offshore
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This paper describes an approach that combines rock typing and machine-learning neural-network techniques to predict the permeability of heterogeneous carbonate formations accurately.
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First oil is expected in 2029 from the development, which has a budget under $5 billion.
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A new partnership aims to leverage technology developed for geothermal wells to create a new drilling system for complex offshore wells.
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Phase 2 of the fast-track project expected to quadruple output to 60,000 BOPD by year-end.
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Implemented for the first time offshore, the technology uses artificial intelligence to operate wells autonomously.
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BMT and Ocius plan to deploy 1,000 autonomous vessels to collect data as “satellites of the sea.”
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The tieback to the Energean Power FPSO is expected to deliver first gas in the first half of 2027.
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The Louisiana-based private producer is taking on more assets previously owned by Shell as it looks to secure its deepwater future.
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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First three wells of deepwater Gulf of Mexico project expected to jointly produce 22,000 BOE/D to the nearby host facility.