Shale Tec News
January 7, 2020
SCADA – is not enough (January 2020)
In 2016, Shale Tec LLC published an article on Linkedin titled “SCADA – Do I Need It?” The below is an update – again, focused on plunger lift applications for oil and gas wells. SCADA is an abbreviation for “Supervisory Control and Data Acquisition”. In essence, it’s the ability to view well site data and […]...
October 16, 2012
Shale Tec, LLC Announces New Website Launch
FORT WORTH, TX (PRWEB) October 16, 2012—Shale Tec, LLC announces the launch of their brand new website www.ShaleTec.com....
October 6, 2012
Welcome to Shale Tec!
Shale Tec was established in August 2012 to help gas producers optimize well performance through Consulting, Training and Remote Surveillance and Optimization of plunger lifted shale gas wells. Shale Tec takes a top level view of current operations to improve the efficiency of all wells, not just a single well. This blog will present topics...
Latest Oil & Gas News
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Iran War Boosts Russia April Oil Tax Revenue to 6 Month High
Russia's oil tax revenues jumped to a six-month high last month as the Kremlin started reaping the benefits of a crude rally driven by the war in Iran.Oil Sinks on Iran Peace Proposal
Oil and gas prices plunged as traders weighed a potential US-Iran peace agreement.Shell, INEOS Plan More Joint Tiebacks in US Gulf
'INEOS is acquiring a 21 percent working interest for an undisclosed amount, consistent with its ownership in Appomattox, Rydberg, the recent Nashville discovery and the Mattox pipeline'.ADNOC Announces $55B in New Project Awards
ADNOC stated that it is 'accelerating growth and delivery of its strategy' with AED 200 billion ($55 billion) in new project awards for 2026-2028. -
Shipowners Stay Cautious on Hormuz Despite Peace Deal Hopes
Shipping companies remain cautious about sending vessels through the Strait of Hormuz.ADB Targets $70B for Asian Power Grid Integration, Data Centers
The multilateral lender aims to mobilize $50 billion in financing to help Asia-Pacific countries build cross-border electricity grids and an additional $20 billion to support data center growth in the region.Gas Trading Boosts Equinor Profit
Equinor optimized piped gas trading in Europe and gas trading in North America to capture volatility.Macquarie Strategists Expect Another USA Crude Inventory Draw
Macquarie strategists, including Walt Chancellor, outlined that they expect another U.S. crude inventory draw 'amidst elevated exports'. -
Australia to Build Up 1B-Liter Fuel Reserve
Australia will establish a government-owned reserve of about 1 billion liters of diesel and aviation fuel.Trump Pauses Project Freedom for 'Short Period'
'Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time', U.S. President Donald Trump said.US Pauses Plan to Aid Ships through Hormuz while Seeking Deal
Trump said he would pause an effort to help stranded ships exit the Strait of Hormuz to see if the U.S. can reach an agreement with Iran to end the war.Lagarde Urges Europe to Reduce Energy Import Dependency
European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe. -
Oil Falls as Ceasefire Holds
Crude markets entered relief mode as tensions failed to escalate further.USA Says Iran Ceasefire Still in Place
The U.S. played down the prospect of a return to active war with Iran.ConocoPhillips Beats Profit Estimates for Q1
By year-on-year comparison, lower costs softened the impact of lower volumes and lower Permian gas prices.UAE Was in a Unique Position in OPEC+
The United Arab Emirates was in a unique position in OPEC+, according to James Davis, who leads FGE's Short-Term service and crude oil production forecasting.
