Shortage of Frac Crews, Equipment Drives Favorable Pricing in Argentina “Eighty percent of the shale in the world has been identified as being outside of North America,” EcoStim Energy Solutions (ticker: ESES) CEO Chris Boswell told Oil & Gas 360® in an exclusive interview at EnerCom’s 20th The Oil & Gas Conference® in Denver, “but eighty percent of the equipment
EcoStim Energy Solutions CEO, Chris Boswell, speaks with Oil & Gas 360® in an exclusive video interview at EnerCom’s The Oil & Gas Conference® 20. EcoStim is a well stimulation and completion services company that works exclusively in Argentina serving shale drillers. EcoStim has a proprietary technology that helps drillers target the “sweet spots” within each frac stage in the Vaca Muerta shale play.
Britain Condemns Argentina’s Claim of Sovereignty Argentina and Great Britain are at odds, and offshore hydrocarbon development is getting swept up in the disagreement. On Saturday, an Argentinian federal judge ordered the seizure of the equipment and bank accounts of five oil and gas companies operating in the Falkland Islands, located about 435 miles off the coast of Argentina. Argentine
Currently only four countries produce commercial amount of shale resources The shale revolution has unlocked tremendous natural resource potential in the United States and Canada, with other countries trying to take advantage of shale gas and tight oil. As recently as last year, only four countries in the world were producing commercial volumes of either shale gas or tight oil,
