Shale 2023 Special Report
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2023 SHALE OUTLOOK
What’s next for the industry’s evolution?
PERMIAN BASIN
The Mighty Permian Persists: By almost any measure, the Permian Basin delivers.
MARCELLUS
Marcellus Shale Gains Ground: The Marcellus Shale formation has now produced approximately 80 Tcf of natural gas to date.
HAYNESVILLE
The Haynesville Takes Shape: Although some remained skeptical of the shale’s potential, the approximately 9,000-sq-mile formation has proven itself worthy.
BARNETT SHALE
The Barnett Revitalizes: In North Texas’ Barnett Shale play, older wells are being rejuvenating and recompleted with modern fracturing technology.
EAGLE FORD
The Eagle Ford Soars: Often cast in the shadow of the mighty Permian Basin, the South Texas Eagle Ford Shale began showing signs of a resurgence in 2022.
BAKKEN EOR
Bakken EOR Trial Increased Output by 25%: Pilot project shows alternating produced gas with water/ surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
CARBON MANAGEMENT
Where Carbon Capture and Storage Fits Into the Fuel Future: Companies from Chevron Corp. to Oxy dive head-first into the carbon capture market and the potentially profitable CO2 industry.
ARGENTINA SHALE
Argentina’s Vaca Muerta Aspires to Permian 2.0: The Vaca Muerta Shale is actively engaged in largescale hydraulic fracking projects and the most likely to replicate the West Texas success story.
COMPLETIONS TECHNIQUES
Improving Completions Through Better Near-Wellbore Conditions Knowledge: Drill2Frac’s FlowFX solution helps finetune completion designs by modeling parameters such as the number of perf clusters and length of stages.
COMPLETIONS TECHNOLOGY
Autoblend, Top Fill Support Completions Operations: New electrical blender has higher up time than its traditional counterparts, while a mobile bucket elevator speeds up the sand delivery process.
WATER HANDLING
Produced Water Research Advances: The University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially make projections about the behavior of produced water.
OILFIELD SERVICES
ProPetro’s Low-Carbon Future: The oilfield service company is shifting its mindset from aggressive growth to sustainability.
Bakken EOR Trial Increased Output by 25%
Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
ProPetro’s Low-Carbon Future Still Begins and Ends in the Permian
Following some A&D in 2022, the Permian-focused oilfield service company is shifting its mindset from aggressive growth to sustainability.
Shale Forecast: 2023 Shale Outlook
What’s next for the industry’s evolution?
Solaris' Innovations Help Reduce Completions Downtime
Solaris’ new electrical blender has higher up time than its traditional counterparts, while a mobile bucket elevator speeds up the sand delivery process
State of Shale 2023, Barnett: A Star is Reborn
Led by operator BKV Corp., the Barnett is getting a makeover as older wells are recompleted using modern refracturing techniques.
State of Shale 2023, Eagle Ford: A Return to the Spotlight
South Texas’ Eagle Ford Shale began showing signs of a resurgence, particularly as it became a hotspot for M&A in 2022.
State of Shale 2023, Haynesville: A Slumbering Giant?
Despite a seemingly quiet year, the Haynesville saw a 54% increase in rig activity, reaching 72 in mid-December.
State of Shale 2023, Marcellus: Long Live the King
As geopolitical turmoil takes center stage, E&P leaders see the Marcellus at a turning point in aiding global economies reaching energy stability and recovery.
State of Shale 2023, Permian: The Juggernaut is Tested
The Permian remained the center of the oil shale universe in 2022, but operators grappled with inflation, supply chain woes and labor shortages.
Testing the Waters: New Tech Aims to Clean Oilfield's Produced H2O
From nanoparticles to air bubbles, the University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially find a home for water produced during oil production.