Well Intel

This year marks the 100-year anniversary of commercial field development in the Permian Basin with the successful discovery of Santa Rita No. 1 in May 1923. Then, in the early 2000’s a new...

In a previous Well Intel post, ‘Abandoned Wells – How big is the problem, and what can be done?’, we discussed possible alternative uses for end-of-life oil and gas wells. One such use is repurposing...

As Improved and Enhanced Oil Recovery methods are gaining steam in the unconventional space, TGS will be releasing an update to the TGS injection dataset to help assess general trends and the...

Earlier this month the Biden administration unveiled a $2.25 trillion infrastructure proposal. This wide- ranging bill has generated attention in the energy sector due to high-profile sections...

In “Supply Shortage in the Making”, we discussed US oil and gas production outlook in 2021 amid growing concerns of a potential domestic supply shortage. One aspect that will have a direct impact is...

As global economies gradually emerge from the Covid-19-induced contraction, the U.S. Energy Information Administration (EIA) estimates an increase in global oil demand of 6% in 2021. The supply side,...

In a widely publicized report from October 2020, the non-profit organization Carbon Tracker estimated there are over 2.6 million US onshore wells that are abandoned or orphaned and need to be plugged...

The Permian is typically known to be the powerhouse of Texas oil and gas production, and while unconventional drilling and completions have unlocked massive amounts of hydrocarbons, they’ve also...

The Heritage Field in Northeast British Columbia has emerged as one of the more successful unconventional plays in Canada. While the field was originally explored in the mid-1980s, development really...

The Williston basin, trending across North Dakota, Montana, and into Canada, has been a historically strong producer back to the early 1900s and has experienced a renewed focus due to the shale boom...

The economic impacts of the pandemic and ensuing recession in the first half of 2020 are not yet entirely clear. Capital markets are showing signs of recovery, but consumer demand will likely lag for...

As a continuation of the Well Intel series, we’re investigating the effect of temporary shut-ins on well performance. Shutting in wells is one of the more drastic approaches to take in response to...

The history of the oil industry in the US is riddled with large up and down swings. When times are good there is heavy investment in exploration, drilling, and asset development. When the industry...

With oil prices remaining highly volatile there are many forecasts and predictions circulating in the public domain. While many of these forecasts and predictions rely on uncertain assumptions about...

A certain amount of volatility is baked into the oil industry; boom and bust cycles are to be expected when investing in this sector. However, the confluence of events that have occurred in the first...