This article is based on the results of the study «Analysis of the global market for downhole equipment for shale oil production», commissioned by Gazprom Neft. Sergei Rudnitsky, Oil and Gas Industry Consultant. Artyom Zatsepin, Analyst, Gazpromneft-Digital Solutions. Eugene Demin, Chief Specialist, Gazpromneft STC
According to the report titled, 'Shale Gas Processing Equipment Market by Component: Global Opportunity Analysis and Industry Forecast, 2019-2026,' The global shale gas processing equipment market was valued at $4.5 billion in 2018, and is projected to reach $13.5 billion by 2026, growing at a CAGR of 14.8% from 2019 to 2026.
By 2025, OPEC expects US oil production, courtesy shale, to have risen by over 40% from its current level to 17 million bpd; an upward revision of 3.1 million bpd over the group's forecast last ...
Shale gas processing equipment includes compressors and pumps, electrical machinery, heat exchangers, internal combustion engines, and measuring devices. Increasing shale and tight gas production activities, coupled with the growing use of natural gas in power generation, are expected to drive the global market for shale gas processing equipment.
The Permian Basin Shale Production 2021 conference is seeking presentations that are broadly focused on the following key topics: Making an economic assessment for shale production. Shale gas and tight oil exploration geology and geophysics. Reducing …
1 1 Introduction to Hydraulic Fracturing and Shale Gas Production Hydraulic fracturing is a key technique that has enabled the economic production of natural gas from shale deposits, or plays. The development of large-scale shale gas production is changing the U.S. energy market, generating expanded interest in the
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And in many cases, the remaining oil is simply left for future drilling with more advanced equipment. Getting crude oil from rock represents perhaps the most difficult process of extraction. Oil shale must be mined using either underground- or surface-mining methods. After excavation, the oil shale …
The One Thing That Could Spoil A Blowout Quarter For U.S. Shale. By Irina Slav - Oct 28, 2021, 6:00 PM CDT. Shale oil drillers in the United States are set to report strong financial results for ...
Shale oil extraction is an industrial process for unconventional oil production. This process converts kerogen in oil shale into shale oil by pyrolysis, hydrogenation, or thermal dissolution.The resultant shale oil is used as fuel oil or upgraded to meet refinery feedstock specifications by adding hydrogen and removing sulfur and nitrogen impurities.. Shale oil extraction is usually performed ...
1 In 2019, Sinopec achieved the breakthrough of fracturing technology for shale gas wells at depths of more than 4,000 meters, with the high-quality Dongye Deep 1 Well with a daily production …
shale gas production in the United States from 1.0 trillion cubic feet in 2006 to 4.8 trillion cubic feet, or 23 percent of total U.S. dry natural gas production, in 2010. Wet shale gas reserves increased to about 60.64 trillion cubic feet by year-end 2009, when they
Shale Oil & Gas Services and Expertise Shale oil and gas testing, inspection, metering, certification and engineering services from Intertek provide crucial industry support for a wide range of exploration, production and logistics requirements. From exploration & production to asset integrity management and quality and quantity control,
The premier forum for shale gas and tight oil production for Canada. Welcome to the Canadian Shale Production 2021 Exhibition and Conference where leading Exploration & Production companies will meet with service providers in Calgary, Alberta to explore the next generation of new technologies and techniques for use in oil and gas production across the region.
Exhibit your services at Niobrara Shale Production 2021. The Niobrara Shale Production 2021 event will be one of the largest exhibitions of its kind. A large array of leading operators and equipment manufacturers from across the unconventional oil and gas industry will gather in Denver, Colorado to exhibit their products and services to help overcome the current industry's needs.
Equipment Needs and Challenges in Shale Production. By Shane Sirmons. In May, Standard & Poor's managing director David Wood said that the United States' anticipated energy self-sufficiency by the end of this decade would directly result from the oil and gas produced from shale …
US shale supply will peak at approximately 14.5 million barrels per day (bpd) around 2030, according to Rystad Energy ... chain saws, leaf blowers, off road equipment, ... US Shale Production To ...
Increase in number of shale gas reserves, its growing production at commercial scale, and technological evolution of heat exchangers fuel the growth of the global shale gas processing equipment ...
