U.S. Silica Holding has been investing in this unit as it records slowing growth in its oil and gas proppant segment, with oil producers hampered by tight pipeline capacity and lower crude prices holding back on completing wells.
Colombia must implement strict monitoring of three pilot projects that will mark its first foray into “fracking”, an expert commission said on Feb. 14, before deciding whether the controversial technique for extracting oil and gas can be widely used.
Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Feb. 6, adding that rules that have constrained its testing work should be eased.
New technologies can help alleviate the challenges a changing workforce faces.
The sale of the company’s pressure pumping business to ProPetro will bring Pioneer Natural Resources’ divestiture proceeds for the year to roughly $900 million.
Companies are taking innovative approaches to traditional systems.
A new design and changes in metallurgy shift wear from expensive pump fluid ends to sacrificial consumable components.
The digital oil field is not a technology issue; it’s a business model issue.
Producers of all sizes can benefit from digitalization at the wellhead.
Shale gas developer Cuadrilla will start fracking at its Preston New Road site in northwest England in the next few weeks, it said on Sept. 19 as it announced government approval for a second well.
