Hydraulic fracturing news
Repsol makes the largest US onshore oil discovery in 30 years
The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirm the Nanushuk play as a significant emerging play in Alaska’s North Slope.
EIA: Tight oil expected to make up most of US production increase until 2040
The EIA’s Annual Energy Outlook 2017 Reference case projects that US tight oil production will increase to more than 6 million bpd in the coming decade, making up most of total US oil production.
Halliburton CT sleeve opens 32 months after installation
In the market of drilled and uncompleted (DUC) wells, there have been concerns about using frac sleeves in the completion design, then having them reliably open one, two, and almost three years later with repeatable success.