TOPICS OF INTEREST
SHALE OIL
Rising US Natural Gas Prices During Pandemic Erode LNG Competitiveness
Shale-based associated gas production is behind the phenomenon. When oil prices do not support production, associated natural gas production also stops, with little to no consideration of natural gas prices.
China Planning Railway To Transport Vaca Muerta Production
PowerChina said railway plans are moving forward under Argentina’s current administration and China could provide the financing for the $1.2–1.5 billion project.
Brazilian Major Announces Mothballed Platform and Binding Phases for Offshore/Onshore Assets
The announcements are part of the company’s divestment strategy to reduce debt and improve capital.
Major North American Pipelines Projects Hit With Setbacks
US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other.
Shell Divests Appalachia Shale-Gas Assets to National Fuel Gas Co.
The sale of the Appalachia position is in line with Shell’s strategy to focus on its shales strategy.
Global Oversupply of Crude Leads to Scramble for Storage Solutions and Alternatives
No vacancy? The hunt for global alternatives to store crude oil includes offshore, global strategic reserves, pipelines, rail cars, and trucks.
UPDATE: Limited Storage Capacity and Global Supply Glut Lead to Record Low Oil Futures
Nymex WTI crude opened Monday on track for its worst day on record, falling nearly 40% to $11.05/bbl on the back of excess supply vs. low demand and dwindling storage capacity.
Offshore Industry More Resilient Than Shale Amid COVID-19 Impact
Because offshore project lead times are longer than in shale, production is likely to come on line in 2–5 years when oil prices may be higher. But the number of FPSOs to be sanctioned this year may be cut by half.
Phillips 66 Partners Takes 50% Interest in $1.6-Billion Liberty Pipeline Project
The transaction is expected to close in March. The Liberty Pipeline runs 700 miles between Cushing, Oklahoma and Guernsey, Wyoming.
Water Services Company, Texas General Land Office Expand Delaware Basin Agreement
Layne Water Midstream has amended its agreement with the Texas General Land Office to gain exclusive right for reuse and disposal of produced water in the Delaware Basin.
Department of Energy Invests $4.6 Million in Produced Water Treatment
The projects are intended to accelerate the development and commercialization of treatment technologies to reduce waste water that is being injected into disposal wells and increase water supplies for reuse.
First Permian Crude Delivered From Cactus II Pipeline
Trafigura confirmed that it had begun shipments from the Permian to Corpus Christi via the pipeline, which has a 670,000-B/D capacity. Operator Plains All American announced last week that it had completed work on the pipeline.
The Opportunity and Threat Posed by US Shale Water
The well count and completion intensity of US tight oil and gas operations have grown in recent years, and rising pressure from environmental regulations means that produced water management has become a key focus for operators.
Cheniere Makes FID on Sabine Pass Train 6, Signs Gas Deal With Apache for Corpus Christi Facility
Sabine Pass Train 6 gets the nod, Bechtel gets the go-ahead for construction. Apache Corp. signed a deal with Cheniere to supply natural gas produced from its Permian Basin Alpine High area to the Corpus Christi LNG facility
Joint Venture To Build Takeaway Capacity in the Permian
The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.
North American Shale Activity Gives Boost to OFSE Business
The oilfield services and equipment sector, while optimistic, has not yet seen the effects of the improved oil price in the recovery of its overall business.
How Water Management for Shale Oil and Gas is Evolving
An overview of some of the trends and issues related to water management for tight oil and gas are discussed, including environmental, sustainability, and legislative issues associated with water handling for hydraulic fracturing.
Newfield Exploration: Diligence Needed for STACK Water Plan
An advisor at Newfield Exploration takes a closer look at the company’s water management operations in the Oklahoma STACK, as well as the lessons learned in its development.
How Has the US Fracking Boom Affected Air Pollution in Shale Areas?
In recent years there has been a spike of research to determine what the extent of emissions are from fracked oil and gas wells. While much discussion has surrounded methane emissions, a greenhouse gas, less attention has been paid to air toxics.
Who's Minding the Methane? Federal Emissions Rules in Flux, States and Industry Take the Reins
Although a federal court temporarily thwarted EPA’s suspension of methane emissions regulations in early July, several states have formed an alliance to keep the ball rolling, and EPA’s most recent data show the industry has made significant strides in decreasing these emissions.
Bakken Sees Uptick in Hiring
A sudden surge in job openings in the Bakken, especially for hydraulic fracturing and completion crews and CDL drivers, is taking place as companies ramp up to put more wells on line in the first half of 2017.
Dakota Access Pipeline Up and Running in 2Q?
The CEO of Phillips 66 expects the DAPL to be operational in 2Q 2017.
Unconventional Resources: New Facilities Find Solutions to Limited Water Sources
Companies are deploying a variety of technologies to reduce the water needs of hydraulic fracturing. Where are these new facilities with these new technologies, and how will they help operators solve the problem of finding water to use?
Bakken Crude Rides the Rails Under Closer Scrutiny
With the Bakken production rate surpassing an average of 1 million BOPD, the issue of crude transport by rail and its regulation has moved to the forefront.
Design of Onshore Production Systems for Unconventional Resources
The application of lessons learned in projects is generally a trusted approach to tackling design challenges. However, the design of onshore production systems for unconventional resources does not allow for straightforward crossover from onshore or offshore conventional to unconventional systems.
Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment
This article explores the outlook for the global market and gives insight into technology trends and the regions that hold the biggest opportunities for water treatment.
Technology Critical To Developing Unconventional Resources
Unconventional resources are often in good supply, but difficult and expensive to develop. To develop unconventional resources, technologies like hydraulic fracturing and horizontal drilling are key, and higher oil prices will help.
Accelerated Development of Unconventional Resources Drives New Surface Facilities Trends
The rapid growth in the development of unconventional shale resources has changed business-as-usual for onshore production equipment manufacturers and suppliers.
New Options for Produced Water Treatment
A recent webinar discussed current technologies to enable reuse of produced water in gas and oil shale developments.
Shale plays: Environmental Issues Related to Surface Facilities
As the development of US shale plays expands to undeveloped or underdeveloped areas, the environmental issues related to surface facilities move to front and center. Operators, regulators, politicians, and the general public have become more aware of and concerned about environmental effects.
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