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In this paper, the effect of timing and pattern of well placement on NPV is studied. Three scenarios were evaluated.

A long-time energy industry executive and chemical engineer has built a new water treatment system that he says can increase recovery rates from shale wells without using chemicals and will recycle all the water used in the process.

This paper describes a case study in which four reservoir models were coupled with a production-network model, with the objectives of maximizing recovery factors, identifying operational problems, and evaluating water-production effects.

The realization that we should not look at any individual aspect of how to estimate unconventional reserves and resources properly without considering its place in the project life cycle reflects a maturity within the industry.

As the drilling industry improves its efforts to capture drilling operation activities in real time, it has generated a significant amount of data that drilling engineers cannot process on their own.

The drive for financial performance demands a change in leadership skills at all management levels and a new perspective on change. Managers abandon a traditional control orientation for one of involvement by becoming facilitators who delegte, maintain open doors, and lead by example.

Iraq is producing oil at record levels this year but low oil prices have cast doubts on the economic feasibility of its licensing contracts, which some analysts and policy advisers say are holding back higher output.

For the past several years, automated drilling has promised to deliver major improvements in drilling performance. But the technology is facing new obstacles that might affect its progress and commercialization.

Given the cyclical nature of the industry, how might individuals and companies prepare for a potential re-emergence of the boom cycle? This article emphasizes the importance of soft skills in navigating the effects of systems and structures on human patterns of behavior.

Iran has surprised many global market experts with how rapidly it has increased crude oil production, following the January international agreement that lifted nuclear-related sanctions against the country. External companies get a look at new terms for production in Iran.