Unconventional oil

Perforating Gun Market by Gun Type, Well Type, Application, Pressure, Depth, Type, Orientation, Explosives and Region - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 22, 2022

The perforating gun market, by gun type, is segmented into through tubing hollow carrier gun system, wireline conveyed casing gun system, through tubing exposed gun system and tubing conveyed perforation system.

Key Points: 
  • The perforating gun market, by gun type, is segmented into through tubing hollow carrier gun system, wireline conveyed casing gun system, through tubing exposed gun system and tubing conveyed perforation system.
  • The onshore application segment holds the largest share in the perforating gun market, followed by offshore.
  • Onshore exploration and re-exploration activities is expected to fuel the growth of onshore perforating gun market during the forecast period.
  • The North America region is estimated to be the largest market for the perforating gun market, followed by Asia Pacific.

$ 1.12 Billion Growth In Fracking Water Treatment Market| Increasing Consumption Of Oil And Natural Gas To Drive Market|Technavio

Retrieved on: 
Tuesday, August 3, 2021

Technavio's latest market research report estimates that the fracking water treatment market will be progressing at a CAGR of almost 4%.

Key Points: 
  • Technavio's latest market research report estimates that the fracking water treatment market will be progressing at a CAGR of almost 4%.
  • The fracking water treatment market is concentrated, and the degree of concentration will accelerate during the forecast period.
  • Factors such as the increasing consumption of oil and natural gas, the growth in E&P activities of unconventional oil and gas sources, and the stringent regulatory policies will offer immense growth opportunities.
  • Fracking Water Treatment Market 2021-2025: Segmentation
    Fracking Water Treatment Market is segmented as below:

Seneca Resources Company and U.S. Well Services Announce All-Electric Well Completion Field Trial

Retrieved on: 
Thursday, July 29, 2021

Results from the field trial are expected to be incorporated into Senecas ongoing, first-of-its-kind study of available low-carbon well-completion equipment, analyzing the emissions data from real-time well stimulation operations.

Key Points: 
  • Results from the field trial are expected to be incorporated into Senecas ongoing, first-of-its-kind study of available low-carbon well-completion equipment, analyzing the emissions data from real-time well stimulation operations.
  • Our field trial with USWS is another step in this direction, allowing Seneca to evaluate the potential environmental benefits of this well completions solution in our ongoing operations.
  • Seneca Resources Company, LLC is the exploration and production segment of National Fuel Gas Company.
  • U.S. Well Services, Inc. is a leading provider of hydraulic fracturing services and a market leader in electric fracture stimulation.

Nanometrics Inc. Continues to Gain Momentum as a Microseismic Monitoring Services Provider in Oil & Gas

Retrieved on: 
Monday, July 26, 2021

To date, microseismic data from hydraulic frac'ing have provided Oil and Gas operators a feedback response from a series of small events detected during completions.

Key Points: 
  • To date, microseismic data from hydraulic frac'ing have provided Oil and Gas operators a feedback response from a series of small events detected during completions.
  • Nanometrics offers Oil and Gas operators innovative, turnkey high-resolution microseismic monitoring to characterize fracture activities and propagation during hydraulic fracturing (HF) operations.
  • Nanometrics is focused on helping our Oil and Gas clients to reduce their risk and operating costs via innovative seismic monitoring solutions. "
  • Dario Baturan, Vice President, Seismic Monitoring Services, Nanometrics Inc.
    Nanometrics offers a range of seismic monitoring service packages for a variety of industries including Oil and Gas, Mining, Critical Infrastructure.

SwRI Develops Economic, Novel Technique Supporting Pipeline Transport of Heavy Crude Oils

Retrieved on: 
Wednesday, July 14, 2021

The new process reduces the viscosity of heavy crude oil by more than 60%, allowing it to flow more easily through existing pipeline networks.

Key Points: 
  • The new process reduces the viscosity of heavy crude oil by more than 60%, allowing it to flow more easily through existing pipeline networks.
  • The new process allows for transport of the treated heavy crude oil over great distances without heating the pipeline and without adding large amounts of chemical or diluent.
  • Of the more than 80 million barrels per day of crude oil produced globally, about 11 million barrels are classified as heavy crude oils.
  • SwRI is also investigating whether, with further research and optimization, EZ Flow could be used to upgrade, or chemically treat, heavy crude oil.

