- Tight Gas & Oil
- Gas Hydrates
The EIA estimates oil production from the seven most prolific shale plays will rise to 5.6 MMbbl/d in April. This increase over March would be the smallest projected since February 2011.
Transactions for D-J acreage double reserves, cash flow and production to 1,000 boe/d, enabling the company to become cash-flow positive.
Operators are pressing pressure pumping service providers for price decreases in the Niobrara Shale while a drop in demand for well stimulation has left the regional pressure pumping fleet in oversupply with contractors looking to rotate equipment out of the Niobrara and into dry gas basins.