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Hydraulic fracturing news

 

Hexion announces first mobile Permian Basin resin coating plant

Hexion is the first company to develop mobile resin coating technology, offering efficient manufacturing of resin coated proppants on any substrate. Manufacturing can occur in any location that offers optimum logistics to the wellsite, even internationally.

 
 
 

US leads the top ten countries by crude reserves, says GlobalData

Unconventional oil reserves across the top ten countries stand at 9.2% (45.8 billion barrels), oil sands reserves stand at 6.7% (33.3 billion barrels), and heavy oil represents 4.5% (22.2 billion barrels) of all remaining reserves.

 
 
 
 
 

Shale producers drop rigs and add hedges

Despite a slowdown in the number of rigs being added in the shale basins, output targets will be met or exceeded as producers are adding to their hedged positions, according to ESAI Energy’s recently released North America Watch.