The shail in the oil & gas industry is experiencing a notable shift, marked by innovations in shale technologies showcased through patents, strategic deals driving industry advancements, and a changing job market with a focus on roles like installation, maintenance, and repair. These developments illuminate the industry’s transformative path, positioning it for a dynamic future. GlobalData’s Haynesville Shale In The United States Of America (USA) report offers valuable insights into the Haynesville shale’s crude oil and natural gas industry, from production trends to pandemic impacts and mergers.
This article presents a quarterly round-up of the latest trends in the oil & gas industry regarding shale. It provides an overview of recent developments in shale-related deals, talent acquisition, and patent filings within the oil & gas industry.
Diverse applications of shale in the oil & gas industry
Oil and gas companies operating in the realm of shale exploration are adopting novel technologies and applications to drive innovation and optimize their operations. Recent patent filings offer a glimpse into the latest advancements in this arena. For instance, Halliburton Co has secured a patent for a single slip frac tool, which significantly enhances the integrity of well casing during hydraulic fracturing. They have also developed wellbore stability compositions containing nanoparticles, which minimize fluid loss into subterranean formations.
Likewise, CARBO Ceramics Inc. has obtained a patent for a micromesh proppant, specifically designed to boost well productivity during hydraulic fracturing. Exxon Mobil Corp has developed sophisticated modeling techniques to reduce grid sensitivity in fracture propagation calculations, thus improving the accuracy of geological modeling. Additionally, Southwest Petroleum has successfully patented a supramolecular star-shaped polymer with ß-CD at the core, which improves recovery ratios and enhances hydraulic fracturing in oilfields. These patents represent valuable technologies and applications that can help bolster the operational efficiency of any
Source: Offshore Technology
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