shale

Developed by the large shale producer, its new way to monitor interactions between horizontal wells is now available as a commercial software. The concept is considered a stepping stone toward real-time fracture design.

A new report from the IEA forecasts the global oil and gas industry will suffer a $1-trillion loss in revenue as a global pandemic saps demand and crushes prices. It might also set the stage for a price swing in the next few years.

Though they have been a niche ever since their introduction to the market a few years ago, e-fleets are proving to be some of the most downturn-proof assets in the shale sector.

The industry has very limited experience in shuttering production on a large scale in unconventional reservoirs. Many questions remain on how stimulated, nanodarcy shale reservoirs may respond. George King discusses the paradigm shifts needed in the industry.

When engineers went searching for clues on how fractures move beneath the surface, they expected to uncover important learnings. They did not know they were on the path to a new invention.

The Denver-based shale producer is the first to cite the ongoing price war and COVID-19 pandemic as the triggers for its insolvency.

The international major has lowered its output forecast in the world’s most prolific unconventional basin by 20%.

Led by Texas and New Mexico, year-over-year crude output jumped by 11% according to the US Energy Information Administration. Going forward, new records will be set but at a slower pace.

The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.

Sometimes problems turn out to be an opportunity to try something new. In this case, the result was a well design unlike anything most in the shale sector have seen before.