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Cuadrilla Resources will test the two wells over the next 6 months to determine how much gas it can initially recover from the Bowland Shale.
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The Federal Reserve Bank of Dallas’ quarterly survey of operators and service companies shows an industry still confident in its near-term growth prospects. However, concerns remain about a number of issues, ranging from the steel tariffs to crude oil price differentials in the Permian.
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Fracturing two or more wells at the same time creates connections. While fracturing fluids reach out further, those ties create a stronger link, though not forever.
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BP has invested more than $100 million into nine different startup companies in the past 2 years—but only one of them wants to turn your brain into a piece of its software.
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Despite a trend toward renewables and low-carbon energy production among European majors, Total remains wholeheartedly committed to deepwater production.
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2019 SPE President Sami Alnuaim will spend the next year forging new relationships to promote the industry’s role in addressing environmental issues.
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By measuring which tests best predicted the fractures observed at the Hydraulic Fracturing Test Site, Laredo Petroleum developed a method it hopes will improve fracture modeling in other places.
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Predicting the trajectory of a satellite, or a well, requires sophisticated analysis to reduce the huge uncertainties. That adds to the many things drillers should be thinking about, which can be overwhelming.
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What does industry need to create successful ecosystems in a new digital reality? While companies identify and implement new technologies to streamline their operations, a greater focus on new cultures, skill sets, and mindsets may be necessary.
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Companies such as Google, Schlumberger, Shell, and Encana are working to turn the industry’s rat’s nest of data into a goldmine of insight, analysis, and technology.
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These days, it is all about digital. Click to find out what industry leaders from Encana, Google, Schlumberger, and Shell have to say about the ongoing transformation towards data-driven profitability.
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Strides made in data analytics over the past few years have been huge. But the complexity of data, and understanding how to use them, can delay the advantages to be gained. If the benefits and methodology of data acquisition are not better explained to engineers, might implementation suffer?
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