Sand, Spacing, Slickwater: Completions in unconventional reservoirs are the leading edge of the industry, as operators continually hone and tweak their designs and wells respond with higher rates and bigger recoveries. This roundtable of top completion experts delves into the details of what is working where and how.
- Gary Gould, senior vice president of production and resource development at Continental Resources Inc.;
- Cliff McKaughan, business development manager with Thru Tubing Solutions Inc.; and
- Kristian Cozyris, completions adviser at Baker Hughes Inc.
Ophir Energy Plc said Jan. 7 it expects to report a non-cash write down of $300 million in its full-year results after being denied the extension of a block license which houses a LNG project in Equatorial Guinea.
The Canadian LNG industry has been slower than its U.S. counterpart to take advantage of soaring gas demand around the world and build export plants, in part due to securing feedstock supplies for the terminals.
Equatorial Guinea announced plans to build two new oil refineries among other energy projects worth $1 billion, its energy minister was quoted as saying, in a bid to diversify a sector that provides more than 90% of its foreign revenue.