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Tag Archives: well completions

Technology: Talking machines

The shale gas industry uses several machines on a daily basis, and many of those machines are limited to the amount of time they can be used to due to the costs of replacing or fixing them if something goes wrong.  However, there may be an answer to this problem, and we have Jeremy Frank to thank for it. Frank, ...

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Encana posts surprise operating profit as costs fall

Encana Corp , Canada’s largest natural gas producer, posted a surprise quarterly operating profit as investments in technology to lower well costs and increase production begin paying off. Encana has been diversifying into oil production and has invested heavily in technology and drilling techniques, such as applying simultaneous drilling and completions operations on wells, to drive greater productivity and cost ...

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Pennsylvania well permits hit a low

According to the state Department of Environmental Protection (DEP) information, the number of unconventional well permits issued for this year’s first quarter has dropped by 30 percent; the lowest it has been over the last five years. Compared to last year, the DEP issued 863 permits just in the first three months.  This year, the number of permits given out ...

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Shale producers postpone oil well completions: Kemp

pump jack

John Kemp is a Reuters market analyst. The views expressed are his own LONDON, Feb 20 – EOG Resources became the latest major shale producer to state that it would “delay a significant number of completions” when it announced fourth-quarter results. The company plans to end 2015 with 285 wells awaiting completion services, up from 200 at the end of ...

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While the gas burns, companies explore solutions

Jennifer Hiller and John Tedesco | The San Antonio Express-News KARNES COUNTY — On a recent spring day, a crew from the Norwegian energy company Statoil arrived at a gravel pad in Karnes County where three brand new wells hissed with the sound of pressurized gas. “Hear that money?” foreman Jerry Williams joked as he parked a pickup. Hydrocarbons moved ...

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