RIGZONE - IHS: Niobrara Resource Potential Not Yet Proven: "IHS: Niobrara Resource Potential Not Yet Proven"
All of the shale plays have a learning curve. It takes time. It takes time to evaluate which zone of the thick pay is most prospective. Does it change based on facies and lithologic variation or natural fractures. My guess is that shales are not homogeneous!
Friday, April 29, 2011
Thursday, April 28, 2011
Hess: Bakken Production to Average 40,000 BPD This Year - Bloomberg
Hess Says Bakken Production to Average 40,000 BPD This Year - Bloomberg: "Hess Says Bakken Production to Average 40,000 BPD This Year
By Paul Burkhardt and Jim Polson - Apr 27, 2011 9:47 AM MT
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Business ExchangeBuzz up!DiggPrint Email Hess Corp. (HES) expects to average 40,000 barrels a day of oil production this year from wells in North Dakota’s Bakken shale formation.
Wells located on new acreage “exceeded expectations,” Greg Hill, president of exploration and production at the New York-based company, said today on a conference call with investors.
Bakken production averaged 25,000 barrels a day in the first quarter, Chief Executive Officer John Hess said on the call. Production was equivalent to 13,000 barrels a day in the same period last year, Hess reported."
The Bakken Formation keeps on kicking it out!
By Paul Burkhardt and Jim Polson - Apr 27, 2011 9:47 AM MT
inShare0More
Business ExchangeBuzz up!DiggPrint Email Hess Corp. (HES) expects to average 40,000 barrels a day of oil production this year from wells in North Dakota’s Bakken shale formation.
Wells located on new acreage “exceeded expectations,” Greg Hill, president of exploration and production at the New York-based company, said today on a conference call with investors.
Bakken production averaged 25,000 barrels a day in the first quarter, Chief Executive Officer John Hess said on the call. Production was equivalent to 13,000 barrels a day in the same period last year, Hess reported."
The Bakken Formation keeps on kicking it out!
King crabs invade Antarctica
King crabs invade Antarctica: "King Crabs Invade Antarctica
ScienceDaily (Apr. 26, 2011) — It's like a scene out of a sci-fi movie -- thousands, possibly millions, of king crabs are marching through icy, deep-sea waters and up the Antarctic slope."
Drunken killer crabs from the depths........drunk on low temperatures, really folks you just can't make this stuff up! maybe king crab legs will become more affordable, oh yeah!
ScienceDaily (Apr. 26, 2011) — It's like a scene out of a sci-fi movie -- thousands, possibly millions, of king crabs are marching through icy, deep-sea waters and up the Antarctic slope."
Drunken killer crabs from the depths........drunk on low temperatures, really folks you just can't make this stuff up! maybe king crab legs will become more affordable, oh yeah!
Wednesday, April 27, 2011
Deepwater Drilling: Floaters Day Rates
Sub Salt Jack Field Walker Ridge
Chesapeake halts fracking ops at several PA well sites after blowout
Chesapeake halts fracking ops at several PA well sites after blowout: "Chesapeake halts fracking ops at several PA well sites after blowout
After a blowout at natural gas well in a Bradford County, PA last week, Chesapeake Energy will suspend all hydraulic fracturing (“fracking”) operations at several of the company’s sites in Pennsylvania. The blowout occurred at the Atgas 2H well during a fracking operation, leading to spilling of thousands of gallons of drilling fluid and water.
According to the Associated Press, thousands of gallons of produced water flowed back out of the well, crossing farm fields and entering a stream. Chesapeake stopped the leak by using materials such as ground up tires and plastic at plug the well.
Chesapeake is working to permanently seal the well and investigate the cause of the blowout.
The company stated that it has suspended fracking operations on seven well sites in Pennsylvania.
UPDATE: Workers were able to replace the damaged wellhead on the well Monday night, April 25. According to Chesapeake, the malfunctioning wellhead was part of the cause of last week's accident."
After a blowout at natural gas well in a Bradford County, PA last week, Chesapeake Energy will suspend all hydraulic fracturing (“fracking”) operations at several of the company’s sites in Pennsylvania. The blowout occurred at the Atgas 2H well during a fracking operation, leading to spilling of thousands of gallons of drilling fluid and water.
According to the Associated Press, thousands of gallons of produced water flowed back out of the well, crossing farm fields and entering a stream. Chesapeake stopped the leak by using materials such as ground up tires and plastic at plug the well.
Chesapeake is working to permanently seal the well and investigate the cause of the blowout.
The company stated that it has suspended fracking operations on seven well sites in Pennsylvania.
UPDATE: Workers were able to replace the damaged wellhead on the well Monday night, April 25. According to Chesapeake, the malfunctioning wellhead was part of the cause of last week's accident."
Utica Shale Well Plan
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