Attendees from North Dakota to Colorado Gather to Discuss
the Latest Efficiency-Driven Technologies & Strategies
This March, hundreds of oil and gas professionals, over two dozen executive-level speakers and hundreds of exhibitors converged in Denver to spend two days exploring the latest efficiency-focused technologies and strategies saving producers throughout the Rockies and Northern Great Plains valuable time and money.
The event's world-class speaker lineup featured leaders from the most-active producers in the region, including Whiting Petroleum, Oasis Petroleum, Hess Corporation, Laramie Energy II LLC, WPX Energy and others. Karl Rove, former advisor to President George W. Bush, Fox News and Wall Street Journal contributor, and bestselling author delivered a special Presidential Election Luncheon address, sharing a political insider's look at how the 2016 race for the Whitehouse is shaping up.
This year, Hart Energy renamed the event from DUG Bakken & Niobrara to DUG Rockies to showcase a broader geographic focus in the conference agenda. Hart Energy also launched the all-new Technology Showcase on the exhibition floor. Top technology providers presented the latest solutions with case studies and live demonstrations.
The conference may be over, but the conversation isn't! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too.
Be sure to save the date for DUG Rockies 2017, scheduled to return to the Colorado Convention Center in Denver, March 15-17, 2017.
President and COO Hess Corp.
Chairman, President and CEO Whiting Petroleum Corp.
Vice President, Resource Development, Continental Resources Inc.
CEO Centennial Resource Development
Chairman Petrie Partners
President & COO Oasis Petroleum Inc.
Chief Technical Advisor Halliburton
Senior Vice President and Chief Operating Officer, WPX Energy, Inc.
Former Deputy Chief of Staff and Senior Advisor to President George W. Bush
Chairman & Chief Executive Officer Laramie Energy II LLC
Director of Sales and Marketing Magnum Oil Tools International, Ltd.
Vice President, U.S. Development & Geosciences Enerplus Resources (USA) Corp.
Vice President Tallgrass Energy Partners LP
Midcontinent: DUCs Charge Up Demand For Pressure Pumping Services Midcontinent operators are working down the backlog of drilled but uncompleted wells (DUCs), prompting an increase in bid inquires for well stimulation work.The Midcontinent now joins several other domestic markets featuring a rise in demand for pressure pumping services, according to Hart Energy’s Heard In The Field survey.Even with demand growing, pricing and capacity remain unchanged in the Midcontinent with 13 crews and roughly 320,000 in hydraulic horsepower (hhp) active in the market. Some of the same fleets frack wells in the Haynesville and Barnett shales as well, though both of those plays are witnessing declining activity.If oil prices climb to $57 sustained, demand for well stimulation would rise significantly in the Midcontinent, followed by increases in service company pricing.Survey participants report a blended average $38,000 per stage in the Midcontinent, largely reflecting activity in the Scoop and Stack plays. However, service providers indicate current pricing is still below cash cost and is unsustainable.Oklahoma completions fell to 1,750 in 2015 from 3,318 in 2014. The run rate for the first half of 2016 dropped further to 370, according to voluntary reporting among operators to FracFocus.The first-half 2016 numbers are likely to be revived upwards as more operators upload well data.Watch for the next Heard In The Field report on the Midcontinent well stimulation/pressure pumping market update in October.
At Least 40% Of Western Canada Oil Spill Recovered, Officials Say Authorities have recovered at least 40% of the 1,572 barrels of oil that leaked into a major western Canadian river, but the spill is still moving downstream and threatening the drinking water of riverside communities, officials said on July 24.The heavy oil and diluent leaked from Husky Energy Inc.'s Saskatchewan gathering system pipeline on July 21, flowing into the North Saskatchewan River.In a telephone conference with reporters, officials from the province of Saskatchewan said they had built five booms to contain the spill and were working with Husky and the federal government on a cleanup plan.