Fracing

Wyoming Governor Matt Mead Discusses Federal Oil and Gas Regulation with Oil & Gas 360®

Wyoming Governor Matt Mead Discusses Federal Oil and Gas Regulation with Oil & Gas 360®

The battle over oil and gas regulation heats up in Wyoming – states v. feds

The Department of Interior’s Bureau of Land Management recently filed in the 10th Circuit Court of Appeals looking to end an injunction placed against …

BLM Appeals Wyoming Judge’s Injunction to Halt BLM’s New Frac Rules

BLM Appeals Wyoming Judge’s Injunction to Halt BLM’s New Frac Rules

The Department of Interior’s fracing regulations paused by Wyoming judge

A group including several states and Native American tribes filed their final briefs with a Wyoming judge today to stop new federal rules regarding hydraulic fracturing. The U.S. Department of …

The Anti-Fracing Battle Heats Up in Colorado

The Anti-Fracing Battle Heats Up in Colorado

A ballot initiative that would create 2,500 foot setbacks is approved for signature collection

Proposed ballot measure 78 was approved for signature gathering by the Colorado Secretary of State’s office Friday. The measure would create a minimum distance of 2,500 …

Wells Drilled Since 2014 Accounted for 48% of U.S. Production in 2015

Wells Drilled Since 2014 Accounted for 48% of U.S. Production in 2015

Production from new wells makes up nearly half of all production, up from 22% in 2007

Production from new wells, or those drilled since the start of 2014, made up 48% of total U.S. crude oil production in 2015. New …

Colorado Drafting Changes to Emissions Rules: April 15 Deadline for Comments

Colorado Drafting Changes to Emissions Rules: April 15 Deadline for Comments

Colorado Air Pollution Control Division is considering rule revisions for Oil & Gas operations

Colorado may face stricter air pollution control rules in the near future as the Regional Air Quality Council considers rule revisions to bring the state into …

March 22, 2016 - 4:00 pm Closing Bell Story‎, Fracing, Oil and Gas 360 Articles
It’s Official, Hydraulic Fracturing Produces More than Half of U.S. Crude Oil: EIA

It’s Official, Hydraulic Fracturing Produces More than Half of U.S. Crude Oil: EIA

Crude from tight oil now the primary source of oil from the U.S.

Hydraulically fractured wells now account for the majority of the crude oil produced in the U.S., according to the EIA. Based on the most recent data …

Is the Shale Boom Finally Taking a Breather?

Is the Shale Boom Finally Taking a Breather?

Heavy hitting U.S. shale producers lower production guidance 10% or more for ‘16

U.S. shale producers are beginning to announce production cuts as the global glut is keeping prices lower for longer. There is a marked difference as companies begin …

Seven More Anti Fracing Initiatives Struck from Colorado’s Ballot

Seven More Anti Fracing Initiatives Struck from Colorado’s Ballot

Dead initiatives focused on setbacks

Coloradans Resisting Extreme Energy Development (CREED), an anti fracing group in Colorado, has removed seven more of its proposed ballot initiatives this week, most of which focused on mandatory setbacks up to 4,000 feet. CREED

The U.K. Awards Nearly 70 Licenses to Explore Shale

The U.K. Awards Nearly 70 Licenses to Explore Shale

New laws allow for exploration and hydraulic fracturing under national parks

The United Kingdom’s Oil and Gas Authority awarded 93 new licenses to explore for oil and gas last week. Around 75% of those exploration licenses relate to shale oil …

Source: Helix Energy

Natural Gas Rig Count Reaches All-time Low, Reports Baker Hughes

20151217_NGSPThere was no change to the United States running rig count in the latest weekly report conducted by Baker Hughes, leaving the overall number at 709 with just one report remaining in fiscal 2015.

While the number did not change, …

Some Colorado Lawmakers Express Support of 2016 Agenda that would Advance Local Control Laws

From the Longmont Times-Call

Oil, gas issues expected to return in 2016 Colorado Legislature

The issue of giving cities and counties more authority to locally regulate oil and gas drilling and production may resurface in next year’s session of the

December 14, 2015 - 11:33 am Closing Bell Story‎, Fracing, Politics & Opinions, Regulatory
Proposed Colorado Oil and Gas Regulations: Concerns about Community Rules Persist at Hearing

Proposed Colorado Oil and Gas Regulations: Concerns about Community Rules Persist at Hearing

Parties spoke today at the COGCC rulemaking hearing in Denver, Colorado

A crowded room listened intently today as several parties shared their concerns with the Colorado Oil and Gas Conservation Commission (COGCC) over new rules being put in place after …

A rig site in North Dakota

Increasing Oil Production Challenges North Dakota’s Goal to Cut Flaring

Flaring volumes remain steady as production rises; flaring less than 22% of NatGas may not happen anytime soon

North Dakota has been working to lower the percentage of the natural gas flared inside the state, with a goal set to …

Hydraulic Fracturing Lowered Unemployment 0.5% During the Great Recession

Hydraulic Fracturing Lowered Unemployment 0.5% During the Great Recession

Study finds hydraulic fracturing added 725,000 jobs during the Great Recession

The energy boom brought on by hydraulic fracturing helped to soften the blow from the Great Recession, a new study conducting by the National Bureau of Economic Research found. …

Local Control: Colorado Releases Draft Regulations

Local Control: Colorado Releases Draft Regulations

New regulations aimed at mitigating effects of oil and gas near urban areas

The Colorado Oil and Gas Conservation Commission (COGCC) released the draft proposal for two new regulations after more than a year of consideration from the Colorado Oil …

A Tale of Two Politicians: Stark Differences in Energy Policy between Bush, Clinton

A Tale of Two Politicians: Stark Differences in Energy Policy between Bush, Clinton

The bloodlines of Jeb Bush and Hillary Clinton both run deep in the American political scene. Both have a history, directly and indirectly, in the Oval Office – the same office a slew of candidates are vying for in 2016.…

Increased Frac Sand Triples Output in the Eagle Ford

Increased Frac Sand Triples Output in the Eagle Ford

Producers looking to get the most out of wells are increasing volumes of frac sand

In the current price environment, companies are doing everything they can to get the most out of their wells. Falling commodity prices have made wells …

China has Reduced its Shale Drilling & Completion Costs by 23%

China has Reduced its Shale Drilling & Completion Costs by 23%

As China looks for way to meet more of its natural gas demand domestically, it has looked to improving the economics of its own shale gas development. While China is one of four countries currently producing commercial volumes of shale …

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area.

OKrigsOklahoma, on the other hand, is old school. …

Frac Water Biocide Wins Competition for Innovation

Frac Water Biocide Wins Competition for Innovation

Frac fluid biocide wins industry award

The Ben Franklin Shale Gas Innovation & Commercialization Center (SGICC) announced FyreRok Biofluids won the 3rd Annual Shale Gas Environmental, Health & Safety (EH&S) Award today. FyreRok, a Bellefonte, Pennsylvania, based company, was …

Crescent Point Sees 31% Recovery Factors: Has it Perfected the Next Big Idea in Horizontal Wells?

Crescent Point Sees 31% Recovery Factors: Has it Perfected the Next Big Idea in Horizontal Wells?

Beating the Decline Curve with Water Injections via Stage-Fractured Horizontal Wells = a Lower F&D Cost than Saudi Arabia

The shale revolution has propelled North America into a global energy powerhouse. The technology driving this transformation – hydraulic fracturing – …

September 14, 2015 - 7:08 pm Canada, Fracing, Oil and Gas 360 Articles
U.S. Congressman Ken Buck

U.S. Congressman Ken Buck talks to Oil & Gas 360®

OAG360: Are there any models for tax reform that you would like to see implemented here in the United States?

Buck: Yeah. The chainsaw in my garage is what I think would work best.

U.S. Congressman Ken Buck’s congressional district …

Proppant Update: Suppliers Roll with the Punches

Proppant Update: Suppliers Roll with the Punches

Raymond James sees a recovery in sand prices

Although Hi Crush Partners (ticker: HCLP) missed on its Q2 earnings, reporting $84 million in revenues or $0.31 per unit in earnings, Raymond James believes the company still has long-term potential following …

Will an Oil Market Balance in 2016 be Too Late for Saudi Arabia?

Will an Oil Market Balance in 2016 be Too Late for Saudi Arabia?

Wells Fargo sees market balance in 2016

A recent note from Wells Fargo Equity Research highlights the continued unresponsiveness of production in the face of low oil prices, but the analysts say they expect the market to rebalance in 2016. …

Algeria to Spend $64 Billion Upstream to Reverse Production Declines in the next Three Years

Algeria to Spend $64 Billion Upstream to Reverse Production Declines in the next Three Years

70% of Algeria’s investment program over the next three years targeted at upstream activities

Algeria’s national oil and gas company, Sonatrach, plans to spend $64 billion, or 70% of its total investment program from 2015 to 2018, in upstream activities …

Marcellus, Utica Driving 85% of Shale Gas Growth Since 2012

Marcellus, Utica Driving 85% of Shale Gas Growth Since 2012

Per well efficiencies up 2.6x in the Marcellus and 22.3x in the Utica since 2012

EIA Marcellus and Utica Natgas Growth

Increased productivity of natural gas wells in the Marcellus and Utica Shale basins is responsible for 85% of increased natural gas production in the United …

Saudi’s Largest Petrochemical Company is Investing in U.S. Shale Gas

Saudi’s Largest Petrochemical Company is Investing in U.S. Shale Gas

Saudi investment in U.S. shale continues in the down market, not interested in acquiring U.S. companies at this point

Saudi Basic Industries Corp. (ticker: TADAWUL:2010), or Sabic, plans to expand investment in U.S. shale gas projects through joint ventures, according …

July 27, 2015 - 6:47 pm Fracing, International, Oil and Gas 360 Articles, OPEC

Pa. will stop using industry-favored FracFocus database

Via EE News

Pennsylvania oil and gas officials are breaking with fellow state regulators and planning to drop the FracFocus website for reporting the chemicals used in hydraulic fracturing.

Next year, the state Department of Environmental Protection will shift to …

July 17, 2015 - 5:14 pm Energy News, Fracing
Source: TAQA

Dutch Government Bans Hydraulic Fracturing for Five Years

Exploration wells to be allowed with permission from the government

Dutch Minister of Economic Affairs Henk Kamp announced that the government will impose a ban on hydraulic fracturing until 2020. “No commercial exploration or extraction of shale gas will take …

An OAG360 Exclusive Interview with Lynn Helms, Director of North Dakota’s Dept. of Mineral Resources

An OAG360 Exclusive Interview with Lynn Helms, Director of North Dakota’s Dept. of Mineral Resources

  • 925 wells on backlog in North Dakota: 6-7 month inventory

  • North Dakota can still reach 2 MMBOPD

By increasing its oil production to record levels, North Dakota’s economy has experienced a complete turnaround in the last handful of years, and …