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Hydraulic fracturing

Schlumberger awarded fracking contract in India

Schlumberger will provide Oilex with hydraulic fracturing services, coiled tubing and nitrogen services and perforation services for the planned re-frac of the Cambay C-77H well in Gujarat, India, in July 2022.

 

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GlobalData: higher investment needed for Bakken Shale to exhibit full recovery

According to GlobalData’s latest report, ‘Bakken Shale in the US, 2021 – Oil and Gas Shale Market Analysis and Outlook to 2025’, Bakken Shale accounted for a mere 11% of oil and 2.8% of natural gas production in the US Lower 48 for 2020, which is a drop from 12% for crude oil and 3% for natural gas in 2019.