This operator is focused on maintaining its production levels with a slimmed-down capex budget and judicious mix of new wells and DUC well completions.
As completions declined in 2020, so went demand for frac water. But wells that were still online didn’t stop producing it. Here’s the latest on H2O availability, recycling and disposal as operators begin to ramp back up.
The rock you’ve got isn’t changing. It is what it is. But completion technology changes and continues to change to adapt.
With more than a dozen new completions in 2020 in Upton and Reagan counties, Hibernia Resources has more than halved non-pumping time with giga-fracs, making for some $300,000 in savings. Here’s how.
Halliburton Co. posted a better-than-expected fourth-quarter profit on Jan. 19, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year’s industry slump.
Against staggering odds—an unprecedented crash in oil prices and COVID-19—the technology space in the oil and gas sector exceeded the test of resiliency put forth by a turbulent 2020.
To create a more efficient cleanout operation—not eliminate cleanouts altogether—a dissolvable plug must be economical.
Ashtead Technology has appointed Ingrid Stewart as CFO and selected five managers for newly created roles across its international team, the company said on Jan. 5.
Tendeka specialists discuss how partnerships can hasten production and forge a cleaner, greener path as the energy transition and economic pressures put the debate of well intervention versus new completions center stage.