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By Scott Squires Mexico’s government will not allow unconventional drilling in a key shale basin, as officials cautiously explore the politically sensitive practice as a way to reduce dependence on US natural gas. The ban on hydraulic fracturing — a form of unconventional drilling better known as fracking — applies to the Tampico-Misantla basin, a …
Mexico Bans Oil and Gas Fracking in Key Basin, Sheinbaum Says Read More »
Fracking, booming power demand and enthusiastic political support have underpinned the fuel’s rise, but for how long? By Julian Hast and Nathan Risser The transformation of the US and its economy over the last 250 years can be tracked through its energy use: An early dependency on burning wood gradually gave way to coal, and …
By Emma Sanchez A Tenaris frack set in the Vaca Muerta formation in Argentina, one of the world’s largest shale gas reservoirs. Source: Tenaris US fracking companies are increasingly sending their idle equipment overseas, finding new markets abroad as growth slows in the shale fields of Texas, New Mexico and elsewhere. Over the past two …
Slowing US Shale Growth Has Fracking Companies Finding New Markets Abroad Read More »
(Reuters) – HOUSTON, Nov 21 – There are 10 hydraulic fracturing crews operating in North Dakota, down from 13 in October, the state regulator said on Friday, as weak oil prices push operators to put the brakes on activity. “This is seasonal however I do believe that some of the reduction there is related to …
North Dakota Frac Crew Count Slips to 10 in October, State Regulator Says Read More »
(Reuters) – There are currently 27 active rigs in North Dakota, down from 29 in August, according to the state’s Department of Mineral Resources on Tuesday. There are currently 12 frac crews operating in the state, down from 14 in August. North Dakota is the third largest oil-producing state in the U.S. Reporting by Georgina …
Rig Count, Frac Crew Count Fall in North Dakota, State Regulator Says Read More »
Oil companies in the Permian Basin are exploring desalination to recycle fracking wastewater for agricultural use. By David Wethe In the heart of North America’s most prolific oil field, West Texas is suffering from a water imbalance: Crude producers have too much while drought-hit farmers can’t get enough. Oil wells across the Permian Basin, which …
Parched Texas Ranches Offer a Solution to Shale’s Water Woes Read More »
(Reuters) – The number of hydraulic fracturing crews and rigs operating in North Dakota was unchanged in June, even as oil prices have faced increased volatility in recent weeks, the state regulator said on Tuesday during a monthly briefing. There are currently 13 frac crews operating in the state and 32 rigs. Overall, U.S. energy …
North Dakota Drilling, Fracking Activity Steady as Prices Gyrate, State Regulator Says Read More »
Wastewater disposal in the Permian Basin is boosting pressure underground, threatening to hinder oil production By Kevin Crowley and David Wethe Produced water gushes out of the ground a geyser in Toyah, Texas, on Wednesday, Oct. 2, 2024 in Toyah, Texas. Photographer: Elizabeth Conley/Houston Chronicle/ Getty Images Texas regulators are warning that wastewater from fracking …
The Biggest US Oil Field Is at Risk of Poisonous Water Leaks, Texas Warns Read More »
*Chevron’s triple-frac cuts well completion time by 25% *Technique reduces costs per well by 12% *Triple-frac requires 60% more water and sand per day By Sheila Dang2 HOUSTON, April 9 – U.S. oil major Chevron plans to increase the use of a technique that allows it to fracture subterranean rock in three wells at a …
Chevron to ‘Triple-Frac’ Half of Permian Oil Wells in 2025 to Cut Costs, Time Read More »
Oilfield service providers will face modest hits to earnings from U.S. President Donald Trump’s decision to impose tariffs on steel imports, Liberty Energy Chief Executive Ron Gusek said on Thursday. Trump imposed 25% tariffs on steel and aluminum on March 12, and more could be coming April 2. A Dallas Federal Reserve survey on Wednesday …
Liberty Energy CEO Gusek Sees Modest Impact of Steel Tariffs on Oilfield Services Read More »
