Articles tagged with "oil-and-gas"
Shale’s Self-Inflicted Crisis: Wastewater Injection Is Sinking Profits - CleanTechnica
The shale industry is confronting a self-inflicted crisis driven by excessive wastewater injection practices, particularly in major basins like East Texas and the Permian. These practices have caused extreme overpressure in underground formations, significantly increasing the costs and operational challenges of drilling new wells. Historically treated as a low-cost disposal method, wastewater injection into mid-depth formations has led to unintended fracturing and migration of pressurized fluids, resulting in elevated subsurface pressures. This overpressure necessitates heavier drilling mud, slower drilling rates, additional casing and cementing, and more complex hydraulic fracturing designs, all of which inflate drilling and completion costs by hundreds of thousands of dollars per well. Beyond cost increases, the overpressure conditions are damaging well integrity due to corrosive produced water, causing frequent well failures and costly interventions. These operational difficulties are pushing many previously profitable shale sites into marginal or uneconomic territory, raising the breakeven price for production substantially. The article highlights this as a classic tragedy of the commons scenario, where
energyshale-industrywastewater-injectiondrilling-costshydraulic-fracturingsubsurface-pressureoil-and-gasAnalysts Say Trump Trade Wars Would Harm the Entire US Energy Sector, From Oil to Solar
energytrade-warstariffsrenewable-energyoil-and-gasUS-economyglobal-recessionA Perfect Storm For Energy Is Coming To The US
energyclean-powernuclear-poweroil-and-gascoalrenewable-energyenergy-transitionBước phát triển mới trong hợp tác dầu khí Việt Nam Liên bang Nga
energyoil-and-gasinternational-cooperationVietnamRussiaenergy-securitysustainable-development