Dragon separators are built to operate 24/7 under the most demanding production conditions. Each unit is engineered and manufactured to the highest standards to deliver severe-duty performance and help you reduce Lease Operating Expense at shale plays and oilfields across North America.
The Argentina Shale Production 2020 Exhibition & Conference is the only event of its kind to deliver leading market intelligence and industry presentations on the latest in shale gas and tight oil production opportunities for the Argentinian shale plays. ... This event is aimed at oil and gas equipment manufacturer's, well service companies ...
A recently published report on the Global Shale Gas Processing Equipment Market 2021, which features reliable and detailed information about the Shale Gas Processing Equipment along with a …
Shale Oil/Gas Training Equipment. Core Lab Instruments with the support of our Petroleum Services Business Unit has developed a line of testing equipment to evaluate the properties of the shale reservoirs. Currently, we offer testing equipment to measure the matrix permeability, the plug sample permeability, and the sample gas adsorption isotherm.
The U.S. deep freeze will wreak havoc on oil and gas production for several days if not weeks, according to industry experts, as companies deal with frozen equipment …
Venue. Clarion Hotel and Conference Centre, Calgary, Canada . This year's Canadian Shale Production 2021 conference will be held at the Clarion Hotel and Conference Centre in Calgary, Alberta. The venue is centrally located with Calgary International Airport only 10 minutes' drive from this property and the Aerospace Museum Association of Calgary and the Sunridge Mall are close by too.
Substantial volumes of shale gas associated to tight oil exploration hence contributed to the continuous increase of shale gas production, at a minimal production cost (as shale gas was produced as a "by-product" of tight oil). Meanwhile, technological improvement and efficiency have enabled to keep shale production costs decreasing from 2012.
Shale production depends on many factors such as political matters, wars, social and economic aspects, and exploration techniques. Depending on the recoverable reserve (RR), production of shale gas entails different methods and with a different method, comes different problems described and discussed in this manuscript.
After 2007, the role of shale gas expanded, while extraction from all other sources shrank. From 2007 to 2011, yearly natural gas production less shale gas production decreased 11.9 percent. In 2008, production from shale formations increased 44.2 percent, 37.9 percent in 2009, 47.0 percent in 2010, and 46.1 percent in 2011.
The forum for shale gas and tight oil production for Argentinian shale plays. Welcome to the Argentina Shale Production 2020 Exhibition and Conference where leading Exploration & Production companies will meet with service providers in Buenos Aires to explore the next generation of new technologies and techniques for use in oil and gas production across the Argentinian shale plays.
Shale oil is a high-quality crude oil that lies between layers of shale rock, impermeable mudstone, or siltstone. Oil companies produce shale oil by fracturing the rock formations that contain the layers of oil. Since 2014, U.S. shale oil has created a boom in domestic crude oil production. 1 Shale oil comprises more than a third of the ...
The Haynesville Shale is located in East Texas and North Louisiana. This paper will focus on Devon's well design and construction in the East Texas Haynesville Shale. This paper discusses an area covering six counties in East Texas. The depth of the shale varies from 10,500 ft to
The amount of economically recoverable oil shale is unknown. The various attempts to develop oil shale deposits have succeeded only when the cost of shale-oil production in a given region comes in below the price of crude oil or its other substitutes. According to a survey conducted by the RAND Corporation, the cost of producing a barrel of shale oil at a hypothetical surface retorting complex ...
According to a Trends Market research report titled Shale Gas Processing Equipment Market Global Industry Perspective, Comprehensive Analysis and Forecast by 2021 – 2030. The Research study on Shale Gas Processing Equipment Market is a crucial document for the industry players to understand competitive Shale Gas Processing Equipment Market scenario.
Thus, high demand for shale gas processing equipment is expected in the future. In 2019, Europe's natural gas output fell by 7% owing to lower production from the Groningen field in the Netherlands. Supplies from Norway also declined. In Latin America, Brazil, and Argentina have more than 600 trillion cubic feet of potential shale gas reserves.
The Premier Forum for Shale Production for the Marcellus and Utica. Welcome to the Marcellus & Utica Shale Production 2021 Exhibition and Conference where leading Exploration & Production companies will meet with service providers in Pittsburgh, Pennsylvania to explore the next generation of new technologies and techniques to enhance shale production in the region.
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