Production up almost 4 million barrels month over month The North Dakota Department of Mineral Resources (DMR) reported production in the state was up 3.9 million barrels in the month of March. The DMR released its preliminary March numbers last week, showing production continues to grow despite falling rig counts. According to the DMR, March oil production reached 36.91 MMBO,
Acorn Energy Inc. (ticker: ACFN) is a multi-faceted holding company with four portfolio companies focused on underwater security solutions, power generation and delivery, and fiber optic sensing solutions. US Seismic Systems, Inc. (USSI) is focused on increasing oil and gas production while decreasing costs through the use of its fiber optic equipment. Off the Starting Blocks Fiber optics is a
The Powder River Basin (PRB), an area in Wyoming traditionally exploited for its coal resources and coalbed methane gas opportunities, has more than doubled its oil output since 2009. The Energy Information Administration’s (EIA) Today in Energy segment for September 15, 2014, credits the rise in production to new drilling and completion practices, or largely the use of horizontal drilling
You don’t need to consult an engineer to know each and every shale play is different. Generating the highest possible recovery is a constant chess game run by E&Ps around the globe, and every play has something else to offer. The trend of increasing fracturing stages and proppant/sand use per stage was a popular topic in breakout sessions at EnerCom’s
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