Unconventional
Business , Unconventional , Shale Plays
US Shale Reinvestment Rate Falls
Analysts say the recent wave of consolidation among shale producers could also eventually lead to the end of U.S. tight oil’s growth story.
Rig Counts , Unconventional
Chart: Eastern Rig Count as of October 23, 2020
Alabama. Florida, Illinois, Indiana, Kentucky, Michigan, New York, Ohio, Pennsylvania, Virginia and West Virginia
Rig Counts , Unconventional
Chart: Gulf Coast Rig Count as of October 23, 2020
Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore
Rig Counts , Unconventional
Chart: Midcontinent, Permian Basin Rig Count as of October 23, 2020
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Rig Counts , Unconventional
Chart: Western Rig Count as of October 23, 2020
California, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico, North Dakota, Utah and Wyoming
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Oct. 19, 2020)
Rig count is up 13% in the last month. The most significant weekly rig increases by major basin were in the Permian (up four to 129), Gulf Coast (up four to 31) and Appalachia (up three to 35).
Unconventional , Policy & Regulations , Shale Plays
Argentina Wants $5 Billion Investment to Boost Vaca Muerta Production
The plan unveiled on Oct. 15 aims to substitute natural gas production for imports, savings some $5.6 billion, the government said.
Unconventional , Policy & Regulations
Argentina Readies Gas Plan to Spur Vaca Muerta
Argentine President Alberto Fernández will travel to the remote region to officially present the plan on Oct. 15, the energy secretariat said in a statement.
Unconventional , Shale Plays
China’s Sinopec Raises Shale Gas Reserve Size in Sichuan Basin
China Petroleum and Chemical Corp. said on Oct. 15 that it has added newly proven shale gas geological reserves of 191.83 billion cubic meters (Bcm) at the Fuling gas field in the Sichuan Basin.
Rig Counts , Unconventional , Shale Plays
Hart Energy Unconventional Activity Tracker (Week of Oct. 12, 2020)
Since the week-over-week rig count from Sept. 30, the total tally of oil and gas rigs operating has increased by 17. According to Enverus, the rig count is up 12% in the last month, but down 64% in the last year.