unconventional

Weatherford International plc announced today the commercial release of its SecureView® wireline cased-hole evaluation suite at the 2015 Offshore Technology Conference (“OTC”). As managing well integrity has become more critical across the industry, the ability to identify and mitigate risks is integral for all operators. The SecureView® suite provides single-trip, …

The combination of shale and dolomite in the Bakken and Three Forks formations, and the presence of vertical to sub-vertical natural fractures make open-hole multi-zone completions an effective solution in this play. Swellable packers are used for stage isolation and the cost of a failed packer is one stage of …

Gazprom Neft has completed testing of four directional wells (drilled to investigate reserves within the Bazhenov formation) at its concession within the southern area of the Priobskoye field (Khanty Mansiysk Autonomous Region). The results obtained have allowed the resolution of the key issue underpinning the first stage of this project: confirming the existence of live oil within …

Infinity system degrades completely, leaving fullbore access without the need for intervention for faster production Schlumberger announced today the release of the Infinity* dissolvable plug-and-perf system. This unique solution uses fully degradable fracture balls and fully degradable seats instead of plugs to isolate zones during well stimulation. “Operators are continuously …

A new analysis  presents the key trends that will  transform the global market over the next decade and beyond While crude oil prices are sliding, many companies and governments are cautiously investing in new as well as existing technologies to obtain oil and gas (O&G) from unconventional sources. Unconventional O&G …

As a result of the shale gas boom in North America, natural gas has become one of the most promising alternatives for constant and plentiful energy supply. As such LNG plants are among the latest efforts made by energy companies to build on this potential. This is leading to a …

The chief executive of Russia’s top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France’s Total. The United States has imposed sanctions on leading Russian energy companies including Gazprom, Rosneft and Lukoil, preventing U.S. firms from supporting …

Russia is not changing its plans for developing hard-to-extract oil despite Western sanctions, Energy Minister Alexander Novak said. “No substantial” changes are expected in Russian oil production, Novak said, citing preliminary studies on the impact of sanctions reported Upstream Online. Western sanctions over Moscow’s role in Ukraine’s crisis have limited …

Strengthened EU sanctions against Russia will enter into force upon the publication of the legal acts in the EU Official Journal on the 12/9/2014. They include the following measures: Restrictions on Russia’s access to EU capital markets have been strengthened. EU nationals and companies may no more provide loans to …

First shale-specific software to offer an end-to-end workflow from exploration to production Schlumberger announced today the release of Petrel Shale, a customized user interface and toolset engineered for exploiting shale resources. Scalable and straightforward to deploy, Petrel Shale is designed to optimize operations to increase capital efficiency. “Integration of shale …