Shale

Laterals 20,000 Feet-Plus A Dream No Longer as Proppant Intensity, Digitization Unleash Waves of Innovation

Laterals 20,000 Feet-Plus A Dream No Longer as Proppant Intensity, Digitization Unleash Waves of Innovation

Drilling and completion technology has come a long way since the unconventional revolution began, as technology advances in well design are pushing the envelope, sending more oil and natural gas from shale and tight resources than ever before.

November 10, 2016

Pennsylvania Court Stays Parts of New Shale Regulations

The Pennsylvania Commonwealth Court has stayed parts of the state’s regulatory overhaul for shale drillers to consider the merits of a lawsuit filed by the Marcellus Shale Coalition (MSC) that challenges key provisions of the package.

November 9, 2016

Eclipse Switches to Next Generation Completions, Building on First ‘Super Lateral’

Ohio pure-play Eclipse Resources Corp. plowed ahead with its next generation completion design during the third quarter, using what it learned from the Purple Hayes 1H “super lateral” well in the Utica Shale condensate window to drive improving results.

November 4, 2016

Canada’s NEB Sees Brief Decline in NatGas Output from U.S. Shale Competition Before LNG Exports Ramp Up

Canadian oil and natural gas production will keep growing, but soft prices and environmental restrictions will slow the pace and generate setbacks, the National Energy Board (NEB) predicted Wednesday in a revised 25-year forecast.

October 26, 2016

Southwestern Energy Sees Path to Growth as 2016 Nears an End

Southwestern Energy Co. spent the third quarter making up for lost time, getting its rigs running again and finding more efficiencies to get back on the growth path heading into 2017 as production has declined since late last year.

October 21, 2016
World Bank Raises 2017 Crude Outlook to $55/bbl, Cites OPEC Agreement

World Bank Raises 2017 Crude Outlook to $55/bbl, Cites OPEC Agreement

The World Bank raised its forecast for 2017 crude oil prices from $53/bbl to $55/bbl Thursday, citing a potential production limits agreed to by the Organization of the Petroleum Exporting Countries (OPEC).

October 21, 2016

U.S. Unconventionals to Pressure Oil Prices for Years, Says ExxonMobil Chief

Even as supplies tighten, ample production from U.S. unconventional drilling will pressure commodity prices for years to come, ExxonMobil Corp. CEO Rex Tillerson said Wednesday.

October 19, 2016
Earnings Season Begins For E&Ps, Midstream And OFS — For Better? Or Worse?

Earnings Season Begins For E&Ps, Midstream And OFS — For Better? Or Worse?

Halliburton Co. will open third quarter earnings season for the energy sector early Wednesday, a period which has seen the U.S. onshore buoyed by more natural gas drilling, as well as a plethora of deals within the Permian Basin.

October 18, 2016

Oil, NatGas Production, DUCs in Big Seven Plays Still Declining, EIA Says

Oil and natural gas production from the nation’s seven largest unconventional plays, as well as the number of drilled but uncompleted (DUC) wells in them is expected to decrease slightly in November, according to data from the Energy Information Administration (EIA).

October 17, 2016
Comstock Selling Texas Assets, Drilling in Haynesville

Comstock Selling Texas Assets, Drilling in Haynesville

Frisco, TX-based Comstock Resources Inc. said Monday it is selling conventional natural gas properties in South Texas for $28 million, with proceeds to fund drilling this year, while it restarts drilling in the Haynesville Shale.

October 17, 2016