HOUSTON–Frac designs have evolved significantly over the past decade, with “high-intensity” completions engineered to increase productivity. More proppant and fluid, tighter cluster spacing, and longer lateral lengths are some of the main drivers that enhance production performance. This evolution of frac design has led to the conclusion that many older wells may have been understimulated.
ATLANTA–Oil and gas companies often rely on workers contracted or employed by third-party invoicing, staffing and/or marketing companies. Due to the increase in the number of class and collective action overtime lawsuits filed across the country, including in Texas, and what appears to be a new strategy by plaintiff’s lawyers to lump in oil and gas companies as a potential employer, the energy industry should take extra precautions to protect itself against this frivolous litigation.
WASHINGTON–The U.S. natural gas market has experienced remarkable change during the past decade, yet gas supply has demonstrated equally remarkable resiliency and reliability–even during the ongoing COVID-19 pandemic, which has caused significant disruption to domestic and international energy markets.
DENVER–As if the cyclical nature of the oil and gas industry were not challenging enough, the COVID-19 pandemic disruption added an extra layer of complexity to an extraordinarily tough environment in 2020. Yet, through it all, producers have continued to demonstrate that they can efficiently deliver affordable oil and natural gas supplies from onshore horizontal resource plays.
DALLAS–Automation has proven a powerful enabling technology in numerous operational workflows in unconventional resource plays, particularly in managing producing wells and pads. The benefits of automation are now being extended to plug-and-perf completion processes to maximize pressure pumping efficiency, improve pad site safety and ESG performance, and reduce cost per completed foot of lateral.
Multiple Market Factors Creating Challenges In Oil And Gas Insurance
December 2020 Markets & Analytics
Editor’s Note: From the emergence of a global pandemic last spring to wildfires and tornadoes in the summer and hurricanes in the fall, the events of 2020 underscore the fundamental importance of having a properly designed insurance program in place to safeguard against the unpredictable.