Shale ///

Emerald Bay perforates final three wells at MarPat lease in Texas

Emerald Bay Energy Inc. has announced that the Company began operations this morning to perforate the final three wells of the MarPat partnerships. The MarPat wells have shown commercial viability in the Anacocho, Olmos, and Escondido formations.

Keystone XL pipeline gets enough shipper pledges to proceed

TransCanada Corp. has enough customer interest to go forward with the Keystone XL oil pipeline, if the company decides to build it.

RRC Chairman Craddick: When it comes to NAFTA, mend it—don't end it

Many Texans support NAFTA based on the premise that it allows American workers and businesses to compete on a level playing field with anyone in the world.

Hess, targeted by Elliott, to cut 300 jobs to trim costs

Hess Corp., the oil producer targeted by hedge fund Elliott Management Corp., plans to shed about 300 jobs in 2018 as it seeks to cut costs by $150 million a year.

TGS announces three new onshore seismic projects in North America

TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins.

New Products and Services

Alex Endress, World Oil

National Oilwell Varco (NOV) recently launched the Rolligon dry additive mix unit, which uses a custom-designed mixer to pre-mix the gel powder with water on the fly, giving optimum gel quaity even at high rates.

What's New in Production

Don Francis, Contributing Editor

May you live in interesting times

Fracers arise from oil-price rout on a course to dominate 2018

Less than two weeks in, 2018 is shaping up to be the year of the fracer.

NOV's Tektonic drill bits increase ROP, durability with Permian Series cutters

Difficult drilling conditions in the Permian basin demand a drill-bit philosophy geared toward efficiency and durability. Three record runs recently occurred in the Permian basin that showcased the performance of National Oilwell Varco's Tektonic bits with Permian Series cutters.

President Energy announces workover success at Puesto Flores field, Argentina

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its third and fourth workover wells at Puesto Flores field, Rio Negro Province, Argentina (President 90% and Operator: Ediphsa 10%).

BNK Petroleum spuds well in Oklahoma's Tishomingo field

BNK Petroleum Inc. has announced that the Company has begun drilling the Glenn 16-2H well in Tishomingo field with Power Rig #7.

Canadian Shales: More wells in ‘18, but full recovery remains elusive

Jim Redden, Contributing Editor

The winter drilling season in the diverse shale plays scattered throughout the western Canada sedimentary basin (WCSB), is shaping up to be the busiest in three years.

Casing while drilling eliminates off-bottom events in a CO2 flooded area

Nicholas Mawford, Tesco

When formations in the northwestern Permian basin presented well integrity challenges and geological uncertainties, Tesco evaluated options for successfully reaching TD. Using casing while drilling, the company completed the job in less time and helped the operator learn how to save money on future wells in the region.

Advanced frac fluid chemistry helps boost Wolfcamp IP rates

Jerry Noles, Troy Bishop, CoilChem, LLC; Neal Hageman, Integrated Petroleum Technologies

A HVFR polymer bridges the gap between slickwater and cross-linked fracs.

Well control trends and mitigation tools: A technology update

Mohamed Amer, Wild Well Control

Improving oil prices have brought increased drilling and production, but also well control failures, due to reduced quality assurance and shortages of competent personnel. Embedding lessons learned from these events, along with integrated use of technology and specialized expertise, can mitigate well control risks.

U.S. crude output on track to rival giants Russia, Saudi Arabia

The U.S. may challenge Saudi Arabia and Russia in the next two years in the race to become the world’s largest oil producer.

API's Jack Gerard delivers 2018 State of American Energy speech

API's president and CEO Jack Gerard delivered a speech at today's 2018 State of American Energy event.

Ineos Shale challenges Scottish government's oil, gas extraction ban

Ineos Shale has announced that, with its co-venture partner Reach, it has lodged a petition for judicial review of the recent decision by the Scottish Government to “effectively ban” onshore unconventional oil and gas extraction in Scotland by introducing a new planning policy of "no support."

Magnolia Petroleum participates in three SandRidge Energy-operated wells in Oklahoma

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to announce that it has received notice from SandRidge Energy, the operator of the Gilchrist 2016 1-36H well (Gilchrist) in Oklahoma, that three additional increased density wells are to be drilled on the same spacing unit to maximize the recovery of reserves.

Oil steadies above $61 following pullback in U.S. drilling

Oil rose after drilling activity in the U.S. eased, adding to signs the global crude surplus is abating.