Unconventional

Unconventional , Shale Plays

US Shale Oil Output Forecast to Drop To 7.64 Million Barrels Per Day in October

Output at every formation is expected to fall in October, except the Permian Basin of Texas and New Mexico.

September 14, 2020

Unconventional , Shale Plays , Joint Ventures

Ecopetrol Aims to Drill 100 Wells in Permian Basin by End-2021

Colombian oil company Ecopetrol, which entered a joint venture in the Permian Basin with Occidental Petroleum in November 2019, said it plans to drill another 22 wells this year.

September 14, 2020

Unconventional , Shale Plays

Concho Resources Eyes Efficiency Gains in Permian Basin

Simultaneous fracs are among the methods being discussed by some U.S. shale players to drill and complete wells faster and more efficiently.

September 10, 2020

hart_energys_unconventional_activity_tracker

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Sept. 7, 2020)

Though the oil and gas industry has not recovered since the end of the second quarter, the Permian Basin remains the most active region.

September 8, 2020

Business , Unconventional , Shale Plays

US Shale: Meditations on the Revolution

Shale operators have plans to restart production. But with OPEC seemingly satisfied with $40 oil prices, U.S. producers are facing the prospect of becoming ‘zombie companies’—all dressed up but with nowhere to drill.

September 2, 2020