Kuwait Oil Company (KOC) and Baker Hughes outline how they customized a new high-performance water based mud to drill complicated shale formations with major environmental gains
shale
Posted inDRILLING & PRODUCTION
How banning new federal leases changes the US upstream landscape
In the case the ban lasts for only one presidential term, the above effect would be 175,000 bpd by 2030
Posted inDRILLING & PRODUCTION
ADNOC eyes US partnerships for UAE unconventional oil
Jaber has been vocal about ADNOC Group’s new approach to partnerships
Posted inDRILLING & PRODUCTION
The share of gas flared in the Permian has fallen to its lowest level of the shale era
The basin’s wellhead flaring intensity declined to 1.6%, down from 1.7% in the third quarter of 2020
Posted inDRILLING & PRODUCTION
OPEC+ protectionism is helping the US shale industry find 32% more CFO to boost spending in 2021
The positive effect on oil prices is set to create a chain reaction in the US
Posted inDRILLING & PRODUCTION
Bankruptcy-hit US operators set to lose a quarter of oil production in 2021, offsetting nationwide growth
Across the US onshore industry, about 800,000 bpd of production is operated by E&Ps that have filed for bankruptcy protection in 2019-2020
Posted inDRILLING & PRODUCTION
Global shale industry on a recovery path after 8.1% production decline in 2020, says GlobalData
Unless an effective vaccine is made available, the uncertainty in global energy demand will continue to weigh down oil prices, and delay shale industry recovery
Posted inDRILLING & PRODUCTION
Heavily indebted US upstream sector on track for record Chapter 11 filings
More than 70 US oil and gas operators are expected to be in trouble to meet interest payments
Posted inDRILLING & PRODUCTION
Video: How does shale fit into America’s environmentalism?
The oil industry describes shale revolution as a bridge to renewables, but fracking has negative environmental effects.
Posted inDRILLING & PRODUCTION
US shale supply badly hit by price war and forced to become more resilient, says GlobalData
Adrian Lara, oil and gas analyst at GlobalData, a leading data and analytics company, offers his view