Fracturing/pressure pumping
After 5 years of in-depth diagnostic research, the Oklahoma City-based operator shares more insights on fracture behavior.
This paper discusses the development of a multientry, multistage fracturing system and its advantages over traditional openhole multistage fracturing solutions.
In the Marcellus, Repsol is slicing and dicing legacy data to evolve its completions strategy, while in the Permian, ExxonMobil is mastering the 4-mile lateral drillout using lessons learned.
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Faster drilling speeds have become one of the major obsessions of the shale sector in recent years. But since completions represent up to 70% of a new well’s cost, maybe this side of the business needs more attention now.
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The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.
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While many shale producers are racing to cut costs by removing crews from the field, ExxonMobil and Chevron stood out as maintaining large numbers of fracturing crews.
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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.
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Shale producers are pulling completions crews out of the field to respond to the recent price crash, but the contraction has only begun.
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The ruling comes after a 4-year legal battle between Winona County commissioners and Minnesota Sands, a local company that claimed the 2016 ban was an unconstitutional limitation on interstate commerce and amounted to the government taking its property without compensation.
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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.
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In this episode, we discuss some of the latest research and emerging techniques that were shared at the industry’s leading hydraulic fracturing gathering earlier this year.
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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.
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High-tech testing is playing a bigger role than ever in helping shale producers reduce the time needed to screen out bad ideas.