Trent Jacobs

3 weeks ago | jpt.spe.org | Trent Jacobs |Asia. Areas

Oil and gas executives across the southwestern US are expressing concern over new tariffs and mixed signals from Washington, DC, even as the White House calls on domestic producers to ramp up output, according to the latest Federal Reserve Bank of Dallas energy survey. Released 26 March, the quarterly survey captures business activity and sentiment across the Federal Reserve’s 11th District, which includes Texas, northern Louisiana, and southern New Mexico.

3 weeks ago | jpt.spe.org | Trent Jacobs |Asia. Areas

The US exported an average of 11.9 Bcf/D of liquefied natural gas (LNG) in 2024, maintaining its position as the world’s leading LNG exporter, according to a 27 March report issued by the US Energy Information Administration (EIA). The EIA described the export volumes as "essentially flat" compared with 2023, attributing this to factors including unplanned outages at LNG processing facilities, reduced demand from Europe, and minimal capacity expansions since 2022.

3 weeks ago | jpt.spe.org | Trent Jacobs

Shale producers have long sought to understand how fractures propagate underground, a fundamental question that shapes well spacing, completion strategies, and overall economics. A new study from Devon Energy (SPE 223547) aims to provide answers. It introduces the concept of fracture growth rate, which can “vary drastically” between formations, and examines the key geological and geomechanical factors driving those differences.

1 month ago | jpt.spe.org | Trent Jacobs

Almost all notable advancements in hydraulic fracturing technology over the past 2 decades have stemmed from the rise of the tight-oil and -gas industry. During this time, completions equipment evolved from the analog workhorses of yesteryear into increasingly sophisticated, digitized, and efficient machines that rival anything found in the oilfield technology portfolio.

1 month ago | jpt.spe.org | Trent Jacobs |Asia. Areas

Petrobras announced this week that production at its Búzios field offshore Brazil has reached a record 800,000 B/D following the startup of its sixth floating production, storage, and offloading (FPSO) unit, the Almirante Tamandaré. The field, located in the pre-salt Santos Basin about 180 km off the coast of Rio de Janeiro, is the second largest in Brazil by production volume and reserves, following the Tupi field.