Shale Archives Page 3 of 7

Hydraulic Fracturing Market to Witness Steady Growth of 12 Percent

Energies Media StaffSeptember 12, 2020November 16, 2021

by Energies Media StaffSeptember 12, 2020November 16, 2021

Increasing petroleum consumption and rapid infrastructure development will drive the hydraulic fracturing market. As per BP statistical review, global crude oil consumption was 93 million...

Bakken Shale Registers Drop in Drilling Activity Amid Substantial Decline in Oil Prices

Energies Media StaffAugust 14, 2020November 16, 2021

by Energies Media StaffAugust 14, 2020November 16, 2021

The Bakken Shale play, the second largest oil producing region in the U.S. after the Permian Basin, has witnessed a considerable fall in drilling activity...

Unconventional Exploration and Production Technology

Ender SánchezJuly 6, 2020November 18, 2021

by Ender SánchezJuly 6, 2020November 18, 2021

In previous sections, we introduced unconventional reservoirs, and determined that one of the main parameters that will define this type of reservoir is its permeability....

Virtual Training Technologies Will Be Used to Re-Train Furloughed COVID-19 Oil and Gas Industry Workers

Dijam PanigrahiJuly 6, 2020November 18, 2021

by Dijam PanigrahiJuly 6, 2020November 18, 2021

The COVID-19 pandemic wiped out nearly 40 million jobs in total dating back to mid-February. It didn’t matter which industry, as millions of workers were...

The Effects of the Oil War on the US Shale Industry

Energies Media StaffJune 10, 2020November 16, 2021

by Energies Media StaffJune 10, 2020November 16, 2021

In March 2020, talks broke down between OPEC leader Saudi Arabia and Russia, which is not a member of OPEC. The two oil-producing countries met...

Natural Gas Outlook Remains Bleak Through 2020 and Affects Major Gas-producing Shale Operators

Energies Media StaffMay 19, 2020November 16, 2021

by Energies Media StaffMay 19, 2020November 16, 2021

Natural gas prices have struggled in early 2020, hitting record lows due to U.S. dry gas production being at a record high – which has...

Eagle Ford Natural Gas Production Benefiting from Crude Oil Price Crash

Energies Media StaffApril 16, 2020November 16, 2021

by Energies Media StaffApril 16, 2020November 16, 2021

The oil price crash has forced Eagle Ford operators to re-evaluate their cash flows, cutting capital expenditure and rig count in 2020. By assessing the...

Permian Production Already a Victim of Oil Price War

Energies Media StaffMarch 27, 2020November 16, 2021

by Energies Media StaffMarch 27, 2020November 16, 2021

Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the...

Scoop-Stack Shale Play Drilling Activity Driven by Select Counties in Oklahoma

Energies Media StaffMarch 21, 2020November 16, 2021

by Energies Media StaffMarch 21, 2020November 16, 2021

The Scoop and Stack shale plays of Oklahoma may not be as prolific as the Permian Basin or the Bakken shale play. However, acreages across...

Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020

Energies Media StaffMarch 20, 2020November 16, 2021

by Energies Media StaffMarch 20, 2020November 16, 2021

Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock...

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