When it reviewed the U.S. Energy Information Administration’s annual Short-Term Energy Outlook, the Texas Independent Producers & Royalty Owners Association found ample support for calls to expand the United States natural gas pipeline infrastructure.
Moving files to the cloud has many benefits, but one of the biggest draws is increased resilience. With a modern backup system, companies can significantly reduce the downtime associated with cyberattacks and natural disasters.
As long as the world’s population continues to rise, so too will the demand for affordable and reliable energy. The industry can meet that demand, yet with capital availability below companies’ investment needs, U.S. field activity levels will climb gradually in a tight market environment.
Fracture-driven interactions are almost inescapable when completing infill wells drilled as offsets to depleted primary wells. With an eye on several key variables, a Permian Basin analysis dug into the complex dynamics between primary and infill wells.
While only a very small percentage of the total number of horizontal wells completed in shale plays have been refractured, the concept of restimulating mature producing wells is not new. The first horizontal shale well refracturing projects were implemented 20 years ago, before the Eagle Ford, Wolfcamp, Marcellus or Haynesville plays were even discovered.
The combination of extended-length horizontal laterals and high-volume hydraulic fracturing has led to daily production rates that not long ago would have been unimaginable for onshore wells. Transporting proppant deep into a fracture network can spell the difference between an ordinary well and an exceptional one.