Operators here are solving for frack water sourcing and transport as well as recycling and disposal of enormous amounts of surplus produced water.
The Beast in the East will roar this year as the Marcellus reaches an inflection point. Bigger wells can fill the takeaway coming onstream.
Private-equity sponsors are seeing opportunities to invest in oil and gas, but exits are becoming increasingly complex.
Tinkering with completions in the Haynesville Shale has led operators to better wells and expanded the economic sweet spots.
Unconventional interest in oil and gas reservoirs begins to stir again in the San Juan Basin, the reigning world champion producer of coalbed methane gas.
Scale of development typically varies with a given producer’s size, balance sheet and comfort with at times complex logistics. As experience grows, the Midland Basin’s transformative process continues.
With more than 10 prospective pay zones and EURs of between 1 million and 2 million boe, appetites are whet for a slice of the Powder River Basin’s more than 1 million acres.
All systems are a go in Oklahoma. Density tests are abundant, EURs are rising and full-field development takes off in 2018.
Oily deals were less interesting at sub-$50 WTI in July than they were at $53 in January. Gassy deals weren’t particularly attractive at $3 Henry Hub. Yet, deals were getting done.
In the horizontal San Andres play in the Permian Basin, private oil companies are kickstarting success by sharing drilling and completion data.
The extended global downturn took the oil and gas service sector below the economic waterline for two long years. As pricing optics improve, executives from two of the world’s largest service providers discuss lessons learned and where we’re going from here.