Joshua Frank, US Land Surface Productions Systems Business Manager for Schlumberger, as they take you through this real-life success story.
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.
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.
