heavy oil

The supermajor expects output to double to about 600,000 B/D as a result of a new agreement with one of its joint ventures in Venezuela.

Brownfield redevelopment and new exploration projects could lift Venezuelan output above 2 million B/D by next decade.

This paper details the design and implementation of a subsea multiphase pump solution deployed in the Atlanta field designed to maximize reuse of existing subsea and topside equipment.

Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…

An asset swap with PDVSA helps consolidate the supermajor’s heavy-oil operations in the country.

This paper introduces a novel steam-sensitive flow-control device designed to restrict the production of steam and low-subcool liquids while allowing higher mobility of oil-phase fluids.

This study integrates laboratory testing with reservoir simulation to evaluate the effectiveness of autonomous inflow-control valves in managing late-life steam-assisted gravity-drainage production challenges.

Steam-assisted gravity drainage (SAGD) technology continues to advance rapidly, driven by improvements in numerical simulation, inflow-control technologies, fiber-optic monitoring, and real-time production optimization.

This paper demonstrates the effectiveness of integrating dynamic gas separation with existing gas-avoidance methods within the same electrical submersible pump string to address these issues.

Oman is embarking on a renewed effort to deploy the latest hydraulic fracturing technologies and techniques, tailored to its unique reservoirs and challenges.