Let’s face it, the fingers are starting to fly. Interdisciplinary teams handing off capital projects at different stages of planning and completion intervals involves well-rooted trust in one another, particularly from the management team. The trade-off of engineering...
Renegade Services News
New Appalachian Gas Estimates Support Decades of Development
This week the United States Geological Survey (USGS) released a geology-based study stating that the Appalachian Basin holds an estimated 214 Tcf of undiscovered, technically recoverable reserves. This span includes the Marcellus, Point Pleasant, and Utica formations...
0.16% Methane Leak Occurrence Rate of Collaborative US Production in 2019
As the US has grown oil and gas production to record levels, interdisciplinary parties have expressed concern with the current administration's decision to reduce regulations governing methane processing on well-sites. The Environmental Partnership1, a cohort of 65...
Calling All The Shots – Angling into the Winning Combination of Capital Budgets in 2020
In a newsletter article from back in August from Rystad Energy titled “US Shale Operators Manage to Raise Targets yet Stay Thrifty”1, they take a look back at 2Q19 and look at the shift from the beginning of the years front-heavy capex spending to how production has...
Part 1 – Analytics from Aerial Imagery – A Time-based Approach to Evaluating Efficiency
It’s that time of year again. Budget season has started to wind down as we head into October. Frac crews are starting to get released as we cut from the year highs back in April of 482 active spreads to now around 395. Although around one-third of the total domestic...
Where is the intersection of technology advantages and value in the oilfield? A Golden Goose Egg Story
Clearly, technology has improved modern life throughout the cycles of the industrial revolution through what we think of technology today1. The line in the sand has seemingly blown away in the wind in terms of the crossover point of growth spending versus return on...
How Upgrading Completion Sites With Automated Frac Equipment Could Lead To A Profitable Industry Turnaround For Q4
It goes without saying that the oil and gas sector, as a whole, has underperformed financially in the last year. Since August 1st, the Oil Well Services and Equipment Industry segment is down roughly 13%1. E&P companies haven’t fared much better, and international...
ATCE 2019 – Calgary, Alberta CA #futureoffrac
Early season snow certainly didn’t put a damper on this year’s ATCE in Calgary! Whether you flew into the winter wonderland or drove, the sunshine eventually came out during three days of tech talks, exhibits, and Rocky Mountain scenery! We would like to thank...
A Week of Reflection – Long Term Sustainability as a Whole
“Whaddya Got?”(1) An iconic ice-breaker to any meeting run by the late T. Boone Pickens is a well-timed snapshot of those walking into the beginning of this chaotic week, unaware of the volatility and uncertainty in global oil and gas markets. In any case, the energy...
An Operators Perspective on Safety
Eliminating the Hazard With GunHandler - The Wireline Tool Wrangler If there has been one constant in the oilfield over the last century, it’s the backing of a strong and dedicated workforce. The labor component of oil and gas operations is equally important as is its...