• Oil workers in oil field, Graves Co Consulting, Houston Texas.
    Fracking’s Secret Problem – Oil Wells aren’t Producing as Much as Forecast
    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]
  • Power plant and oil tank, petrochemical industrial plant at night and Twilight sky view, technician Industrial workers, engineer manager working in a power plant.
    Strategic Alliance between Graves & Co. Consulting and Signa Engineering
    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]
  • The Permian Basin in Western Texas.
    Update on the Permian Basin and Oil Market Outlook
    The authors think they are seeing the first signs of field exhaustion on the Midland (Eastern) side of the Permian. They cite productivity growth between 2013 and 2017 per lateral foot in the Permian as growing materially by 20% compounded per year. However, they claim that in 2018 that growth slowed to 3%. [cont'd]
  • Eggleston Project
    Low-Cost Fracking Offers Boon to Oil Producers, Headaches for Suppliers
    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.
  • Oilfield
    Hoping for Gusher, Fracker Came Up Short
    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]
  • Fracking Drill Rig, Graves & Co Consulting.
    Fracking 101
    Hydraulic Fracturing or “Fracking” has been in common use in the oil and gas industry since 1947. Basic questions about fracking are discussed, what it is, how it works; misperceptions and myths about fracking are debunked.[cont'd]