Whither Crude Oil?

News and titbits on the future of the onshore and offshore #oilandgas industry against a backdrop of high costs and depressed #oilprices
#crudeoil #energy

[Whither Crude Oil? @WhitherOil]

Operators targeting more return from their existing well footprint, thanks to refracking: https://t.co/BJagUO1TIV
#oilandgas #oilprice

[Donald J. Trump @realDonaldTrump]

OUR GREAT USA WANTS & NEEDS STIMULUS. WORK TOGETHER AND GET IT DONE. Thank you!

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

🤣 Banks are getting into the Shale biz (this was floated earlier this year..here it is) >>
Bankrupt Fracker #Sable Permian to Sell to Bank Lenders

Lenders led by #JPMorgan agree to trade their debt claims for ownership of the West Texas fracker
https://t.co/SMomYXSOgS

[International Energy Agency @IEA]

"For enhanced oil recovery to thrive in this way, a number of measures & initiatives would need to gain momentum soon"

Read more in this commentary from @IEA analysts Christophe McGlade, Glenn Sondak and Mei Han https://t.co/f4zPKQvUgp

[Male Solomon Grace @musomesaug]

@JKabuleta @OfwonoOpondo @nbstv @GloriaSebikari @BobFxOcitti @genoeric1 @nyamadon @owere_usher @ubctvuganda @Jadwong @FrankWALUSIMBI @SemweyaMusoke @Parliament_Ug @GCICUganda @PAU_Uganda @UNOC_UG @CNOOC_Limited @DailyMonitor @newvisionwire @ChimpReports @BiryomumaishoB @IbrahimKasita @masyus11 @Newzug @dyermarti1 @TullowOilplc @TotalUgandaInfo @jordanshirumat2 @GovUganda @MosesWatasa @ErnestRubondo @jkwasikye @AtimCharlotte @energyministry Below are the sub-surface studies which were undertaken to understand the oil fields & how best to produce oil from them #PAUOilVisit

🔆Field modelling
🔆Well pad optimization
🔆Development pattern review
🔆Reservoir Management Plan (RMP)
🔆Enhanced Oil Recovery (EOR) studies

[Elsevier | Engineering R&D @EngineeringRnD]

Low oil prices have caused a great deal of frustration and even panic among some in the oil and gas industry. Download our whitepaper and learn how Elsevier's R&D Solutions could help your organization:
https://t.co/Pdehlq2LX0

#O&G #oildrilling #horizontaldrilling #refracking

[Mason Hamilton🛢📊⛽️ @T_Mason_H]

OOPS we did it again...

The United States was a net-exporter of crude oil and petroleum products on a weekly basis for the second time ever in the week ending 2/22. #OOTT

[Whither Crude Oil? @WhitherOil]

Do you remember when you joined Twitter? I do! #MyTwitterAnniversary

[Propane Canada Magazine @PropaneCanMag]

It’s the new ‘hot and sexy’ in Saskatchewan’s Bakken formation and is a trend that is sweeping across the Canadian shale industry. It’s called refracking, or restimulating, the rock to accelerate the rate of production and enhance the ultimate recovery o… https://t.co/rff62iFVZ0

[Geopolitical Intelligence Services @GIS_Reports]

The heir to Saudi Arabia’s throne wants to diversify the kingdom’s oil-based economy and make it one of the 15 biggest in the world. Many wonder if the monarchy is ready for reforms that are nearly certain to upset its social and political order.

https://t.co/Bqv0Zzcm5l

🇸🇦🌍

[MzSphalerite @SphaleriteMz]

@BJSquirrel @Mschade2020 @carol_dacanay @AquaSolutionAFM @RobertVosFrere @JackHockett1 @RobertArtis10 @WestAussie71 @Vbiii241 @AntiGOPActivist @Ruetheday852 @sprzyslp @Nasty_Woman1 @MemeBurk @ThomasA95646091 @cowboyneok @MicheleDiane8 @PuddnHaid @thebigotbasher @LLaws2 @ShawnGentry0 @NallaVeda @JayRobertW @Cruellaisdevine @lowetze1 @Grimeandreason @MamaRose2017 @TravisRuger @PendulumSwngr @unovana @iamshunkwugga @penny_holliday @TaggartRehnn @SaneSophisticat @oldmanliver @cmkagenda @ScottieTakesOn @model_daughters @Aprylsmithts @TryChick @kahir165 @WertherGreene @DeepPur89031304 @Sbuttsie @Lisa05188166 @BEyedWoman @rigel2020 @robinandriver @LilithsCave @Cortini Never heard of a well being "refracked". Initial frack will monitor pressures to determine enhanced production rate. Refracking could cause collapse of borehole. It's currently theoretical/uses CO2 per Los Alamos Labs.
https://t.co/R5biWzTR6L

[Halliburton @Halliburton]

The choice between refracturing old or new wells can be difficult. Read how we screened and ranked candidates to determine new opportunities for mature field redevelopment in our #TechPaperTuesday >> https://t.co/s2GzZAWVZc

[HTownNewEnergiesBreakfast @EnergyBreakfast]

Total-led consortium enters Lebanon with two deepwater E&P contracts https://t.co/JJHDHToypD

[Carlos Jesus @caajesus]

Physical oil market sends warning to OPEC: Rout might not be over https://t.co/ZTqvg5SNsh

[OilPennyStockPicks @OilStockPicks]

Refracking Extracts 200,000-250,000 Additional Barrels In Bakken https://t.co/fKRIpnS4QF

[Fadec @Fadec92]

Highlands Natural Resources, Patent for Refracking in Vertical/Horizonal Wells, issued next week! #HNR

[With People @WithPeopleInc]

Shell trudges ahead & Petronas considers minority play in LNG Canada https://t.co/snhq3GkyGT

[OCEANSMART @OceanSmartOII]

#Shell’s First #LNG #Bunker #Ship Arrives in #Rotterdam https://t.co/sXG3wlR1i2 by @worldmaritimene

[D&L Oil Tools @DLOilTools]

Central #GOM Lease Sale 247 yields more than $274 million in high bids https://t.co/oaQMbDc28z via @PennEnergy #offshore #oilandgas

[Dan Eslicker @DanEslicker]

Stampede TLP installed in the #deepwater #GoM https://t.co/uU0akXDQqt via @Offshoremags #oilandgas

[North Dakota Petroleum Council @NDPetroleum]

This refracking technique has allowed producers to recover an additional 200,000-250,000 barrels from 140 wells in the Bakken.