Hart Energy 2023 - Shale Special Report

Shale 2023 Special Report

2023 SHALE OUTLOOK

What’s next for the industry’s evolution?

PERMIAN BASIN

The Mighty Permian Persists: By almost any measure, the Permian Basin delivers.

MARCELLUS

Marcellus Shale Gains Ground: The Marcellus Shale formation has now produced approximately 80 Tcf of natural gas to date.

HAYNESVILLE

The Haynesville Takes Shape: Although some remained skeptical of the shale’s potential, the approximately 9,000-sq-mile formation has proven itself worthy.

BARNETT SHALE

The Barnett Revitalizes: In North Texas’ Barnett Shale play, older wells are being rejuvenating and recompleted with modern fracturing technology.

EAGLE FORD

The Eagle Ford Soars: Often cast in the shadow of the mighty Permian Basin, the South Texas Eagle Ford Shale began showing signs of a resurgence in 2022.

BAKKEN EOR

Bakken EOR Trial Increased Output by 25%: Pilot project shows alternating produced gas with water/ surfactant EOR mix boosts production and cuts costs in the Bakken Shale.

CARBON MANAGEMENT

Where Carbon Capture and Storage Fits Into the Fuel Future: Companies from Chevron Corp. to Oxy dive head-first into the carbon capture market and the potentially profitable CO2 industry.

ARGENTINA SHALE

Argentina’s Vaca Muerta Aspires to Permian 2.0: The Vaca Muerta Shale is actively engaged in largescale hydraulic fracking projects and the most likely to replicate the West Texas success story.

COMPLETIONS TECHNIQUES

Improving Completions Through Better Near-Wellbore Conditions Knowledge: Drill2Frac’s FlowFX solution helps finetune completion designs by modeling parameters such as the number of perf clusters and length of stages.

COMPLETIONS TECHNOLOGY

Autoblend, Top Fill Support Completions Operations: New electrical blender has higher up time than its traditional counterparts, while a mobile bucket elevator speeds up the sand delivery process.

WATER HANDLING

Produced Water Research Advances: The University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially make projections about the behavior of produced water.

OILFIELD SERVICES

ProPetro’s Low-Carbon Future: The oilfield service company is shifting its mindset from aggressive growth to sustainability.

Bakken EOR Trial Increased Output by 25%

Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.

ProPetro’s Low-Carbon Future Still Begins and Ends in the Permian

Following some A&D in 2022, the Permian-focused oilfield service company is shifting its mindset from aggressive growth to sustainability.

Shale Forecast: 2023 Shale Outlook

What’s next for the industry’s evolution?

Solaris' Innovations Help Reduce Completions Downtime

Solaris’ new electrical blender has higher up time than its traditional counterparts, while a mobile bucket elevator speeds up the sand delivery process

State of Shale 2023, Barnett: A Star is Reborn

Led by operator BKV Corp., the Barnett is getting a makeover as older wells are recompleted using modern refracturing techniques. 

State of Shale 2023, Eagle Ford: A Return to the Spotlight

South Texas’ Eagle Ford Shale began showing signs of a resurgence, particularly as it became a hotspot for M&A in 2022.

State of Shale 2023, Haynesville: A Slumbering Giant?

Despite a seemingly quiet year, the Haynesville saw a 54% increase in rig activity, reaching 72 in mid-December.

State of Shale 2023, Marcellus: Long Live the King

As geopolitical turmoil takes center stage, E&P leaders see the Marcellus at a turning point in aiding global economies reaching energy stability and recovery.

State of Shale 2023, Permian: The Juggernaut is Tested

The Permian remained the center of the oil shale universe in 2022, but operators grappled with inflation, supply chain woes and labor shortages.

Testing the Waters: New Tech Aims to Clean Oilfield's Produced H2O

From nanoparticles to air bubbles, the University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially find a home for water produced during oil production.