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The complete paper explores the use of multilevel derivative-free optimization for history matching, with model properties described using principal component analysis (PCA) -based parameterization techniques.

In this paper, the authors introduce a new technology installed permanently on the well completion and addressed to real-time reservoir fluid mapping through time-lapse electromagnetic tomography during production or injection.

The company's North American business will accelerate a restructuring that includes job cuts and furloughs over the next couple of months.

Most states are involved in the actual day-to-day work of enforcing environmental permitting programs based on federal rules and policies. While some states plan to defer to the EPA’s latest guidance, others indicated they will not.

The Denver-based shale producer is the first to cite the ongoing price war and COVID-19 pandemic as the triggers for its insolvency.

The company’s departure from the Independent Petroleum Association of America is in line with its climate roadmap.

Sandvik and SNC-Lavalin made similar announcements in late March and would take further action if necessary.

The potential leasing of space in the SPR comes after the DOE’s plans to buy crude oil were suspended. US oil inventory stockpiles stand at a 10-month high.

Every horizontal well must pass through the flowback phase before it becomes a true producer. A wealth of insights are generated during this period, but they only matter if an operator knows how to listen and interpret the data sets correctly.

The oil and gas industry recognized the value of UASs a few years ago, and now the industry and oil-spill-response organizations around the world are looking at ways to use UAS technology to have “eyes in the sky” to support spill responses and explore the safety, efficiency, and cost benefits.

A group of people who really care how drillers code the memos added to the daily drilling report is the data scientists—who find that the coded tags do not match the activity. A program that helps drillers code is one of three technologies featured in a JPT series on drilling measurement innovation.

The market in 2020 will be oversupplied by 3–5 million B/D and global inventory will surpass 400 million bbls over the next few months, according to ADI Analytics.