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Sinopec discovers 140mt of shale oil at Shengli oilfield in China
02 Apr 2025 15:47 GMT
… Shengli oilfield employs automated drilling equipment that enhances extraction efficiency … horizontal well optimisation, fast drilling technology and dense cutting combined … temperature, pressure and leakage in shale oil development.
Through the advancement …
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Sinopec Discovers Record Amounts of Shale Oil in Its East China Shengli Oilfield
01 Apr 2025 10:23 GMT
… Oilfield has developed advanced automated drilling equipment that extracts efficiently, and … horizontal well optimization and fast drilling technology, and dense cutting … billion tonnes of shale oil resources. Sinopec’s 2024 shale oil production reached 705 …
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Shale-Oil Bosses Slam Trump’s Tariffs in Anonymous Survey
26 Mar 2025 17:00 GMT
(Bloomberg) -- Executives at US shale companies expect President Donald Trump’s 25% steel import tariffs to lead to lower activity in the shale patch, according to the latest energy survey from the Federal Reserve Bank of Dallas. Most Read from Bloomberg …
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Oilfield with 100 million tons of shale oil reserve certified in E.China
23 Mar 2025 18:21 GMT
… with its specification on shale oil reserve calculation, introduced in … conditions. By tapping proprietary drilling theory and technological approach, … evaluating marine shale oil, facilitating domestic shale oil exploration."
Shale oil mainly refers …
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Number of active U.S. drilling down this week
29 Mar 2025 00:23 GMT
… Friday.
These active drilling rigs included 484 oil … drilling rigs, three inland water drilling rigs, and 14 offshore drilling … were directional drilling rigs, 529 were horizontal drilling rigs and … the largest source of shale oil production growth in the …
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Petronas is evaluating exit from Argentina shale oil venture
14 Mar 2025 03:12 GMT
… evaluating a sale of its shale oil asset in Argentina, a move … Muerta fields as several international drillers also look to divest from … Corp in divesting from Argentine shale oil and monetising the assets at …
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Frac Sand Logistics Market to Grow by USD 5.19 Billion from 2025 to 2034, at a CAGR of 4.95%
08 Apr 2025 12:58 GMT
… Shale Development
The resurgence of shale oil and gas extraction, particularly in …
Rising Proppant Intensity
Modern horizontal drilling and completion techniques require more … prices may lead to reduced drilling operations, which directly affects …
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The U.S. Needs To Drill Smarter, Not Harder
18 Mar 2025 14:14 GMT
… even price for American shale oil in 2025 is about … margins, disincentivizing producers from drilling. Giants like Chevron … the efficiency of shale drilling operations – which constitutes … being made in autonomous drilling, leveraging hydraulic fracturing …
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Kolibri Global Energy Inc. Announces Its 2024 Proved Reserves Increased 24 Percent to a Net Present Value of US$535 Million With a Five Well Drilling Program Currently Underway
13 Mar 2025 11:00 GMT
… ), which we just started drilling. The drilling rig is scheduled to move … reserves are contained in a shale oil reservoir from which light… , production performance of the wells drilled, successful drilling of infill wells, the …
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Kazakhstan to produce shale oil for first time in 2025
29 Jan 2025 00:00 GMT
… “The first production of shale oil in Kazakhstan is expected … regularly exceeds its quota.
Shale oil extraction is complicated and specifically … known as fracking, or drilling into the ground to … shale rock.
Tokayev said shale oil production was needed with …