Hydraulic Fracturing
News
October 01, 2024
Oilfield-service costs for U.S. shale drillers are expected to rebound in 2025, clawing back some of this year’s drop, as explorers expand the hunt for natural gas and extend sideways wells, according to industry consultant Enverus.
News
September 19, 2024
The Octiv Auto Frac service combined with the ZEUS electric fracturing platform and the Sensori Fracture Monitoring Service is a fracturing solution that uses intelligent automation to optimize fracture operations and makes the digital frac site a reality.
News
September 17, 2024
The Midland, Texas-based company, which recently finalized its acquisition of Endeavor Energy, has also signed a nonbinding letter of intent with nuclear power developer Oklo Inc. to deploy small reactors for some of its future electricity needs.
News
September 10, 2024
C-5H will be operator Empire Energy’s longest drilled and stimulated horizontal shale well and will target a ~3,000 m horizontal section and ~60 fracture stimulation stages. C-5H will integrate the best completion practices from North American shale analogues and incorporate learnings from Carpentaria-2H and Carpentaria-3H.
News
August 30, 2024
Harris took pains to point out her support for the Inflation Reduction Act, which included provisions meant to encourage more oil and gas leasing on federal lands and waters. The law made the government’s award of wind and solar rights on federal lands contingent on the sale of more oil and gas leases.
News
August 23, 2024
This move is part of bp’s broader strategy to cut emissions and enhance efficiency through advanced infrastructure, including the development of centralized processing facilities and innovative drilling technologies.
News
August 16, 2024
Autry Stephens, the petroleum engineer raised on a Texas peanut and watermelon farm who became the richest U.S. oilman, has died. He was 86.
Article
July 2024
Frac sand and proppant supply have evolved massively over the past decade and are still changing rapidly, with new ideas and new techniques. As shale gas is developed around the world, these learnings will follow, to unlock tremendous value to global supply chains.
News
July 29, 2024
The cost to drill and frac new wells in U.S. shale basins is expected to drop about 10% this year as explorers look to get more for less amid record output, according to a report from Wood Mackenzie.
News
July 27, 2024
Vice President Kamala Harris’ campaign said she doesn’t support a ban on fracing, reversing a stance she took on the hot-button oil and gas extraction technique as a presidential candidate in 2019.
News
July 25, 2024
In tweets and campaign memos, Republican are resurfacing Harris’ previous anti-fracing stance to show how out of touch with voters in politically important states such as Pennsylvania.
News
July 24, 2024
Prices for natural gas would “skyrocket” if fracing was banned. That’s according to Toby Rice, chief executive officer of shale driller EQT Corp., marking one of the first prominent voices in the fossil fuel industry to comment on the election after President Joe Biden said he would end his candidacy.
News
July 04, 2024
Intelligent Wellhead Systems and ProFrac announced the first successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations.
News
June 11, 2024
The addition will mean Vista has two fracking crews and related equipment in operation. The company is aiming to raise production 55% to the equivalent of 85,000 bpd by the fourth quarter, and start production on 138 new oil wells by 2026 in an effort to reach 100,000 bpd.
News
May 13, 2024
Shale operators drilled more crude wells than they fracked in April, marking the first back-to-back increase in drilled-but-uncompleted projects since late 2022, according to a report from the U.S. Energy Information Administration on Monday.
News
April 29, 2024
The agreement includes the deployment of two FORCE electric hydraulic fracturing fleets, wireline, and pumpdown services on ExxonMobil’s Permian operations in the first half of 2024, with an option for a third FORCE fleet with wireline and pumpdown services to commence operations in early 2025.
News
April 25, 2024
TAG Oil Ltd. has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 ("T100") well location in Egypt.
News
April 24, 2024
While production is at record levels, productivity per well in the Permian basin has declined 15% since 2020, due to factors like interference with underground pressure from extensive drilling. However, innovations like longer lateral wells and simultaneous fracking (simul-frac) are improving efficiency and lowering costs.
News
April 23, 2024
After better-than-expected production in 2023, the U.S. shale patch is now in the midst of slowing down amid dwindling inventory for top-tier drilling locations, weaker natural gas prices and industry consolidation.
News
April 15, 2024
Overall, U.S. shale-oil production is expected to be steady at about 9.86 MMbpd in May, below the record 10 MMbpd seen in December, according to the report. Production from the Permian basin hasn’t completely returned to the December high and is expected to be roughly 6.17 MMbpd next month.
News
March 14, 2024
Advanced AI is gaining a foothold in the oil field as drillers and producers are relentlessly focused on improving efficiency. While the technology is being tested around the globe, the U.S. is perhaps the most important spot to watch.
