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US shale gas and tight oil production: 2023 Q4

10.03.2024

Aenert news. Energy CompaniesThe development and subsequent industrial development of shale gas and tight oil production technologies, which was carried out at the beginning of this century in the USA, made significant changes to the oil and gas balance at the global level. Today, of the approximately 13 million Barrels per Day of oil produced in the United States, more than 60% is tight oil....

Suncor Energy Inc., Imperial Oil Limited, Сenovus Energy Inc. 2023Q3 Production activity results

30.12.2023

Aenert news. Energy CompaniesCanada is one of the five largest oil producing countries in the world, if we consider production of synthetic crude oil, which is a product of enrichment of oil sands. At the same time, oil sands form the basis of Canada's vast oil reserves, which exceed 160 billion barrels. This significantly increases the operating costs as compared to conventional oil...

US shale gas and tight oil production: 2023 Q3

10.12.2023

Aenert news. Energy CompaniesHydrocarbon production in the United States continues to grow strongly. In September 2023, new historical records for daily natural gas and crude oil production were achieved. For natural gas, the maximum daily production is now 125.078 Million Cubic Feet per Day, and for crude oil - 13.236 thousand barrels per Day. To understand the uniqueness of this fact, let us...

Oil stocks statistics: Germany has the largest emergency and commercial oil stocks in the EU

23.10.2023

Aenert news. Energy Market & Energy StatisticsEurostat presented data on emergency and commercial oil stocks in the European Union, the availability of which is of great importance for energy security, given the EU's dependence on crude oil and petroleum products imports in the current geopolitical instability. In general, statistics show that emergency oil stocks in the EU are at a higher level than before...

Suncor Energy Inc., Imperial Oil Limited, Genovus Energy Inc. 2023Q2 Production activity results

09.10.2023

Aenert news. Energy CompaniesData on the production of bituminous oil and the production of synthetic products from it are an important indicator of the state of the global oil market as a whole. Canada is the absolute leader in the extraction and processing of oil sands, successfully competing with other producers. It should be taken into account that the costs of developing heavy and...

EOG Resources. Devon Energy. Occidental Petroleum Corporation. 2023Q2 Production activity results

06.10.2023

Aenert news. Energy CompaniesThanks to the large-scale implementation of oil and gas production technologies in fields with low permeability, the United States has become one of the main exporters of liquefied natural gas in the world, and has also significantly reduced its own imbalance between the production and consumption of oil and petroleum products. In this regard, indicators of the...

Halliburton, Schlumberger, Baker Hughes. 2023Q2 Production activity results

26.09.2023

Aenert news. Energy CompaniesThe financial performance of oil service companies largely reflects the state of the oil market, especially if these companies are world leaders in this segment of services and provide them on all continents and in almost all oil-producing countries (today except Russia). For example, Halliburton operates in more than 70 countries. After the tough first quarters of...

Hydraulic fracturing equipment and methods. Patent Analysis

07.08.2023

Aenert news. Invention analysisPreviously, in a series of articles concerning oil and gas production from low-permeability plays we have revised such topics as hydraulic fracturing fluids (09.07.2023) hydraulic fracturing proppants (18.06.2023), shale oil and gas production (Energy, Gas & Water consumption on 29.11.2021 and Ecology & Environment on 04.02.2022), and unconventional gas production...

Hydraulic fracturing fluids. Patent Analysis

09.07.2023

Aenert news. Invention analysisIn one of our recent articles (18.06.2023) we have revised patenting trends in the field concerning hydraulic fracturing proppants, their production, structure and composition. We also addressed related subjects in our articles concerning Shale oil and gas production (Energy, Gas & Water consumption on 29.11.2021 and Ecology & Environment on 04.02.2022), and...

EOG Resources. Devon Energy. Occidental Petroleum Corporation. 2023Q1 Production activity results

23.06.2023

Aenert news. Energy CompaniesOil and gas production from low-permeability plays, like the bituminous oil production that we discussed in our last release, requires solving of complex engineering challenges and additional investments compared to conventional oil and gas production. For the United States, where large-scale commercial production of shale gas and tight oil began about two decades...