Unconventional oil

Newsom Administration Issues Six More Fracking Permits To Aera Energy Consumer Watchdog Says

Monday, October 19, 2020 - 7:44pm

The number of fracking permits issued this yeardespite a nine-month moratorium imposed by Newsom that ended last Aprilnow comes to 54 issued to Aera and Chevron.

Key Points: 
  • The number of fracking permits issued this yeardespite a nine-month moratorium imposed by Newsom that ended last Aprilnow comes to 54 issued to Aera and Chevron.
  • Newsom says he wants to ban fracking, but, contrary to the findings of public interest lawyers, claims the legislature needs to act to end fracking.
  • However, Consumer Watchdog points to the Governor's power to demand more bonding from oil companies to plug and clean up their wells as condition of receiving permits.
  • During his first year in office, Newsom issued roughly 220 fracking permits, according to his administration, though he had said he wanted to ban fracking during his election campaign.

High-Pressure Oil and Gas Separator Market | Rise in Global Oil and Gas Consumption to Positively Influence Growth | Technavio

Saturday, October 17, 2020 - 3:45am

The rise in global oil and gas consumption is a significant trend that will further stimulate market growth.

Key Points: 
  • The rise in global oil and gas consumption is a significant trend that will further stimulate market growth.
  • View the full release here: https://www.businesswire.com/news/home/20201016005490/en/
    Technavio has announced its latest market research report titled Global High-Pressure Oil and Gas Separator Market 2020-2024 (Graphic: Business Wire)
    To learn more about the global trends impacting the future of market research, download a free sample now
    Technavio categorizes the global high-pressure oil and gas separator (HPOGS) market as a part of the global oilfield equipment and services within the global oil and gas market.
  • High-Pressure Oil and Gas Separator Market: Growth Drivers
    The market is driven by the rise in unconventional oil and gas resources.
  • High-Pressure Oil and Gas Separator Market: Vendor Landscape
    This report provides information on revenue, organizational developments, and key go-to-market strategies of several leading high-pressure oil and gas separator companies, including:

Centennial Resource Development Announces Reaffirmation of Borrowing Base and Improvement to Liquidity Position

Tuesday, October 13, 2020 - 9:39pm

As a result, given a reduction in revolver borrowings and outstanding letters of credit, Centennials liquidity position has improved since June 30, 2020.

Key Points: 
  • As a result, given a reduction in revolver borrowings and outstanding letters of credit, Centennials liquidity position has improved since June 30, 2020.
  • As a result, the Companys liquidity increased by approximately $17 million, or 6%, compared to the prior quarter.
  • Centennial appreciates the ongoing support from its lenders with the reaffirmation of the borrowing base.
  • Centennial Resource Development, Inc. is an independent oil and natural gas company focused on the development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin.

Global Unconventional Gas Market (2020 to 2025) - Growth, Trends, and Forecasts - ResearchAndMarkets.com

Monday, October 12, 2020 - 3:56pm

Natural gas prices are down in some regions, and fluctuate repeatedly, and the unconventional gas prices could drop even farther.

Key Points: 
  • Natural gas prices are down in some regions, and fluctuate repeatedly, and the unconventional gas prices could drop even farther.
  • Unconventional sources of gas have gained much attention of late due to their significant contribution to gas production in the U.S.
  • Recently, Argentina, Australia, Poland, china is either planning to explore and produce unconventional gas, or they are already in the business of unconventional gas.
  • But with conventional natural gas sources in decline, Canada's industry is turning to unconventional sources, including shale gas.

Generator Rental Market for Oil and Gas Industry: COVID-19 Business Continuity Plan | Evolving Opportunities with Aggreko Plc and APR Energy | Technavio

Tuesday, October 6, 2020 - 10:30pm

The global generator rental market for oil and gas industry is expected to grow by USD 153.87 million as per Technavio.

