Asset Management

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 presents a case study from a mature field redevelopment project where pulsed neutron logging was integrated with advanced reservoir modeling to improve the understanding of fluid-contact dynamics and optimize new horizontal well placement.

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