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This work describes a heuristic approach combining mathematical modeling and associated data-driven work flows for estimating reservoir-pressure surfaces through space and time using measured data.

The authors present a novel data-driven tool for fast fracture identification in post-stack seismic data sets.

Seismic imaging provides vital tools for the exploration of potential hydrocarbon reserves and subsequent production-planning activities. The acquisition of high-resolution, regularly sampled seismic data may be hindered by physical or financial constraints.

The $600-million deal sees NGL net around 580,000 B/D in disposal capacity and 680,000 B/D in transportation capacity via 19 saltwater disposal wells and a network of produced water pipelines. Hillstone also holds an aggregate of more than 110,000 acres in the Delaware Basin.

With its $4.5-billion acquisition of ExxonMobil’s remaining portfolio on the Norwegian Continental Shelf now official, Var Energi says it hopes to realize its ambitious growth plans.

Output fell below 12 million B/D and was down more than 300,000 B/D from an all-time high in April, according to data from the US Energy Information Administration.

ConocoPhillips has pulled out of the much-hyped Louisiana Austin Chalk play after the company’s test wells yielded a gusher of water. Meanwhile, an Australian operator flying under the radar continues to pursue the adjacent-but-even-more-challenging Tuscaloosa Marine Shale.

SBM Offshore began construction on the vessel following ExxonMobil’s sanction of the Liza Phase 2 development offshore Guyana in May. It is designed to produce 220,000 BOPD after it starts up in 2022.

The projects are intended to accelerate the development and commercialization of treatment technologies to reduce waste water that is being injected into disposal wells and increase water supplies for reuse.

Panelists at the opening general session of the SPE Annual Technical Conference and Exhibition acknowledged the industry’s daunting challenge of meeting global demand while reducing its carbon footprint.

Remote and integrated operations can make production safer and more efficient. Despite this, the industry has struggled to implement these clearly effective techniques.

Laredo Petroleum named Jason Pigott to succeed Randy A. Foutch, SPE, as the company’s CEO. Pigott will continue in his role as president. Foutch will remain chairman of Laredo’s board until next year.