Hydraulic fracturing news
Reveal Energy Services signs first operator volume agreement
With the industry’s newest approach to validating a completion design, Reveal Energy Services’ fracture maps quantify fracture half-length, height, asymmetry, and azimuth.
Alpine Silica announces new frac sandplants in Texas and Oklahoma
The firm currently owns and operates one plant in the Permian basin, with production capacity of approximately 3 million tpy of high-quality frac sand.
Vulcan Industrial announces expansion of Permian Basin Service Centre
Vulcan Industrial (Vulcan) has announced the expansion of their Permian Basin Service Centre for pressure pumping products. Based in Midland, Texas, the service centre will offer comprehensive service and support to their hydraulic fracturing pump fluid end and pump expendable parts product lines.
GEODynamics introduces professional grade perforating systems
The new patent-pending system combines professional grade gun loading and assembly features with FracIQ™ Limited Entry Perforating shaped charges.
Northern Territory decision to allow onshore gas exploration to restart in 2019
Santos welcomes the Northern Territory Government’s decision to implement the prerequisite conditions for recommencement of onshore gas exploration by the end of 2018.
Shale Support hires VP of Business Development
Lee Hulllman will serve as vice president of business development assisting in the company’s overall strategic planning and initiatives.
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.
Rystad Energy: Top 33 shale oil producers need extra US$8.3 billion to balance 2018 cash flows at US$60 WTI
These companies represent 61% of US shale oil production in 2018 and were chosen for their focus on oil output.
Reveal Energy Services validates more than 2500 hydraulic fracturing stages
Reveal Energy Services announced today the company has validated more than 2500 hydraulic fracturing stages throughout the US with its simple, accurate, affordable pressure-based fracture maps.
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.