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.
Increasing investment towards exploration and production of unconventional resources due to rising concern towards rapid depletion of conventional resources will drive the hydraulic fracturing market size during the forecast period.
Single-plane, three-charge system is up to 3.5 times shorter than traditional perforating guns, enhancing well-completion flexibility and operational efficiencies.
22-24 January 2019 in Sugar Land, Texas at the Sugar Land Marriott Town Square, attendees will benefit from 10 years of hard-won lessons by a community of dedicated oil and gas professionals.
Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal.
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.
Will Scargill, Senior Oil & Gas Analyst at GlobalData, offers his view on the prospects for the sector.
According to GlobalData, the wide variance in economic performance among operators in the unconventional horizontal wells that were refractured in Haynesville, Louisiana, US, during 2017- 2018 highlights the need for refracturing techniques to evolve to increase success cases for operators.