On May 17, 2022, Bill Vail represented Graves & Co. Consulting at the New York Energy Capital Assembly’s annual conference in New York City. Held at the New York Stock Exchange’s […]
USA TODAY, March 31, 2022 Will gas prices ease with Biden’s release from strategic reserve? Experts say it’s not enough One million barrels of oil will be released per day […]
HOUSTON, March 14, 2022 | PRNewswire Graves & Co. Consulting, a professional independent reservoir engineering firm to the oil and gas industry, announced today that Allen C. Barron, Executive Vice President, […]
Houston, TX – June 17, 2020 – Graves & Co. Consulting (www.gravesconsulting.us) is a reservoir engineering and geological consulting firm. We are pleased to announce the creation of a strategic alliance with Signa Engineering (www.signa.net) providing unparalleled engineering and consulting capacity and expertise. [cont'd]
Tight-oil production in the US set new records in 2019, but the banner year ended with an important caveat: more than two-thirds of crude production from shale plays flowed from wells drilled in the past 2 years. The figure reflects the fast-paced life of horizontal wells while also highlighting that older assets are not contributing as originally expected. [cont'd]
At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.
Two years ago, Encana Corp. unveiled a supersize fracking operation that many said would represent the future of the U.S. drilling boom. Unfortunately, performance has fallen off significantly. [cont'd]
The wells of some producers in the Permian Basin appear to lag behind forecasts. Thousands of shale wells drilled in the last five years are pumping less oil and gas than their owners forecast to investors, raising questions about the strength and profitability of the fracking boom that turned the U.S. into an oil superpower. [cont'd]