During 2018 Eagle Ford re-emerged as one of the lucrative destinations for oil and gas companies, according to GlobalData.
Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, according to Rystad Energy.
Agreement will provide proppant to industry leader.
More Hydraulic fracturing news
The Vaca Muerta Shale Basin in Argentina is the only unconventional play outside of North America where activity has already made the transition from exploration to full-scale development.
The company announced today that it has begun to see natural gas flow to the surface from its shale exploration well at the Preston New Road site.
Production in the area, which spans Texas and New Mexico, could reach 5.4 million boe per day by 2023, putting it ahead of every OPEC country except Saudi Arabia.
Highlands, the London-listed natural resources company, is pleased to announce the formation of Highlands Water Resources Corporation.
Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the prospects for the sector.