As operators and upstream service companies grapple with unpredictable supply chains and a tight labor market, they have had to work both smarter and harder to continue powering the U.S. economy. Add in the desire to reduce environmental impacts and safety risks, and the standards they use to evaluate new ways of doing business can be quite high.
Three time-tested strategies for structuring contracts can help producers, upstream service companies and midstream firms control costs and mitigate risks during supply chain disruptions.
Alternatives to plastic packaging must overcome logistical, financial and environmental hurdles to gain market share. Efforts to recycle more plastic also face significant headwinds, but ambitious recycling goals could be achieved with the right investments.
The Natural Gas Supply Association’s Winter Outlook predicts that both natural gas demand and production will expand this winter, thanks to the recovering U.S. economy, a strong global commodity market that saw record prices in Europe and Asia during the fall, and higher wellhead prices stimulating increased domestic production.
Wireline-Deployed Acid Improves Frac Efficiency, Reduces Costs In Niobrara
December 2021 Editor's Choice
In the multiple-bench Niobrara play in the Denver-Julesburg Basin, horizontal plug-and-perf operations typically pump down the plug and guns through wireline and a pump down unit with freshwater or produced water. Once the plug has been set and the perforating guns have been discharged, wireline pulls out of the hole, the well is swapped to the frac spread and fracturing operations start pumping down the ball.
AOGR presented a series of questions to Jason Reimbold, managing director of energy investment banking at BOK Financial; Stuart Rexrode, president and managing partner at BlueRock Energy Partners; and Rene McKale, director of Energy Advisors Group.
In the fourth week of November, Primary Vision’s national tally of active hydraulic fracturing spreads had reached 274, 139 higher than the same week last year. While that ascent primarily reflects higher oil and gas prices and a stronger economy, it also is a product of the industry’s success at streamlining completions and improving well economics.