Industry News

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Oil and Water: Finding New Uses for Fracking Waste Water
Fracking requires a huge amount of water, a major concern in dry Western states that otherwise welcome the practice. But New Mexico thinks it can mitigate that problem by pushing oil companies to treat and recycle......
Water management options for today’s oil producers
One of the most important issues for oil producers in the unconventional energy market is future water management and disposal certainty. With news of earthquakes potentially caused by deep-well injection disposal,....
Gulf of Mexico operators returning to work after Harvey
About 9% of oil production and 13% of natural gas production remains shut-in in the Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement. From Gulf of Mexico operator reports, BSEE estimates
Wipe Out! - Investing in Pipes, Treatment and Injection Wells to Trim Produced-Water Costs
The largest single expense associated with operating wells in a number of U.S. shale plays — including the Permian — is the cost of dealing with the large volume of produced water that emerges from wells along with crude
Electric-powered Pressure Pumping Solves Regulatory, Cost Concerns
Throughout the U.S. many operators are facing significant environmental regulatory pressures such as emissions, noise and silica dust. State and federal agencies are getting stricter with non-attainment areas........
New technology reduces transportation costs of heavy oil
The Mexican Oil Institute (IMP) has developed biosurfactants that reduce oil viscosity and lower operating costs. The technology allows for operational flexibility in the transport of crude oil through ducts from......
Online maps provide Wyoming drilling information
A University of Wyoming coalition has put together online maps that provide companies with the information they need to find the best places to find oil and gas, mark all known flowing and abandoned oil and gas wells....
Shaky Oklahoma releases another plan to reduce temblors
State regulators asked oil and natural gas producers in central Oklahoma to decrease their wastewater disposal operations to try to temper the sharp increase in the number and severity of earthquakes in the energy......
Reducing Freshwater Consumption In Fracturing Operations
As the use of water in multizone fracturing operations continues to increase, water availability presents a challenge. Each operation uses as much as 19 million liters (5 million gallons) of water, depending on the well
Stacked Jackup Drilling Rig To Be Converted Into An Offshore Hotel For Oil Workers
The stacked jackup Maersk Guardian will have its drilling package stripped and residential facilities installed for a new contract. Maersk Drilling won a 5-year contract from Maersk Oil for offshore accommodation work on
China has Reduced its Shale Drilling & Completion Costs by 23%
As China looks for way to meet more of its natural gas demand domestically, it has looked to improving the economics of its own shale gas development. While China is one of four countries currently producing commercial
Oil companies in Oklahoma spending millions of dollars to reduce risk of earthquake activity
As part of the effort to understand and reduce the growing earthquake activity throughout much of the state, disposal well operators since March have spent more than $35 million to adjust their wells' depths with the aim
6 Surprising Ways Operators Are Cutting Expenses
We all know about the big cost reduction efforts underway in the industry. Headlines about lay-offs, service price deflation, and project deferrals and renegotiations are a dime a dozen. But operators are also making...
 
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