- In April 2025, ExxonMobil and Chevron announced plans to significantly expand the use of simultaneous fracturing (simul-frac) technology across their U.S. shale operations. This technique allows for multiple wells to be fractured at the same time, resulting in substantial reductions in pumping duration, water consumption, and overall resource use. Both companies anticipate that this move will deliver considerable savings in production costs while boosting operational efficiency across shale fields
- In March 2025, Argentina witnessed a surge in foreign and domestic investments in the Vaca Muerta shale formation, following favorable government policy reforms supporting energy development. Increased drilling activity, coupled with the expansion of supporting infrastructure, is attracting global energy companies eager to tap into Argentina’s shale potential. These developments are positioning Argentina as a key player in the global energy market by 2030 and are expected to fuel regional demand for advanced shale gas processing equipment
- In February 2025, a survey revealed that approximately 20% of U.S. oil and gas executives have transitioned to fully electric drilling rigs and hydraulic fracturing systems as part of a broader shift away from diesel-powered operations. The move toward electrification aims to reduce greenhouse gas emissions, lower operational noise levels, and enhance compliance with environmental regulations. This growing preference for electrified equipment is expected to accelerate demand for innovative, low-emission shale gas processing technologies
