Bakken shale

The deal seeks to add 151,000 acres to the Calgary-based oil company's portfolio for price of $465 million.

Wellbore tortuosity is a term that has steadily increased in relevance to the oil and gas industry over the past decade, but its importance is especially clear in the current environment.

Advanced machine-learning methods combined with aspects of game theory are helping operators understand the drivers of water production and improve forecasting and economics in unconventional basins.

Energy Transfer pursued the stay and expedited appeal after its emergency request for a stay was denied by the US District Court for the District of Columbia.

US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other.

The court said it was mindful of the disruption the shutdown will cause but said the seriousness of deficiencies from the US Army Corps of Engineers outweighs the negative effects of shutting down the pipeline.

A blockchain pilot program conducted by an oil and gas consortium has shown promise in automating payments for oilfield water handling.

Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.

According to a new report from the EIA, the volume of natural gas reported as flared reached its highest average annual level in 2018, 1.28 Bcf/D. With production soaring in the Bakken, Permian, and Eagle Ford plays, North Dakota and Texas accounted for more than 80% of that total.

Multistage horizontal well designs were first implemented in the Bakken in 2007. Since then, more than 12,000 wells have been completed in either the Middle Bakken or Three Forks zones.