Testing page for app
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OBR 4 will include license opportunities in the country’s exclusive economic zone.
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As we see in these papers, new tools and techniques are being developed to match the ability of engineers to meet the challenges posed by assets such as shale reservoirs and maturing fields.
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New Sarta field well brings gross field production over 10,000 B/D of oil.
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This paper presents a step-by-step work flow to facilitate history matching numerical simulation models of hydraulically fractured shale wells.
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The water-shutoff technique is used in some wells of the U reservoir in the Iro field of the Oriente Basin in Ecuador to restore production after an early water breakthrough. This paper compares the production historical data, workovers, and sand-body correlation of wells to understand reservoir behavior, shale-baffle-sealing continuity, the existence of different san…
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NASA is undertaking a drilling project on the Moon—the first on any planetary body outside the Earth. The mission’s purpose, collecting subsurface soil and ice samples to search for water beneath the lunar surface, is being compared to collecting core samples on Earth and will use technologies, such as a rotary-percussive drill, that have been adapted from those for h…
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The government of Oman has transferred its stake in one of the Middle East’s largest oil blocks to a newly established firm. By royal decree, the new, state-controlled Energy Development Oman (EDO) will hold the country’s 60% stake in Block 6. The stake was moved from Petroleum Development Oman (PDO), another government-run company.
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The Gas Exporting Countries Forum (GECF) forecasts in its annual global gas outlook that natural gas will comprise nearly a third of the global energy mix by 2050 and fuel more than half of the world’s electricity production. So, when it comes to fixing climate change, natural gas is one fossil fuel that can’t be dismissed. The 11 countries comprising the GECF control…
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One should recall that statistics predict oil will continue to be the main source of energy for the next 2 decades, with heavy oil constituting a great portion of that. That means that, while the oil industry is going through unprecedented and even unpredictable economic downturns, the status of heavy oil is still unquestionable.
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South American country looks to revitalize its offshore oil industry by offering 32 new blocks for exploration