Asset Management
Operators struggle to understand proppant placement beyond the fracture, and that’s the information that could be the key to boosting EUR.
High-risk, high-reward projects focused on stimulation, enhanced recovery, and field-scale deployment are eligible under the DOE’s new UNLOCK initiative.
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
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At the SPE Hydraulic Fracturing Technology Conference, one of the most innovative ideas discussed was a liquid proppant designed to turn into strong spherical balls to keep a fracture open. -
Decline-curve analysis (DCA) is arguably the most commonly used method for forecasting reserves in unconventional reservoirs. This paper discusses its basic theory and application, together with the potential pitfalls of using simple empirical production-forecasting methods in complex reservoirs.
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PFC Technical Director Howard Duhon asked readers about the drivers of project complexity. Here are the results.
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A Chevron subsea manager shares his successful approach to developing capabilities in his organization.
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Many companies are seeking 20% to 50% reductions in project costs. This level of capital cost reduction requires serious rethinking of the strategy for developing and executing projects.
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The US government is working on regulations to reduce oil industry methane emissions by more than 40% over the next 10 years.
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Expectations of continued USD 100/bbl of oil were shattered by a sharp price drop last year that eventually halved the prices of benchmark crudes. Prices were still sinking at the start of the year to lows not seen since 2009 due to a global oversupply of oil.
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A sharp decline in oil prices is pushing oil and gas companies to innovate to increase efficiency and prepare to meet the world’s long-term energy needs, panelists said at the International Petroleum Technology Conference (IPTC) held in Kuala Lumpur, Malaysia, in December.
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A Cold War technology invented to stealthily guide the United States Navy’s nuclear submarine fleet is now serving a much more peaceful purpose: aiding in the search for oil and gas deposits.
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Add a new possible use for downhole casing: It can serve as broadcast antennae.
