Hydraulic Fracturing
News
December 21, 2020
Diamondback Energy and QEP Resources have entered into a definitive agreement under which Diamondback will acquire QEP in an all-stock transaction valued at approximately $2.2 billion, including QEP’s net debt of $1.6 billion as of September 30, 2020.
News
December 16, 2020
It looks like the mainstream media have finally realized that government intervention in energy markets impacts the cost of energy for consumers, writes Commissioner Wayne Christian, Railroad Commission of Texas.
News
December 15, 2020
Home to the Bakken shale formation, North Dakota won’t see any sustained growth in production sooner than the second half of 2022, Lynn Helms, director of the state’s Department of Mineral Resources, said.
News
December 14, 2020
Steady output from their mines means that oil sands producers are able to keep revenue coming for decades without too much investment, while the short life span of shale wells forces U.S. explorers to constantly burn cash just to keep up production.
News
December 10, 2020
Shale operators slashed their planned capital expenditure (capex) for 2020 to account for the oil price crash, which inevitably led to decline in drilling and completion activity in the Eagle Ford play. Hence, crude oil production is expected to drop by 10% year-on-year (YOY) in 2021, says GlobalData, a leading data and analytics company.
Article
November 2020
The U.S. DOE’s National Energy Technology Laboratory (NETL) is funding four projects for cost-shared R&D in produced water treatment.
Article
November 2020
To drill or not to drill, that is the question!
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.
Article
July 2020
A new digital IIOT completion technology eliminates imprecise manual tracking during fracing operations, using sensor-driven software. The system consolidates real-time data from all service providers, on one screen, and produces a time-stamped operational log of what occurred at the wellhead...
Article
Integrated geomechanical interpretation of hydraulic stimulation using distributed vibration sensing
July 2020
Distributed vibration sensing has provided a new measurement technique for monitoring hydraulic fracture treatments. Once pre-modelled, the strain steps show expected order of response, and the fracture propagation can be matched during real-time to estimate the extent of actual fracture propagation.
Article
July 2020
Formation water reduction technology improves oil/water ratio in multiple basins.
Article
May 2020
Fractures in clay-rich shales tend to be short, with smaller surface areas that can negatively affect fluid flow. To improve understanding of fracture performance in these shales, Lawrence Berkeley National Laboratory, with funding from the U.S. DOE’s National Energy Technology Laboratory, conducted two-phase research to investigate and understand how fracture characteristics affect production performance.
Article
April 2020
A new producibility index, which identifies light/heavy oil components in tight-organic shale reservoirs, can be used to determine the best horizon to land a lateral section to improve ultimate recovery.
Article
February 2020
Capital discipline reining in rigs, production
Article
January 2020
Tough times fall on erstwhile 'Permian-lite'
Article
January 2020
The evolution of frac plugs has helped producers go to new lengths, while reducing operational time and risk. Case studies, onshore and offshore, confirm that these advancements are saving operators money.
Article
January 2020
To rectify uneven fluid and proppant partition into each placed cluster, numerical models were used to investigate the effectiveness of a particulate diverter system to optimize stimulation strategies under specific downhole conditions.
News
December 23, 2019
The slowdown in Permian Basin oil drilling and fracking is spreading to the lenders as austerity takes hold.
News
December 20, 2019
The study comes as presidential candidates and activist groups have called for a ban on hydraulic fracturing. Several major candidates have promised to pursue such a ban if elected, and the results would deliver a staggering blow to the economy.
News
December 03, 2019
Last month, the UK fracing industry suffered a fatal blow as the Conservative government ended its support for the practice over concern that it causes earthquakes. The move, ahead of a general election set for Dec. 12, effectively bans fracing.
News
December 03, 2019
Permian basin frac crews, who are brought in to complete the final stage for creating a new oil well, have dropped 21% so far this year. For all of 2018, frac crews in the West Texas and New Mexico oil fields expanded by 1.3%.
