A team of researchers at the U.S. Department of Energy’s Oak Ridge National Laboratory are using a combination of neutron and x-ray scattering to make hydraulic fracturing safer and more efficient. They want to improve fracking, by blasting well surfaces, or bores, with acoustic energy, which would enhance the ability of fracking to penetrate fractures in wells and drastically reduce the amounts of water and chemicals needed. – northamericanshalemagazine.com
This is not the first time we have heard of a game changing idea, RocketFrac Services Ltd a highly-driven Canadian company focused on the development of innovative well stimulation tools. RocketFrac has designed a break-through fracing technology allowing for economically efficient and environmentally friendly oil and gas recovery without the need for water or proppant. – fracnews.com
Are the Days of large footprint frac fleets numbered? Currently fracking is the highest cost of oil recovery , higher than drilling. It makes sense that big oil is looking for cost cuts in the frac stimulation, aka completions. Time to look for another job?
Blockchain in Bakken “North Dakota” oilfield
In a bid to lower administrative costs in their field operations while also reducing payment disputes and chances for fraud,
The OOC Oil & Gas Blockchain Consortium, whose members include Chevron Corp, ConocoPhillips, Exxon Mobil Corp, Equinor and Royal Dutch Shell, among others, has awarded a contract to Data Gumbo to pilot the technology for water handling services in the Bakken shale field in North Dakota. READ MORE – www.reuters.com
How will this change things in North Dakota? By allowing companies to share information and create contracts easily and securely, saving time, money and resources.
Next Level Fracking? or A Bridge Too Far?
China has a radical idiea to extract its enormous gas reserves.
A team of nuclear weapons scientists led by Professor Zhang Yongming from the State Key Laboratory of Controlled Shock Waves at Xian Jiaotong University in Shaanxi province, released details of a new “energy rod” that has the power to plumb depths never before thought possible.
China has the world largest shale gas reserves according to the EIA, China has about 31.6 trillion cubic meters in shale gas reserves according to the 2015 figures from the US Energy Information Administration, or twice as much as the United States and Australia combined.
HT TO scmp.com