forecasting

This paper describes a development plan for an oil field discovered in a remote offshore environment in the Niger Delta that uses a probabilistic approach to estimate the STOOIP using low, mid, and high cases.

The paper provides insights on diffusion in organic matter to correct a primary source of underestimation of gas production in shale-gas models.

This paper presents a mathematical analysis of how incorrect estimates of initial reservoir pressure may affect rate-transient analysis in ultralow-permeability reservoirs.

The fast-growing software firm was founded by former oil and gas professionals who wanted to disrupt traditional reservoir economics software and redefine workflows.

If the forecast bears out, 2022 will be the seventh straight above-average hurricane season.

Recent history has taught the unconventional sector that overly optimistic production forecasts can backfire. Going forward, one solution may be to combine financial and subsurface models to better communicate expectations.

Forecasts for oil demand are looking up. Will the optimistic views prove to be on target? We have learned how the market can shift or wildly careen, both historically and in the very recent past. The outlooks, which reflect a consensus of sorts, is encouraging for producers.

IGU report highlighted pandemic-related delays that kept many international projects from coming on line in 2020.

Forecasters are predicting the sixth ‘above-average’ Atlantic storm season in a row.