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Energy Information Administration (EIA) estimates that the average number of wells completed simultaneously (simul-frac’d) at the same location in the Lower 48 states has more than doubled, increasing from 1.5 By completing (fracking) multiple wells at once rather than sequentially, operators. wells in June 2024.
(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.
COG Operating LLC , was faced with the issue of who owns the water produced by a hydraulicfracturing operation: the oil and gas company operating the well or the surface owner and the company the surface owner leased its water rights to?
The increasing number of simultaneous completions reflects significant technological advances in hydraulicfracturing operations, particularly in equipment capabilities and operational strategies.
Dicharry On July 20, 2013, the Louisiana Department of Natural Resources amended its reporting and disclosure requirements for hydraulicfracturing stimulation operations. By Sarah Y. 1824 (July 20, 2013). Before the amendment, the regulation did not specify a reporting deadline.
For at least a decade, MDN has brought you stories about refracs, also called re-entries and re-completions, where a driller re-enters an existing and declining well to access more rock and pump new life out of it (see our refrac stories here). Last July, we brought you an article about refracs, detailing the two main.
In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulicfracturing. [1] Southwestern operated several wells on the leased tract, several of which were hydraulicallyfractured.
The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling.
the worlds largest provider of hydraulicfracturing services, fell sharply after warning investors that tariffs will impact a wide swath of the companys business units. (World Oil) – Halliburton Co., The rest of the tariffs impact will be to its drilling and evaluation segment. at 11:54 a.m. in New York.
CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (Athabasca or the Company) is pleased to report its first quarter results highlighted by strong operational execution driving robust return of capital with the full completion of its second annual share buyback program.
By Stephen Wiegand On April 17, 2012, the United States Environmental Protection Agency (EPA) finalized New Source Performance Standards (NSPS) and National Emission Standards for Hazardous Air Pollutants (NESHAP) for natural gas wells that are hydraulicallyfractured.
8Sigmas voodoo dissolvable frac plugs recently completed a successful field trial for an operator working in the challenging conditions of the North Montney formation. Developed and engineered in Canada, 8Sigmas innovative plugs feature a unique design that offers highly effective isolation in fracturing operations.
Drilling is expected to be completed by early June, with hydraulicfracturing commencing shortly after. The Rusch Pad development will consist of eleven two-mile lateral wells, alternating between the Niobrara A, B, and C Chalks and the Codell Sandstone. Initial production is anticipated in early August.
“The decision to perform a novel perforation and acidisation completion has been very much vindicated, and the potential for further optimisation of the project is exciting. The internal technical evaluation of this well is now largely complete, prior to further review by a third party. Net Recoverable Condensate (MMBC) 2.7
In particular, statements, express or implied, concerning (i) EOGs future financial or operating results and returns, (ii) EOGs ability to replace or increase reserves, increase production, generate returns and rates of return, replace or increase drilling locations, reduce or otherwise control drilling, completion and operating costs and capital expenditures, (..)
NASDAQ: FANG) (Diamondback or the Company) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (Double Eagle). MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc.
Factors that could cause actual results or events to differ materially from what is presented include, but are not limited to, the following: effects of volatile commodity prices, including prolonged periods of low commodity prices, which may adversely impact our operating results and our ability to execute on our strategy and could result in recognition (..)
Energy Information Administration said on Wednesday that it estimates that the average number of oil wells completed simultaneously within 50 feet of each other in the Lower 48 states has more than doubled over the past decade.
The new Subpart OOOO would include operational standards for completions of hydraulically-fractured gas wells. Non-exploratory and non-delineation wells would need to use reduced emission completion, commonly referred to as “green completion,” while exploratory and delineation wells would be allowed to use pit flaring.
This means going beyond the traditional hydraulicfracturing modelleveraging digital technologies, advanced well monitoring, simulation tools , and potentially new drilling or completion designs to extract more oil from the same rock.
In these transactions, the Drilling Party pays for or “carries” all or a substantial portion of the Lease Party’s share of the costs of drilling and completing one or more wells on the leases (“Earning Wells”). Many carry provisions end when the Earning Well is completed as a well is capable of producing hydrocarbons.
Minister of Petroleum and Mineral Resources Karim Badawi affirmed that the Western Desert region still possesses significant potential that can be exploited through innovative drilling methods such as horizontal drilling and hydraulicfracturing, working to increase oil and gas production.
According to the complaint, the harm allegedly includes the “potential carcinogenic effects of hydraulicfracturing flowback water” and the “increasing earthquakes” allegedly linked to injection wells used for oil and gas wastewater disposal.
A Lot of Help from My Friends At this point the big question revolves around how a completely solo welder becomes a significant entrepreneur and manages a rapidly growing business. Hydraulicfracturing is a service that is also under consideration. Trucking is just starting to gain traction this year.
We thrive in environments that we completely understand and are familiar with. Hydraulicfracturing gets touted as revolutionary, but those of us that have been around for a while know that it’s hardly new. When we master our surroundings, we can harness the forces of nature that we can then engineer to our will.
onshore operations and decreased completion tool sales in the Gulf of Mexico. However, North America revenue in the first quarter of 2025 fell by 12% from a year earlier to $2.2 Halliburton said the decline was primarily driven by lower stimulation activity in U.S. benchmark oil prices fell into the low $60s per barrel.
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