Basic Energy Lowers Fracking Services Prices
The company's fluid services business has been the most resilient. This is due to its salt water disposal well network, especially in markets like the Permian Basin.
Cotton Valley Buoys Pressure Pumping Activity In Dry Gas Basins
The Cotton Valley is the only game in town as activity dwindles in the Barnett and Fayetteville. Survey respondents pointed towards idled equipment and crews as the cause of the slowdown.
Dry Gas Basins: Contractors Scramble To Retain Crews, Find Work
No rest for weary workover contractors in the Barnett, Fayetteville and Haynesville shales. A couple contractors, who have been through several downturns, say this one is the worst they’ve seen.
Enhanced Completions Rule Dry Gas Basin Horizontal Wells
The activity increase in the Cotton Valley play, where higher bottomhole pressures are encouraging use of crosslink gels, has offset declines in the Barnett and Fayetteville shales.
Dry Gas Basins: Less Than Half Of Rigs In Use
Demand for drilling services remains flat and at extremely low levels in dry gas basins, including the Haynesville, Barnett and Fayetteville. Horizontal work in the Fayetteville fell to zero briefly in August.
Crestwood Equity Completes Merger With Crestwood Midstream
Crestwood owns and operates midstream assets serving producers across the Marcellus, Bakken, Eagle Ford, Permian Basin, Powder River Basin Niobrara, Utica, Barnett, Fayetteville and Haynesville shale plays.
Report: US Will Be Natural Gas Net Exporter By 2017
A portion of the gas exported from the U.S. will be pipelined to Mexico, but most of it will be liquefied and then loaded onto tanker ships destined for overseas markets in Europe and Asia.
US Shale A Bright Spot For BHP Billiton
The diversified mining and petroleum company attributes its big boost in liquids production to significant improvements in drilling and completions efficiency in the Eagle Ford Shale and Permian Basin.
Frack Water Use Varies From Sips To Gulps, Study Says
Researchers find that water volumes for fracking within watersheds across the U.S. range from as little as 2,600 gallons to as much as 9.7 million gallons per well.
Southwestern Energy Details 1Q 2015 Operating Results
Operating results were detailed for the quarter, which ended March 31. About $496 million was divided between Appalachia, the Fayetteville Shale, Ark-La-Tex, new ventures and E&P services.