Permian Basin
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The rising cost of fracturing offers a significant incentive for finding ways to avoid unproductive rock. One entrepreneur says he can use standard well logs to target the slice of rock likely produce most, and avoid the rest.
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As oil prices recover from the low point of the downturn, operators in the Permian and the Bakken are tackling water management issues.
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Aggressive drilling growth in the Permian and other shale plays belies the cost of those wells, which in many cases are in the red.
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The new head of ExxonMobil used his first major public appearance to emphasize the major oil company's committment to environmental concerns through the development of emerging technologies.
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Permian Basin producer Callon Petroleum is attributing its data-driven approach to a routine completions practice to improved proppant placement and higher oil production.
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Through data gathering, machine learning, and the use of a supercomputer, a non-profit organization in Texas is seeking to boost oil and gas production on land owned by the states’ two largest university systems.
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This week the US Geological Survey (USGS) reported that the Wolfcamp shale holds 20 billion bbl of technically recoverable oil. This builds on other active formations in the Permian Basin, where nearly half of US active rigs are operating.
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Use of a complex-nanofluids (CNF) additive to hydraulic fracturing fluids has doubled even as activity has fallen because of potential production increases.
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A look at a water management plan for developing shale assets in the Permian Basin encompassing the full life cycle of each field.
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The US rig count has inched up recently, and the driver has been the old reliable of onshore oil production, the Permian Basin. With surging production, the Permian is the only major US oil shale play to grow since crude prices began to fall.