Shale ///

Colorado oil industry gets overhaul by regulators

Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions.

Gazprom Neft, IBM Research Brazil enhance geological processing with AI

More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,

Canadian Wildcatters see boost from oil cuts

Local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the start of December, without the headaches.

Tecpetrol goes on frac sand buying spree in Argentina

Sand shoveled out of an Argentina river used to transport soybeans may soon reappear 700 mi (1,100 km) away in the country’s booming shale fields.

Navigation Powder River uncovers record well result in the Powder River basin

Navigation Powder River, sponsored by certain investment funds managed by Juniper Capital Advisors, L.P., has announced record initial production from the Jacob Federal 1-42-73-3H well in the Powder River basin (PRB).

ADNOC Drilling completes first integrated drilling services in UAE

ADNOC Drilling, an Abu Dhabi National Oil Company (ADNOC) subsidiary, has announced the completion of its first fully ‘integrated drilling services’ well in the Al Dabbyia onshore field, in the Al Dhafra Region of the Abu Dhabi emirate.

Colorado's SB181 advances to House

The House Finance Committee voted along party lines Monday night as Democrats advanced Senate Bill 181 to the House Appropriations Committee.

Offshore drilling makes comeback with increased spending, activity

After years in the shadow of the U.S. shale patch, deep-water explorers from Royal Dutch Shell Plc to Talos Energy Inc., along with contractors such as Ensco Plc and TechnipFMC Plc, told investors at the Scotia Howard Weil Energy Conference in New Orleans this week they see a revival coming.

Saudi Aramco, McDermott sign EPCI agreement for fabrication facility in Saudi Arabia

Saudi Aramco has signed a land lease agreement with McDermott Arabia Company, Ltd., a subsidiary of McDermott International, Inc., to grant McDermott a lease to establish a fabrication facility located within the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia.

Gazprom Neft, Schlumberger develop cooperation agreement in well-logging technology

Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging. The document was signed by Vadim Yakovlev, first deputy CEO, Gazprom Neft, and Sergey Slyusenko, managing director, Gazpromneft-Noyabrskneftegazgeofizika and Gokhan Saygi, president of Schlumberger RCA.

Strong oil & gas sectors benefits Colorado with $1 billion revenue

A study on the economic impact from Colorado’s oil and gas upstream and midstream subsectors found that it’s a critically important spoke in the wheel of the state’s diverse economy.

U.S. Refiners Look to get in on shale oil export boom

U.S. refiners aren’t just buying crude to turn into gasoline and diesel -- they’re competing with producers and traders to export it.

BP explores buying solar energy to power operations in U.S.

BP Plc may become the next oil giant to power operations with clean energy.

Optimizing STACK diversion strategy using pressure-based fracture maps

Jeff Kopp, Charles Kahn, Erica Coenen, Reveal Energy Services; Charles Allen, Jake Hutchton, Clark Robinson, Chaparral Energy

Fracture mapping enables operators to determine the effectiveness of different diversion techniques to control fracture growth and minimize inter-well communications.

Advancements in shale reservoir characterization optimize capital expenditures

Camilo Mejia, Natasa Mekic, Weatherford

Profitable production in shale reservoirs is achieved by optimization of capital expenditure and operational strategy improvements from the development of shale reservoir characterization technology.

Neural network-derived model accurately predicts oil recovery in water-drive reservoirs

Don LeBlanc, Eastex Petroleum Consultants

Artificial neural networks are information processing systems constructed to mimic procedures that resemble those of the human brain. They have the ability to learn procedures from training patterns or data. These systems excel at pattern matching, classification, data clustering and forecasting.

Water management

Mark Patton, Hydrozonix

Everything changes

Companies in the news

Michele Cowart, World Oil

Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well, located ~12.43 mi (20 km) south of the Kristin platform in the Norwegian Sea.

Carrizo said to weigh deal with rival explorer SM Energy

Carrizo Oil & Gas Inc. is weighing a tie-up with U.S. energy explorer SM Energy Co., according to people familiar with the matter.

ExxonMobil delays $1.9 billion Canada project amid oil-sands woes

ExxonMobil Corp. is delaying a C$2.6 billion ($1.9 billion) oil-sands project in Canada by at least a year as the nation’s energy industry grapples with a shortage of pipeline space and government-mandated production cuts.