Diverse Strategies Characterize Companies Focusing On Williston Basin
April 2024 Cover Story
Like North Dakota’s legendary weather, the Bakken/Three Forks is a challenging environment by any measure. But while the geology is complex and the operating challenges can be tough to deal with at times, the Williston Basin holds substantial incentive in the form of premium light, sweet crude oil reserves.
Robust BHAs And Better Bits Drill Faster And Farther
April 2024 Editor's Choice
U.S. oil production continues to set records with fewer rigs as rates of penetration increase, nonproductive time falls and laterals reach as far as four miles. Whether these gains originate from novel ideas or gradual refinements to proven concepts, they are delivering step changes in performance.
Federal Frustrations Don’t Foil Texas
April 2024 Markets & Analytics
In the face of market swings, challenging federal policies and political posturing, Texas oil and gas producers prefer to look on the bright side: The industry is pumping billions into the Lone Star State’s economy, creating jobs and meeting rising global hydrocarbon demand as naysayers tout what some analysts insist is a fictious “energy transition.”
Digital Insights Boost Consistency Of Completion Operations
April 2024 Frac Facts
Like drilling crews, completion teams are getting faster and smarter. By leveraging digital technologies to scrutinize every step of the process, from completion design to proppant delivery, pump maintenance and wireline procedures, they are slashing nonproductive time and putting more proppant down hole.
EIA Nudges Crude Price Predictions Upward
EIA STEO
Amid global uncertainty and ongoing discipline from OPEC-plus, the U.S. Energy Information Administration is adjusting its short-term oil price expectations.
LNG Exports Have Negligible Effect on Consumers’ Prices
LNG’s Domestic Effects
Given the oil and gas industry’s track record of increasing natural gas production to meet new demand, natural gas consumers need not worry that LNG exports will increase their costs. In fact, prices have fallen significantly since LNG exports began.
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