Permian Basin
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This paper describes efforts at the Hydraulic Fracturing Test Site 2 to collect a research data set to improve understating of spatial and temporal hydraulic fracture dimensions, proppant distribution, and reservoir depletion.
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The deal is expected to add over $1 billion in annual free cash flow to Chevron’s bottom line.
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The $540 million joint acquisition is expected to close in June.
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The Denver-based company bulks up its Permian position with the purchase of three EnCap Investment portfolio companies.
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This paper presents design considerations and field-trial applications for determining practical dimensions and limits for interdependencies associated with stage length, perforation clusters, and limited-entry pressures.
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The authors of this paper define a work flow that constrains solutions that match models and field observations and obtains a more-representative model for forecasting and optimizing fracture behavior.
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The University of Texas at Austin leads new energy consortium in partnership with multiple entities from academia, national labs, and a research center for development of the Permian Energy Development Laboratory.
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The acquisition will enable Energy Transfer to send more barrels of Permian crude to oil hub at Cushing, Oklahoma.
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This case study highlights the effectiveness of unmanned aerial systems in enabling land-based operators to assess the relative seriousness of leaks efficiently by both localizing and quantifying their methane emission rates.
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EcoShield also reduces carbon footprint of well construction over traditional cement systems.