DRILLING

Radial drilling future

V2H Australia CEO Darren Rice is a frustrated man, but hopes the gas crisis will awaken Surat Basin producers to finally pick up his "game-changing" radial drilling technology, which is cheaper and more environmentally friendly than fraccing.

 Darren Rice.

Darren Rice.

V2H's technology has been developed over 20 years, yet despite success with Arrow Energy and in Texas' conventional oil fields it's not gaining much traction in the Australian market.   The technology,...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry