Fracing

Sen. Bernie Sanders, seen in May 2019, has one of the most ambitious climate change plans among 2020 Democratic presidential contenders, but his opponents say it’s unrealistic. Alex Wong/Getty Images

5 things to know about Bernie Sanders’s aggressive climate strategy

Vox 


Sen. Bernie Sanders is now the frontrunner for the Democratic nomination in the 2020 presidential election, according to recent nationwide polls.

Since climate change is likely to come up at Wednesday night’s debate in Nevada (where he also

Global Fracking Water Treatment Market 2020-2024 | Evolving Opportunities with Aquatech International LLC and DuPont de Nemours Inc. | Technavio

The fracking water treatment market is poised to grow by USD 1.67 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period.

February 20, 2020 - 7:00 pm Fracing, Press Releases
Falcon Oil & Gas Ltd. – Successful Drilling of Kyalla 117 N2-1H ST2 Horizontal Well

Falcon Oil & Gas Ltd. – Successful Drilling of Kyalla 117 N2-1H ST2 Horizontal Well

20 February 2020 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that drilling operations, including casing and cementing, on the Kyalla 117 N2-1H ST2 well have been successfully completed.

Source: Houston Chronicle

BJ Services develops natural gas-fired turbine for frac crews

Houston Chronicle


Tomball oilfield service company BJ Services has developed a new turbine that can use natural gas from a drilling site to provide power to hydraulic fracturing crews.

BJ Services said Tuesday that its natural gas-fired Titan turbine is …

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production


From a valuation perspective, a fraccing ban would theoretically affect the full acreage potential and hence negatively impact the total portfolio value for some E&Ps. Rystad Energy research indicates that as much as US$36.5 billion in upstream asset
GREG NASH

Sanders introduces bill to ban fracking

The Hill



Sen. Bernie Sanders (I-Vt.) this week introduced a bill that aims to ban hydraulic fracking.

The bill was introduced on Tuesday and is titled “a bill to ban the practice of hydraulic fracturing, and for other purposes,” according …

Source: Houston Chronicle

Houston area company lands two-year ‘electric fracking’ deal

Houston Chronicle


A company headquartered in The Woodlands has landed a two-year contract to provide electric fracking services that will replace diesel-powered generators with natural gas produced on site.

In a Monday morning statement, Evolution Well Services announced the a …

Evolution Well Services Announces 24-Month Agreement for 100% Electric Fracturing Fleet

Evolution Well Services Announces 24-Month Agreement for 100% Electric Fracturing Fleet

Evolution Well Services Announces 24-Month Agreement for 100% Electric Fracturing Fleet

January 20, 2020 - 8:15 am Crude Oil News, Fracing, Press Releases
Source: Houston Chronicle

Gasoline price fears stoked by Iran may still roil election

Houston Chronicle


Donald Trump’s decision to authorize the killing of an Iranian general and reignite Middle East tensions briefly roiled energy markets and underscored a U.S. political reality: Higher gasoline prices can tip elections.

The president, who is counting on …

January 10, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, Fracing
Torchlight Provides Update on Fracture Stimulation Results on the A35 #1H Well

Torchlight Provides Update on Fracture Stimulation Results on the A35 #1H Well

Torchlight Provides Update on Fracture Stimulation Results on the A35 #1H Well

January 8, 2020 - 8:00 am Fracing, Press Releases
1. Andrés Manuel López Obrador, who took over as Mexico’s president late in 2018, immediately made moves to roll back energy reforms instituted under the previous administration of Enrique Peña-Nieto. Among his actions was to give more influence to state-owned companies in the country’s energy strategy. Source: Office of the President / Government of Mexico

Obrador Administration rolling back energy reform in Mexico –

Power


Oil and Gas 360 Publisher’s note: Mexico’s importing of U.S. natural gas is going to grow exponentially as the pipelines from the United States come on line in the near future. The bottom line: The current administration wants to …

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs – This is a sign of tough times for Oil Field Service companies.

Freightwaves


Flatbed truckload operators have been unprofitable for most of 2019

Oil & Gas 360 Publishers Note: We have been watching the Oil Field Service (OFS) take serious losses due to the investor demand for short-term returns. Investors are …

Drilling and natural fracking wells in the Haynesville shale in East Texas lead by Exxon Mobil’s shale arm XTO Energy

Drilling Down: Top Texas drillers of 2019

Chron


A huge push in West Texas has allowed oil major Exxon Mobil to unseat Houston exploration and production company EOG Resources as the top driller in Texas.

Exxon Mobil’s shale arm XTO Energy filed for 659 drilling permits with …

Can scientists forecast human-induced earthquakes?

Can scientists forecast human-induced earthquakes?

temblor


– Aiming to make energy production safer, scientists developed a new model for forecasting earthquakes caused by oil and gas operations in the central U.S.

“The goal of this study is really to make energy production safer,” Shirzaei says.

December 25, 2019 - 10:44 am Closing Bell Story‎, Fracing, Oil and Gas 360 Articles
Source: Houston Chronicle

Harold Hamm invites Elizabeth Warren on tour of shale heartland

Houston Chronicle


Billionaire wildcatter Harold Hamm invited Elizabeth Warren to the Oklahoma oil patch as the U.S. Democratic presidential candidate proposes a ban on fracking if elected.

In a letter dated Dec. 18, Hamm said he wanted Warren to tour …

December 20, 2019 - 9:30 am Closing Bell Story‎, Energy News, Fracing, People
Torchlight provides Orogrande Basin project operational update

Torchlight provides Orogrande Basin project operational update

Torchlight Provides Orogrande Basin Project Operational Update

December 20, 2019 - 8:00 am Exploration and Production (E&P), Fracing, Press Releases
Smart Sand, Inc. Announces Long-Term Debt Refinancing Under Combination Equipment Financing and Credit Facility

Smart Sand, Inc. Announces Long-Term Debt Refinancing Under Combination Equipment Financing and Credit Facility

Smart Sand, Inc. Announces Long-Term Debt Refinancing Under Combination Equipment Financing and Credit Facility

December 16, 2019 - 4:05 pm Finance, Fracing, Oil Sands, Oilfield Services, Press Releases
Source: Houston Chronicle

Frac sand supplier U.S. Silica raises prices on its other products

Houston Chronicle


Citing rising demand and production costs, Katy frac sand company U.S. Silica is raising the price of its non-frac sand products.

In a Tuesday morning statement, U.S. Silicia that it is raising prices for most of its products …

December 3, 2019 - 3:00 pm Closing Bell Story‎, Economy, Energy News, Fracing, Jobs, Uncategorized
Billionaire fracking brothers hammered by Permian holdings

Billionaire fracking brothers hammered by Permian holdings

Houston Chronicle


Farris and Dan Wilks hit pay dirt during the shale boom when they sold their Texas fracking company in 2011 for $3.5 billion, giving them ample resources to fund their interests in land, politics and religion.

But many …

Source: ussilica.com

U.S. Silica cuts 10% of workforce as frac sand demand wanes

Reuters


U.S. Silica Holdings Inc said on Friday it had cut about 230 jobs, or 10% of its workforce, as demand for its frac sand comes under pressure from oil and gas producers reducing drilling in the backdrop of volatile …

Source: carboceramics.com

U.S. frack sand suppliers latest casualties in shale industry slump

Source: Reuters


The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks as low oil prices and demands for higher investor returns stunt drilling activity.

Two years ago, U.S. sand companies were racing …

Source: Reuters

UK shale gas explorers’ shares fall on fracking moratorium

Source: Reuters


LONDON (Reuters) – Shares in British shale gas explorers fell on Monday morning after the government announced at the weekend that it is imposing a moratorium on fracking.

On Saturday the government said that the gas extraction technique …

Source: ussilica.com

U.S. Silica sees lower frac sand demand, shares tumble

Source: Reuters


(Reuters) – U.S. Silica Holdings shares plunged 33% after the frac sand miner said it expects demand to slow in the fourth quarter and reported a bigger-than-expected quarterly loss on Tuesday, weighed down by lower prices.

Prices for …

Range Resources sees success with all-electric frack testing

Range Resources sees success with all-electric frack testing

Pittsburgh Business Times


Range Resources Corp. is close to taking the next step into an electric hydraulic fracturing fleet, a cheaper and more environmentally friendly system that is starting to gain traction in the natural gas industry.

“We see exciting …

Photo: University Of Texas At Austin

New study blames some Permian Basin earthquakes on fracking

Source: Houston Chronicle


A new study from the University of Texas at Austin is blaming hydraulic fracturing activity on some earthquakes in the Permian Basin of West Texas.

In a study released Tuesday afternoon, scientists with the TexNet Seismic Monitoring …

October 16, 2019 - 9:01 am Closing Bell Story‎, Crude Oil News, Fracing
Source Reuters

Low-cost fracking offers boon to oil producers, headaches for suppliers

From Reuters


At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by …

September 12, 2019 - 12:46 pm Closing Bell Story‎, Fracing, Oilfield Services
Halliburton Cuts 8% of North American Jobs in Frack Slowdown

Halliburton Cuts 8% of North American Jobs in Frack Slowdown

From Bloomberg


Company executing new ‘playbook’ to deal with customer changes, shale producers are trimming spending amid investor pressure

Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8% of its North …

Pennsylvania Had Record Year for Natural Gas Production

Pennsylvania Had Record Year for Natural Gas Production

From Trib Live


Pennsylvania had a record year for natural gas production in 2018, the state Department of Environmental Protection said on Wednesday.

Unconventional well operators produced 6.1 trillion cubic feet of natural gas in 2018 — an increase of …

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado: Weld County Just Created its Own Oil & Gas Department

The Weld County oil & gas department will open August 5
Weld Commissioners say the action "solidifies their commitment of preserving oil and gas production in the county”
By Bevo Beaven, Editor, Oil & Gas 360
In the wake of

Former EQT CEO: Shale Gas Revolution an ‘Unmitigated Disaster’ for Investors

Former EQT CEO: Shale Gas Revolution an ‘Unmitigated Disaster’ for Investors

Shale industry is self-desctucting: companies need to slash drilling, abandon production growth and deliver yield – Schlotterbeck

From S&P Global

The shale gas revolution is over and Appalachia’s top producers need to radically change their behavior if they want to …

July 1, 2019 - 5:08 am Closing Bell Story‎, Energy News, Fracing