hydraulic fracturing
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First developed as a proprietary system by a large Permian Basin operator, this hydraulic fracturing schedule exchange will be run by a data company and opened up to the entire North American shale sector.
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After a long cooling off period, this dry-gas shale play is once again red hot.
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The agency updated its methodology and production volume estimates to factor increasing production from new, emerging plays as well as older plays that have rebounded thanks to drilling advancements.
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The struggle to overcome the challenge of frac hits has led to a critical dialogue about which pathway the shale sector should take. One idea is to simply put the problem at the center of every major decision.
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UK’s first horizontal shale well has yielded positive results after an initial flow test. But further testing—and fracturing of a second well—will have to come amid a continuation of UK’s stringent regulations on induced seismicity.
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An oil and gas startup has attracted the business with a major operator thanks to its ability to forecast whether production-enhancing chemicals will work as advertised.
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Small quantities of gas and water are flowing to the surface from the UK’s first horizontal shale well—just days after operator Cuadrilla paused injection work for a second time amid earthquakes.
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Cuadrilla has encountered its first bumps in the road while fracturing its Preston New Road shale gas well, with two quakes already temporarily halting injection operations.
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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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Well-interference issues can be hard to diagnose, but this startup may be figuring that out. The data-driven process it developed can also help operators come up with more effective ways to use diverters.