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WHAT'S IN THE NEWSLETTER
US Onshore Contraction Results in Layoffs at Occidental and Apache
Layoffs have begun at Occidental Petroleum, which needs to slack costs after buying Anadarko, as well as Apache.
Questions Over Permeability Prompt Producer-Led Group To Rebuild Key Fracture Diagnostic
For the past 20 years, the diagnostic fracture injection test has been used across the frontlines of the shale revolution to paint a picture of what cannot be seen. However, that picture has not always been so clear in the eyes of subsurface engineers.
Fracturing Creates Hundreds of Fractures—Only a Few Matter
ConocoPhillips’ one-of-a-kind test site in the Eagle Ford studied core, image logs, proppant tracer, distributed temperature sensing, distributed acoustic sensing, and pressure, which shows that not all hydraulic fractures are created equal.
ConocoPhillips Leaning on Conventionals Near-Term, Unconventionals Long-Term
Most of ConocoPhillips’ oil and gas production by the end of the next decade will come from its unconventional operations. But, for the near-term, the Houston independent will rely on conventional assets as it seeks to keep spending in check, decline rates low, and cash flow on the rise.
UT Study: Permian Seismic Activity Up Dramatically
New research links a rise in seismic activity in West Texas with increased oil and gas development over the past 20 years and, in particular, the past decade.
OPEC Expects To Shrink Supplies Until US Shale Peaks
The 2019 World Oil Outlook projects tight-oil supplies to rise to at least 75% of total US production before retreating.
Led By the Permian, US Flaring and Associated Gas Production Hit New Highs
The volume of flared gas in the US unconventional sector is now 12% of the country’s total gas production. A pair of new reports say that Permian Basin operators account for much of the growth.
Britain Imposes Moratorium on Hydraulic Fracturing
The decision comes 2 months after UK shale operator Cuadrilla Resources halted stimulation work at its Preston New Road site in Lancashire because of a magnitude 2.9 seismic event.
Flowing Shale Wells Sooner Would Add Billions to Sector Cash Flow
The time it takes for a shale producer to drill a well has been a major focus for the past decade. A new report says the industry should place equal weight on how long it takes a well to actually deliver first oil.
Shale Producers Adopt Geochemistry Fingerprinting to Quantify Cross-Well Production
Knowing which horizon crude oil flows from and in what proportions has been a major challenge for shale producers. Increasingly, they are turning to new technology to find the answer.
About JPT Unconventional Insights
JPT Unconventional Insights is a free monthly newsletter from the Society of Petroleum Engineers (SPE) delivering the latest upstream developments in unconventional oil and gas to your inbox. It spotlights new hydraulic fracturing technology applications, news on shale plays, and innovative new techniques for shale oil and gas recovery.Signing up for the newsletter will keep you up-to-date with exploration and production advances. What are you waiting for? Sign up to start receiving the newsletter.
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