June 2013 Exclusive Story
Policies Taking Shape For Natural Gas-Fueled Ships
The vast majority of the wells being drilled for both oil and gas production in unconventional plays are horizontal. At some point, most of these wells will require artificial lift to produce the liquid hydrocarbons and/or dewater the gas wells, but artificial lift in horizontal wells is still an evolving science. It can be particularly challenging in shale assets, where wells are often deep with long horizontal sections.
The U.S. industry’s quest for liquids-rich plays is leading operators to double-down on the prolific Permian Basin, the long-standing cornerstone of domestic oil supply. And with an abundance of conventional and unconventional plays to choose from, the question for operators in the Permian these days is which formations to target to get the highest rate of return.

Those of us who grew up with Lionel trains imagined our powerful, steaming black engines transporting people, lumber, coal and other cargo–but probably not propant sand.


Source: NYMEX
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