American Oil and Gas Reporter - November 2018 - 125

IndustryFocus: Companies, People and Products
Atlas's Monahans Facility
Now Delivering Frac Sand
AUSTIN, TX.-Atlas Sand Company
LLC announces it has completed its first
delivery from its Monahans, Tx., sand
mine. The facility's anticipated production
capacity is 4 million tons a year, Atlas
says, noting it expects the mine to reach
that output in December.
"With the startup of Atlas Monahans,
we have facilities making shipments of
our premium open dune sand from both
ends of the Winkler Sand Trend," says
Atlas founder and Chairman Ben M. "Bud"
Brigham. "The locations of our two acreage
positions in Winkler and Ward counties,
which allow (us) to ship product from the
northern and southern portions of the
trend, give us a unique logistical advantage,
enhancing reliability while lowering our
customers' fully delivered cost."
For information, www.atlassand.com.
r

Illusion® Spire Frac Plug Cuts Completion Times
HOUSTON-The Illusion® Spire dissolvable fracture plug from Halliburton has
a larger internal diameter and less mass
than traditional dissolvable plugs to deliver
greater efficiency, Halliburton reports.
The company says Illusion Spire uses
a water-saving element so operators can
pump faster, reducing completion times.
The product's reduced plug size drives
quicker and more consistent dissolution
time, Halliburton adds.

Permian Basin Pipelines On Track To Boost Prices
BOSTON-Drawing on its database of
pipeline projects, ESAI Energy estimates
that 2 million barrels a day of new announced pipeline capacity will be available
to Permian Basin producers by mid-2020,
narrowing the Midland discount to Houston and Cushing, Ok.

Encana Acquires Newfield To Gain Premium Acreage
CALGARY-Encana Corporation and
Newfield Exploration Company announce
a definitive agreement whereby Encana
will acquire Newfield's outstanding common stock in an all-stock transaction valued
at $5.5 billion. In addition, Encana will
assume $2.2 billion of Newfield net debt.
The companies say the transaction
will create North America's second-largest
producer of unconventional resources,
with a pro-forma third quarter 2018 production of 577,000 barrels of oil equivalent
a day, including liquids production of
300,000 bbl/d. Encana and Newfield emphasize the combined company will have
large, premium positions in three of North
America's highest-quality, oil and liquids-weighted plays: the Permian,
STACK/SCOOP, and Montney.
"I want to congratulate Newfield on
building premium positions in the coreof-the-core in each of its assets, particularly
in the world-class, oil-rich STACK/SCOOP,"
says Doug Suttles, Encana's president and
chief executive officer. "When combined
with our cube development model, expected
synergies and relentless focus on efficiency,
we are positioned to deliver highly efficient
growth and quality returns."
Lee K. Boothby, Newfield chairman,
president and CEO, says, "The combination of the two companies provides investors with the very attributes that should
be differentiated in today's energy sector:
operational scale, proven execution in

"Our goal was to develop the industry's
most advanced frac plug that delivers increased efficiency to help operators reduce
rig time and save costs," says Mark Dawson,
Halliburton's vice president of completion
tools. "Illusion Spire is the only efficient
dissolvable plug that decreases water costs
and substantially increases flowback to
help maximize operators' asset value."
For more information, visit www.halliburton.com.
r

development of large, liquids-rich onshore
resource plays, a peer-leading cost structure
and an exceptionally strong balance sheet."
r

In the next five years, potential pipeline
projects could add 5 million bbl/d to U.S.
destinations at Cushing and to Gulf Coast
port locations, significantly increasing
crude oil exports, ESAI adds. The company cautions that only some of these
projects will go forward. It says the race
to bring on pipeline capacity will be key
to determining the amount and timing of
production growth in the Permian, other
U.S. shale basins and Canadian oil sands.
For information, contact ESAI Energy
at 781-245-2036 or visit www.esai energy.com.
r

HALO RSS Helps Drillers Build Smooth Wellbores
HOUSTON-A high-performance rotary steerable system released by Scientific Drilling International at the Society
of Petroleum Engineers' Annual Technical
Conference and Exhibition delivers optimal drilling performance and wellbore
placement, the company says.
"The importance of rotary steerable
systems in unconventional shales has
become increasingly (apparent), especially as operators are drilling longer
laterals to extend their pay zone yields,"
states Scientific Drilling Chief Executive
Officer Phil Longorio. "Our new HALO
rotary steerable system helps meet operators' reliability and economic challenges while yielding more efficient,
smoother directional wellbores."
Designed to drill vertical, curve and
lateral sections in a single run, Scientific
Drilling says, the HALO system can

achieve build rates up to 15 degrees per
100 feet, and has 3-D advanced directional
control functionality for lateral placement.
The push-the-bit system can be paired
with conventional mud motors and operates at a maximum speed up to 350
rpm, the company continues. Data are
transmitted to surface from the system's
high-speed mud pulse telemetry.
Scientific Drilling says the fully assembled system consists of an integrated
steering unit and MWD survey package
with azimuthal gamma ray geosteering
and pressure-while-drilling capabilities.
For information, visit www.scientificdrilling.com/halo.
r

The cost-efficient HALO rotary steerable
system combines enhanced lateral and
proportional steering control with a single
integrated collar and high-performance
capabilities, says system provider Scientific Drilling International.

NOVEMBER 2018 125


http://www.halliburton.com http://www.halliburton.com http://www.atlassand.com http://www.esaienergy.com http://www.esaienergy.com http://www.scientificdrilling.com/halo http://www.scientificdrilling.com/halo

American Oil and Gas Reporter - November 2018

Table of Contents for the Digital Edition of American Oil and Gas Reporter - November 2018

Contents
American Oil and Gas Reporter - November 2018 - Intro
American Oil and Gas Reporter - November 2018 - 1
American Oil and Gas Reporter - November 2018 - 2
American Oil and Gas Reporter - November 2018 - Contents
American Oil and Gas Reporter - November 2018 - 4
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