Key Points: 
  • The global generator rental market for oil and gas industry is expected to grow by USD 153.87 million as per Technavio.
  • https://www.technavio.com/report/generator-rental-market-for-oil-and-gas...
    The generator rental market for oil and gas industry is driven by the need for consistent power.
  • In addition, the increasing focus on unconventional oil and gas E&P activities is anticipated to boost the growth of the generator rental market for oil and gas industry.
  • Generator Rental Market for Oil and Gas Industry Product Outlook (Revenue, USD Million, 2020-2024)
    Generator Rental Market for Oil and Gas Industry Geography Outlook (Revenue, USD Million, 2020-2024)

Insights on the Fracking Water Treatment Global Market to 2025 - High Demand from Treatment & Recycle Segments

Friday, September 25, 2020 - 12:45pm

DUBLIN, Sept. 25, 2020 /PRNewswire/ -- The "Fracking Water Treatment Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 25, 2020 /PRNewswire/ -- The "Fracking Water Treatment Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • The market for fracking water treatment is expected to grow at a CAGR of over 3% during the forecast period.
  • Treatment & Recycle Segment is anticipated to dominate the global fracking water treatment market owing to the various stringent regulations pertaining to the oil and gas industry.
  • The treatment & recycle section is represented as a critical offer lately with expanding interest for water treatment and rising demand for water because of water shortage comprehensively.

The KOMAX Tailings Solvent Recovery Heater is Revolutionizing the Oil Sand Separation Process

Wednesday, September 23, 2020 - 1:43pm

The oil sands are a mixture of sand, water, clay, and a type of oil called bitumen.

Key Points: 
  • The oil sands are a mixture of sand, water, clay, and a type of oil called bitumen.
  • Thanks to innovation and technology, we can recover oil from the oil sands, providing energy security for the future.
  • The Komax severe duty steam heater has proven itself to be the best way to optimize the Oil Sands separation process.
  • The high thermal efficiency and instant controllability of direct steam injection means oil sands processors can optimize the separation process.

Fracking Water Treatment Market and Competitive Landscape & Pandemic Recovery Analysis 2020 - Technavio

Friday, September 18, 2020 - 1:00am

The research is classified into seven sections fracking water treatment market landscape, market sizing, five force analysis, customer landscape, geographic landscape, drivers, challenges, and trends, and vendor landscape and analysis.

Key Points: 
  • The research is classified into seven sections fracking water treatment market landscape, market sizing, five force analysis, customer landscape, geographic landscape, drivers, challenges, and trends, and vendor landscape and analysis.
  • Fracking Water Treatment Region Growth: Find out the highest and slowest growth of regions for the fracking water treatment market.
  • Fracking Water Treatment Market Valuations: Find out the global market size for fracking water treatment in 2019 and how the market will advance from 2020 to 2024.
  • Fracking Water Treatment Market Share: Find out the global market shares for key fracking water treatment applications.

North America Fracking Chemicals Market to 2025 with Halliburton, BASF, Dow Chemical, CES Energy Solutions, and Solvay Dominating - ResearchAndMarkets.com

Thursday, September 17, 2020 - 10:12am

The "North America Fracking Chemicals Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Fracking Chemicals Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • However, volatile crude oil prices and the environmental risks associated with hydraulic fracturing are restraining the hydraulic fracturing services market and, in turn, the fracking chemicals market in North America.
  • Alternative fracking techniques, like waterless fracking, are expected to create ample opportunities in the market studied.
  • Some of the key players are Halliburton Company, BASF SE, The Dow Chemical Company, CES Energy Solutions Corp, and Solvay SA.

Permits To Drill New Oil And Gas Wells Zoom Up 190% In The First Six Months Of 2020 Under Gov. Newsom In Worrisome Trend, Consumer Watchdog and FracTracker Alliance Report

Wednesday, September 2, 2020 - 6:22pm

Newsom also shattered records for dispensing new oiland gas productionwell drilling permits, Consumer Watchdog and FracTracker Alliance said today.

Key Points: 
  • Newsom also shattered records for dispensing new oiland gas productionwell drilling permits, Consumer Watchdog and FracTracker Alliance said today.
  • In addition, after a nine-month moratorium on fracking that began in July 2019, CalGEM issued48 new fracking permits to Aera and Chevron between April and July 2020.
  • During his first year in office, Newsom issued 211 fracking permits.
  • This is likely a result of Governor Newsom's ongoing moratorium onhigh pressure steaminjection due to resulting oil spills and groundwater contamination, said Tucker.