Hydraulic fracturing news

Located in close proximity to the major industrial hubs on the US East Coast, Marcellus and Utica shale plays in the Appalachian basin have witnessed steady natural gas production growth over the last five-six years.

Prior to being elected president of the society, Lisa Henthorne served on its board for four years, contributing to the growth in technical programmes and member services.

The well began producing oil immediately and has been in the process of unloading the frac fluid while continuing to produce oil.

The Frost #1H well is located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas.

Abundant hydrocarbon reserves and the ability to drill longer laterals has made Permian Basin the most prolific shale play in the world, according to GlobalData, the data and analytics company.

EIA’s Annual Energy Outlook 2019 (AEO2019) Reference case projects that U.S. tight oil production will continue to increase through 2030, ultimately reaching more than 10 million bpd in the early 2030s.

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.

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.