Eco-Stim Energy Solutions Inc fka ESESQ

[Getitgogone]

Argentina seeks to increase shale gas production: EIA

The last paragraph in this short article references the factors hindering efforts to quickly increase production in Argentina ... those factors would probably be most if not all of the same problems ESES faces in expanding production and revenue.

Time-consuming due diligence might give me more clarity ... but my mind wonders which of these problems of hindrance that ESES might have an innovative way around ... with their particular patented methods of fracking,fracturing,or whatever you want to call it.

Just thinkin out loud....
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- "The realization of this aim will depend on costs of domestic drilling, productivity of newly drilled wells, according to EIA Argentina seeks to increase production from key shale gas areas aimed to reduce its imports of natural gas, U.S. Energy Information Administration (EIA) announced Friday.

The administration said that despite the country's estimated 802 trillion cubic feet (Tcf) of unproved, technically recoverable shale gas resources, Argentina’s dry natural gas production declined each year from 2006 to 2014.

"The country has shifted from a net exporter of natural gas to a net importer. In 2015, natural gas production increased for the first time since 2006, as ongoing efforts to increase production from key shale gas areas in Argentina aimed to reduce its imports of natural gas," the press release read.

The administration added Argentina is the third country in the world, after the United States and Canada, to commercially develop tight oil and shale gas.

"The economic competitiveness of Argentina's indigenous shale gas resources will depend on the costs of domestic drilling and completion and the productivity of newly drilled wells," the administration argued.

The factors likely to hinder efforts to quickly increase production are its relatively high labor and imported equipment costs, shortages of specialized shale rigs, and limited proppant capacity, the Administration noted."

http://aaenergyterminal.com/newsRegion.php?newsid=10919200

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The last sentence mentions "limited proppant capacity"

Learning more as I go along ... interesting link on proppants

http://www.coast2coastceramics.com/what-is-a-proppant.php