Article
September 2022
Answer: well, not if taxes take all “its” benefits. The new Anti-Inflation legislation in the U.S. appears to be a victim of pandemic stupidity among governments.
News
September 22, 2022
A national green light for fracing, the technique that triggered a huge boom in shale oil and gas in the U.S., is one of a handful of measures from Britain’s new leader to increase energy supplies in response to Russia’s invasion of Ukraine. It’s a controversial move that rolls back pledges made by her predecessor Boris Johnson in the government’s election manifesto.
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.
Article
September 2022
An integrated approach delivering high wellbore quality across multiple reservoir sections enables an operator to successfully run and set a multi-stage fracing completion or cemented liner. It also ensures that curve and horizontal section objectives are met when drilling across unstable reservoirs.
News
September 13, 2022
Deltastream Energy Corp.’s gamble six years ago on drilling for oil in a heavily forested area of northern Alberta with no pipeline links paid off with a C$1.8 billion ($1.4 billion) return for investors, according to its chief executive officer.
News
September 09, 2022
Chesapeake Energy Corp. said its assets in the Eagle Ford Shale have drawn a “tremendous amount of interest” as the U.S. company pursues a sale in order to become a pure-play natural gas producer.
News
September 09, 2022
EQT Corp., the largest U.S. natural gas producer, agreed to acquire a privately held competitor in a $5.2 billion deal to expand holdings in the prolific Marcellus shale.
News
September 08, 2022
New British Prime Minister Liz Truss removed a ban on drilling for shale gas, an effort to boost domestic energy supply that will have to overcome the same obstacles that stymied the industry for the past decade.
Webcast

Automate your frac pad with TechnipFMC’s iComplete™ CyberFrac™

September 29, 2022
TechnipFMC
TechnipFMC’s iComplete™ CyberFrac™ system is a fully digital and automated platform for controlling equipment operations during hydraulic fracturing through app-based configurability. In this webcast, John Eden will explain how this system enables well site managers and their teams to follow approved procedures and establish sitewide operational awareness through the Digital Handshake™ while reducing manual errors. John will also be joined by Tara West and Kelly McFadgen from Marathon Oil Corporation to offer customer testimonial to how CyberFrac has provided versatility and flexibility to their frac pads and the improvement they have seen firsthand after implementing the system within their Bakken asset.
News
September 07, 2022
Century Tool and Gage, a Tooling Tech Group company and a precision machining and composites tooling specialist, has announced its ability to provide the machining services required for producing fracing blocks, also known as fluid-end blocks or quints.
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.
Article
September 2022
Innovation in hydraulic fracturing equipment design and engineering has resulted in field-proven technology for emission reduction, operational efficiency and cost-savings. The direct-drive turbine for fracturing application has come of age.
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.
Webcast

Increase Solids and Fluid Handling Capacity, Drilling Fluid Recovery, and Waste Reduction to the Max

September 22, 2022
Schlumberger
The biggest challenge operators are facing today is the bottleneck at the shakers, the ability to drill faster and the shakers’ ability to keep up with the drill rates, also for those shakers to retain as much of the expensive drilling fluid as possible while keeping those fluids out of the waste stream. The MONGOOSE Max high-capacity shaker is the latest advancement in shakers, significantly increasing solids and fluid handling capacity by 35%, and fluid recovery by 40%. With the integration of the new vacuum technology, the overall oil on cuttings by weight average is 10% over the more than 18% with third-party shakers. The whole mud on cuttings is reduced by up to 40%, with the discarded solids passing 99% of the US EPA Paint Filter Liquids Test 9095B and lowering the solids waste stream by 25%.
Webcast

Electrification of Production Systems for Mature Fields

September 15, 2022
Schlumberger
As our industry transitions over the coming years toward fully decarbonized energy, we will be facing the imperative of answering the demand for conventional energy with new priorities on capital stewardship, increased productivity, and greater environmental sustainability. Investing billions of dollars in large new greenfield developments will become more and more difficult to justify. Operators will turn to their existing assets to connect additional resources and extract more oil and gas from them, with the priority on projects with low breakeven, low carbon, and short payback. Electrification of production systems will provide answers for this situation. But while operators fully understand the value of electrification for greenfield developments, its benefit for existing mature fields is less well known. This webcast will focus on the benefits of electrification for wells, subsea, and topside in brownfield applications. During this discussion, we will expand on the new capabilities enabled by electric systems that will help push existing frontiers. In addition, we will address some beliefs and myths and demonstrate that incremental investment costs for electrification of existing fields can return a large value while reducing the carbon footprint of our industry.
News
September 01, 2022
Investors desperate for clues on the outlook for U.S. shale oil production now have one of their first official forecasts for 2023, with the new chief executive officers of Permian Resources Corp. planning a 10% increase to take advantage of elevated crude prices.
News
August 31, 2022
Abu Dhabi National Oil Company announced the award of five framework agreements totaling $1.83 billion for Directional Drilling and Logging While Drilling.
News
August 30, 2022
Zephyr Energy plc, the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, continues to prepare for extended production testing of its successfully drilled and completed State 16-2 LN-CC well.
News
August 26, 2022
The Railroad Commission of Texas will soon begin plugging more wells to continue its strong track record of plugging abandoned oil and gas wells in Texas.
News
August 26, 2022
The Department of the Interior announced that Texas has been awarded an initial grant of $25 million from the Infrastructure Investment and Jobs Act to begin work to plug, cap and reclaim orphaned oil and gas wells across the state.
News
August 25, 2022
U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.
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