Shale
News
May 25, 2022
Even with crude above $100 a barrel, producers in the Permian and other U.S. shale basins are riding the brakes.
Article
May 2022
Operators continue to look for field solutions that bring greater efficiencies and cost-savings. With these concerns top of mind, we recently introduced our more streamlined SPM™ Simplified Frac Iron System.
News
May 19, 2022
Centennial Resource Development Inc., a shale oil producer in the Permian Basin, agreed to acquire private equity-backed rival Colgate Energy in a cash-and-stock deal valued at about $2.5 billion.
News
May 18, 2022
The recovery of the shale patch workforce is still years in the making despite the frothy profits that rallying crude prices are generating for U.S. oil companies and their contractors.
Article
May 2022
A high-performance WBM, with an innovative polymer chemistry, is exceeding operator expectations in reducing operational time and expense, compared to NAF.
News
May 11, 2022
Weekly U.S. crude oil production declined for the first time in three months, signaling that soaring costs across the oil fields may be preventing drillers from expanding output.
News
May 10, 2022
The number of original drilling permits issued by the Railroad Commission of Texas in April 2022 rose 29% to 946, compared to the year-ago figure of 732.
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.
News
May 05, 2022
Inflation in the oil sector is worsening and industry executives see no reason to expect cost pressures on everything from steel pipe to frac sand to ease any time soon.
News
May 05, 2022
It may have taken an investor rebellion, a pandemic and a war in Europe, but U.S. shale oil and gas producers are now on the cusp of making back their losses from the last decade.
News
May 04, 2022
Devon Energy Corp., one of the biggest oil explorers in the Permian Basin, is getting into the sand business to combat rising costs.
News
May 03, 2022
U.S. shale giants stung by billions of dollars in hedging losses are spending big bucks to ditch their positions in a risky bet that prices stay high.
News
May 03, 2022
Shale drillers Diamondback Energy, Devon Energy and Coterra Energy are boosting dividends while keeping oil output flat despite pleas from President Joe Biden to increase supplies and help take some the edge off of inflation.
News
April 29, 2022
After driving up prices for everything from steel pipes to frac sand to labor, inflation has finally ensnared the centerpiece of oilfield equipment: the drilling rig.
News
April 29, 2022
The reimagined, field proven Simplified Frac Iron System transforms the typically disjointed process inherent with conventional ground iron.
News
April 28, 2022
B3 Insight announced the launch of a complete produced water dataset that covers all of North Dakota including the extensive Bakken Shale Play.
Article
April 2022
Despite WTI surging to an 11-year high of $108.50/bbl in March, U.S. shale operators resisted ramping-up drilling activity and remained disciplined with capital expenditures.
News
April 28, 2022
Continental Resources Inc., Hess Corp. and Matador Resources Co. signaled plans to raise production from U.S. shale basins, a potential harbinger of things to come as Big Oil prepares to report results later this week.
News
April 28, 2022
Whitecap Resources Inc., a Canadian conventional and shale driller, plans to increase natural gas activity in the second half of the year to capitalize on a surge in prices, Chief Executive Officer Grant Fagerheim said.
Article
April 2022
Scott Sheffield has a forewarning for the acreage-restricted private operators helping drive record production in the Permian basin: your annual double-digit growth rates are unsustainable.
News
April 25, 2022
Halliburton, which controls more fracing capacity than any other company, predicted North American explorers will boost spending by 35% this year, up from a pre-war forecast of 25%.
