shale oil
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SponsoredQuickly identify the right strategies for a well or pad to overcome operational challenges. Explore cost-effective, easy-to-use solutions that help operators achieve better production rates with less manpower. -
SponsoredAs world demand for energy increases, enhancing the efficiency of oil and gas production is key. Horizontal and multistage fracturing have made a huge difference in recovery. Fracturing fluids have played a key role in these gains—reducing costs and lessening fracture damage. Now fracturing fluids can be more sustainable as well, helping with your company’s ESG goals.
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The obsession with better hydraulic fracturing has steadily pushed on shale production in year one, but the decline remains steep. Chemistry could help explain, and perhaps extend, the short productive life of these wells.
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This study in a shale-oil formation quantified the hydraulic fracture propagation process and described the fracture geometry by developing a geomechanical forward model and a Green’s function-based inversion model for low-frequency distributed acoustic sensing data interpretation, substantially enhancing the value of the LF-DAS data in the process.
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Oil isn’t going away, but that misses the fact that a demand plateau will structurally change the industry for people and companies in the most geologically mature areas, especially the United States.
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The UAE produced 4 million B/D this year and is looking to these newly discovered resources to reach 5 million B/D by 2030.
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The complete paper describes and quantifies the stress-dependence of compaction and permeability for anisotropic rock matrices, natural fractures, and hydraulic fractures, based on comprehensive rock tests of a fractured tight reservoir.
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PowerChina said railway plans are moving forward under Argentina’s current administration and China could provide the financing for the $1.2–1.5 billion project.
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The source of gummy, damaging polymer gunk that has flowed from Oklahoma oil wells is becoming clear, and one of the lessons learned is that shale plays require petroleum engineers to learn more about chemistry.
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Based on the early results from mass shut-ins of shale wells, it did not harm long-term production and it paid a short-term dividend with more oil flowing in the days after restarting.
