Completions
Industry experts at URTeC assessed more than a decade of unconventional growth while discussing where productivity gains will come from next.
Chevron and Halliburton describe how they built and deployed the fully autonomous closed-loop fracturing system that enables subsurface-driven optimization.
Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.
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As operators feel the pinch of low oil prices, so, too, do their service providers. -
Though they have been a niche ever since their introduction to the market a few years ago, e-fleets are proving to be some of the most downturn-proof assets in the shale sector.
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The cementing services market size in the US is expected to drop 50% year-on-year from 2019. The significant drop in Permian Basin activity will account for 40% of the total market size reduction.
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Faster drilling speeds have become one of the major obsessions of the shale sector in recent years. But since completions represent up to 70% of a new well’s cost, maybe this side of the business needs more attention now.
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The room for error and cost overruns just got a lot smaller with the escalating need to make operations more efficient and leaner with fewer resources and investors continuing to prioritize ESG alongside profitability.
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The complete paper presents a discussion of the use of intelligent well completion in Santos Basin Presalt Cluster wells.
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The complete paper discusses the successful execution of the first offshore multilateral well completed for multistage high-pressure proppant stimulation, according to the authors, in the Black Sea offshore Romania.
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While many shale producers are racing to cut costs by removing crews from the field, ExxonMobil and Chevron stood out as maintaining large numbers of fracturing crews.
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Machine learning can provide accurate prediction of annular pressure buildup, first-year oil production, and (in conjunction with novel casing accessories) the time and location of water breakthrough along a lateral wellbore.
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When engineers went searching for clues on how fractures move beneath the surface, they expected to uncover important learnings. They did not know they were on the path to a new invention.
