Seismos and Liberty Energy have partnered to bring the Seismos-MWF QC analytics system to E&P operators to optimize fracture designs and improve overall well performance.
SilverBow Resources acquires liquids-weighed assets in western Eagle Ford through the acquisitions of Sundance Energy and SandPoint Resources that meaningfully increase SilverBow’s size and scale.
In the three-year pilot stage, Chevron plans to invest $65.7 million to drill, complete and commission five horizontal wells in the Vaca Muerta Shale formation. In addition, the oil major will invest $13 million in infrastructure.
INEOS will develop a test shale gas site in the U.K. to show the British government that fracking is a safe and local alternative to importing gas from Russia.
ProPetro and Pioneer Natural Resources amended their pressure pumping services agreement to update the terms and conditions of the partnership.
As part of the acquisition, Vermilion Energy will transfer a portion of the Leucrotta land base and approximately CA$43.5 million of cash to a new company which will be managed by the existing Leucrotta team.
After achieving breakthroughs in shale oil explorations, top Chinese oil and gas major PetroChina now aims to build a pilot zone to pump one million tonnes of crude a year by 2025, parent company CNPC says.
The approval for the Kale project, located in the northeastern municipality of Puerto Wilches, is the first for a fracking pilot project in Colombia.