GOLDEN, CO.–While initial production rates are high from horizontal wells in ultratight oil formations, reservoir recovery factors are very low, averaging in the range of 5-10 percent. The low primary ...
DENVER–Liberty Resources continues to evolve its advanced completion design for Bakken/Three Forks horizontal wells, including applying high-density perforating (HDP) and extreme limited-entry (XLE) ...
HOUSTON–With offshore development migrating into ever-deeper waters, the industry is relying on subsea technology to facilitate increased oil and gas recovery while lowering costs and improving safety ...
Three things are certain for U.S. natural gas: record production, anticipation of new markets and expectations for higher prices. Marketed gas production will hit a record 122.5 Bcf/d this year, up ...
PARKERSBURG, W.V.– Daily footage has become a key metric in quantifying Northeast drilling efficiency, and the pace of the improvement has been phenomenal. Six or seven years ago, drilling 2,500 feet ...
EVERGREEN CO.–Producers continue to shift significant budget dollars to liquids-rich plays, including high-Btu gas and crude/condensate production with high-Btu associated gas. The result is growing ...
After a flurry of activity in the Tuscaloosa Marine Shale (TMS) met with some unexpected geological challenges three years ago, the persistent independent producers that stuck with the play say they ...
THE WOODLANDS, TX.–With more rigs now targeting crude oil than natural gas reserves, oil is spurring increased demand for all types of production and artificial lift equipment and services. While ...
According to the Pennsylvania Department of Environmental Protection’s annual report on oil and gas activity, operators produced 6.1 trillion cubic feet from the Marcellus and Utica in 2018–the most ...
REDMOND, WA.–Safe, efficient, and profitable development of shale natural gas resources depends on achieving a clear understanding of the role of natural fractures in shale gas production. Natural ...
As independent producers of natural gas seek to foster markets for their molecules, the bulk of the attention has been focused in only a few areas such as power generation, transportation and possible ...
PLANO, TX.–Chevron Corp. initiated the first large-scale enhanced oil recovery project in the world to use carbon dioxide as the working fluid in 1972 in the Texas Permian Basin. Four decades later in ...
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