Bakken presenters explain why shale play is on cusp of new era

By Luke Geiver | July 09, 2019

The Bakken shale play has gone through several phases, and now, thanks to the presenters and speakers at the 2019 Bakken Conference & Expo taking place next week in Bismarck, North Dakota, July 16th and 17th, the Bakken appears to be on the cusp of entering a new era. 

How Big Data Optimizes The Play

With big data analysis and power needs of big data server companies present across the U.S. in all industries, some firms are utilizing data generated from oilfield production along with under utilized flared gas to help clients or internal operational needs.

At the 2019 event, Brian Arnst, director of optimization for Ambyint, is explaining how artificial intelligence, machine learning and the Internet of Things will impact the Bakken. Last year, Ambyint partnered with Equinor to deploy AI capable of optimizing rod pump functions across a series of Bakken well pads.

“The Ambyint technology has improved the remote data visibility and has delivered a more accurate diagnostic of downhole conditions to our rod pump wells in the Bakken. The Autonomous speed range management tool has leveraged the power of machine learning to optimize our wells by identifying and acting on real opportunities,” said Jack Freeman, production engineer for Equinor’s Bakken Asset.

Cully Cavness, president of a Silicon Valley-backed firm that has received national attention for its innovative services, will also speak about Crusoe Energy’s unique work in the Bakken. Crusoe has developed mobile, modular data-centers that can be placed at or near well sites. The data centers can then utilize associated gas from the wells that might otherwise be flared to power the data centers.

The company currently has flare mitigation projects operating or under development in the Bakken, Powder River Basin and DJ Basin. The systems are scalable up to millions of cubic feet per day and can be deployed anywhere in the U.S. or Canada, according to the company.

Rana Basu, chief operating officer of Ondiflo, a Houston-based company, will teach the audience about the use of blockchain technology and how Ondiflo has made it work for the oilfields of Texas and now North Dakota. 

Bakken Drones Recognized Nationally

With its eye-in-the-sky capabilities, North Dakota-based SkySkopes will give an update on its work with optical sensors mounted on drones that capture methane gas leaks. SkySkopes recently gained national attention as one of the top five drone companies in the U.S. based on its success in the Bakken using drones. 

How Northern’s Non-Op Asset Portfolio Can Reveal Major Drilling, Completion And Acreage Focus Trends In The Bakken

No Bakken non-op has more data, insight and understanding of what its operating partners are doing in the Williston Basin. Nick O’Grady, CFO for the unique Williston Basin pure play non-op, will share special insight on the resurgence of Northern and the trends his team follows and has also seen come and go from capital deployment plans to completion strategies. 

What You Need To Know About Investing In The Bakken

James Choo, chief technical officer and technical committee member for the Project Production Institute, a part of Stragetic Project Solutions, is bringing a new understanding of what both buy- and sell-side investors are looking for from major Bakken players.

As investor sentiment has changed on shale production, Choo and his team of former analysts and oil company executives, have formed a new venture that helps explain what investors look for and need from shale companies circa 2019. 

New Tech Enters The Bakken

Justin Lemon and his team from CP Energy Services wanted to showcase a massive separation unit to attendees. Instead of displaying a unit similar to that of one used in other shale plays, Lemon will explain what his company’s new four-phase separator can mean for oil, water, sand and gas storage across western North Dakota.

Wes Long, a career midstream expert working for Chevron, will explain how an Eagle Ford project used to move fresh and produced water could be applied in the Bakken.

Noel Kim from Meyer Services Inc. has updates on a new hydraulic fracture manifold they call the spyder manifold, that can eliminate valve failures and inefficient frac jobs across sites in the Bakken.

To show how completion strategies have—or will—undergo great change in the Bakken and Three Forks formation, Technical Completions Advisor Pascual Aguirre from Drill2Frac is revealing new advancements in completion engineering that was found by using the mechanical specific energy of a rock formation. North American Shale magazine, the lead agenda building team for The Bakken Conference & Expo, recently wrote about Drill2Frac’s breakthrough technology.

 

To hear the presentations, or view the presentations minutes after they are delivered, click here.