US shale operators focus on completion optimization, best practices

摘要

The North American shale landscape has trans-formed over the last several years as the industry has ridden the waves of price volatility and has finally hit its first major downcycle for shale producers. Notable basins throughout the U.S. have remained resilient, such as the Permian and the Marcellus, but there have been drastic declines in other smaller basins. Operators across the industry are turning to a strategy that is heavily weighted toward optimizing completions, focusing on best practices for increasing well recoveries while still making efforts to drive down costs.