Hydraulic Fracturing
Article
May 2021
Digitization of well completions is the first step toward green, sustainable fracing operations.
News
April 30, 2021
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.
News
April 29, 2021
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.
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.
Article
April 2021
One way to reduce frac fleet costs in the Permian is to decrease the rate of seat replacements by utilizing new carbide technology.
News
April 23, 2021
Californian Governor Gavin Newsom will ban new hydraulic fracturing permits in the coming years as the state pushes to eliminate net greenhouse-gas emissions by 2045.
News
April 22, 2021
Kayrros has released measurements quantifying the total methane emissions across the Appalachian Basin. The findings, derived from satellite data and proprietary algorithms, place the Appalachian Basin ahead of the Permian as the biggest source of methane in the US and identify the primary sources behind its emissions.
Article
April 2021
As regulatory requirements and ESG reporting and transparency increase to address gas flaring, “clean fracs” could be one solution for upstream oil and gas companies towards an energy transition.
News
April 09, 2021
The Railroad Commission of Texas issued a total of 798 original drilling permits in March 2021 compared to 744 in March 2020. The March 2021 total includes 682 permits to drill new oil or gas wells, 13 to re-enter plugged well bores, and 99 for re-completions of existing well bores.
News
March 29, 2021
The field test, completed on behalf of a major operator, was comprised of more than 300 operating hours with an average of more than 18 pumping hours per day, including the completion of 172 stimulation stages at rates up to 22 barrels per minute.
Article
March 2021
The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) is actively pursuing, through funding and in-house research, a number of research and development projects that would contribute to enhanced fracture characterization through digital information gathering and processing. The aim of these projects is to better understand both natural and produced fractures, and to evaluate their ability to enhance production and ultimate recovery. The dialogue below discusses one of these projects that is funded by NETL.
Article
February 2021
Stung by previously bullish price scenarios that were wrongly projected to sustain beyond the seasonal winter spikes, Appalachian gas producers are in no hurry to exponentially increase production, essentially brushing off improving fundamentals.
Webcast
Frac Challenges - reaching ESG targets and higher profitability
March 11, 2021
MTU, CUDD
Today's modern fracturing fleets are expected to deliver the highest level of performance, productivity, efficiency and reliability. E&P's require a diversified fleet which can handle multiple pumping scenarios without having to change equipment or book separate specialized fleets, while also achieving emissions reduction targets driven by ESG goals/initiatives. CUDD Energy Services chose mtu’s 16V 4000 T95 3000HP Tier 4 engine for this reason. Legendary performance, efficiency and reliability – mtu’s experience in the industrial diesel engine market aims to deliver solutions that address service companies expanding needs and challenges in today's market. Join mtu and CUDD to discuss their Tier 4 fleet expansion and learn more about how a single fleet can cover any pumping scenario.
Article
January 2021
How the recent consolidation of operators in the fracing sector will lead to a digital revolution.
Article
January 2021
An innovative stainless material achieves a lower total cost of ownership and extended service life, compared to other stainless offerings, improving ROI and profitability of fracing operations.
Article
January 2021
Electric motors drive hydraulic fracturing pumps to meet ESG goals.
News
January 14, 2021
The world’s biggest fracking services provider, Halliburton has deployed the industry’s first grid-powered fracking operation on behalf of Cimarex Energy Co. To date, it’s completed almost 340 stages across multiple wells.
News
January 08, 2021
“Opening the shale revolution to the world through the export ban lifting helped shift the global oil market psychology from supply scarcity to abundance,” said Karim Fawaz, director of research and analysis for energy at IHS Markit. “It unshackled the U.S. industry to keep growing past its domestic refining limitations.”
Article
December 2020
While the various and constantly evolving Biden/Harris promises to ban hydraulic fracturing—at one level or another—dominated the narrative during the general election campaign, the approach they will choose to take on a range of oil and gas issues, now that they are in a position of power, will come into sharp relief.
News
December 21, 2020
Diamondback said it agreed to purchase closely held Guidon Operating LLC. That cash-and-stock deal values Guidon, which was co-founded in 2016 by funds managed with Blackstone Group, at about $862 million.
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.