Global Chemical Enhanced Oil Recovery (EOR / IOR) Market to Reach $1 Billion by 2026

Retrieved on: 
Tuesday, July 13, 2021

Preview Registry

Key Points: 
  • Preview Registry
    With large quantities of oil deposits remaining un-extracted through the use of conventional oil recovery approaches, chemical enhanced oil recovery (EOR) has emerged as an efficient technique to recover residual oil and bypassed oil in the reservoir.
  • Enhanced Oil Recovery (EOR), also known as improved oil recovery or tertiary recovery, refers to the process in which crude oil is extracted from an oil field where extraction is no longer possible using conventional methods.
  • Enhanced oil recovery (EOR/IOR) is a technique for increasing the amount of crude oil that can be extracted from an oil field.
  • Global Chemical Enhanced Oil Recovery (EOR / IOR) market is projected to register moderate growth over the near-to-long term.

Consumer Watchdog Applauds Oil Regulator's Denial Of Aera Fracking Permits

Retrieved on: 
Friday, July 9, 2021

LOS ANGELES, July 9, 2021 /PRNewswire/ --The denial by the California Geologic Energy Management Division of 21 Aera Energy fracking permits is a win for public health and the environment, Consumer Watchdog said today.

Key Points: 
  • LOS ANGELES, July 9, 2021 /PRNewswire/ --The denial by the California Geologic Energy Management Division of 21 Aera Energy fracking permits is a win for public health and the environment, Consumer Watchdog said today.
  • "We applaud the Newsom Administration for finally using its discretion to deny Area destructive and dangerous fracking permits," consumer advocate Liza Tucker said today.
  • In 2020, CalGEM issued 83 fracking permits after an independent review by the Lawrence Livermore National Laboratory, but also denied 57 permit applications.
  • "Denying fracking permits is one step in phasing out oil and gas drilling in California," Tucker said.

Reveal Energy Services Signs Agreement to Commercialize Hydraulic Fracture Pressure Diagnostics

Retrieved on: 
Tuesday, July 6, 2021

Reveal Energy Services will integrate this novel technology for mapping hydraulic fractures and real-time fracture monitoring into its IMAGE Frac service.

Key Points: 
  • Reveal Energy Services will integrate this novel technology for mapping hydraulic fractures and real-time fracture monitoring into its IMAGE Frac service.
  • "We are delighted that ConocoPhillips has chosen to collaborate with us," said Sudhendu Kashikar, CEO, Reveal Energy Services.
  • "This agreement propels Reveal Energy Services into a strong leadership position in hydraulic fracturing diagnostics using low-cost pressure data.
  • Reveal Energy Services is leading a fracture diagnostics culture change to continuous monitoring with continual innovation in software and services.

Surge Energy America Announces Electric Frack Fleet Field Trial with U.S. Well Services

Retrieved on: 
Friday, June 25, 2021

HOUSTON, June 25, 2021 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge Energy" or the "Company") announces it will partner with U.S. Well Services (NASDAQ: USWS) ("USWS") on a field trial using USWS' all-electric Clean Fleet.

Key Points: 
  • HOUSTON, June 25, 2021 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge Energy" or the "Company") announces it will partner with U.S. Well Services (NASDAQ: USWS) ("USWS") on a field trial using USWS' all-electric Clean Fleet.
  • "U.S. Well Services is pleased to be partnering with Surge Energy," commented Joel Broussard, USWS' President and CEO.
  • U.S. Well Services, Inc. is a leading provider of hydraulic fracturing services and a market leader in electric fracture stimulation.
  • The Company's patented electric frac technology provides one of the first fully electric, mobile well stimulation systems powered by locally-supplied natural gas, including field gas sourced directly from the wellhead.

New CER report explores Canada's oil and gas pipeline system

Retrieved on: 
Wednesday, June 9, 2021

As one of the worlds top oil and gas producers, Canada produces for both domestic and international consumption with almost all of its natural gas and crude oil exports going to the U.S. Four CER-regulated crude oil export pipelines make up 96 per cent of all take away capacity from Western Canada: Enbridge Mainline, Keystone Pipeline, Trans Mountain Pipeline and Express Pipeline.

Key Points: 
  • As one of the worlds top oil and gas producers, Canada produces for both domestic and international consumption with almost all of its natural gas and crude oil exports going to the U.S. Four CER-regulated crude oil export pipelines make up 96 per cent of all take away capacity from Western Canada: Enbridge Mainline, Keystone Pipeline, Trans Mountain Pipeline and Express Pipeline.
  • Pipelines transport virtually all of Canadas oil and gas production and in 2020, 88 per cent of crude oil exports and 99 per cent of natural gas exports were through CER-regulated pipelines.
  • Over this same period, natural gas pipelines in Western Canada underwent a number of physical expansions to relieve regional bottlenecks.
  • These expansions have allowed Canadian crude oil production and exports to the U.S. to grow and natural gas production to remain steady.