Mature fields
Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil & Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
ExxonMobil will retain its equity stakes in ongoing Bass Strait projects even as it hands off its operatorship responsibilities to Woodside Energy.
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To have the flexibility to treat both rich and lean gas wells [up to 100% gas volume fraction (GVF)], a new multiphase pump system has been developed by comparing the different boosting systems performance and analyzing well-by-well production scenarios. -
To further reduce backpressure on low-pressure gas wells and increase reserves in a mature gas field, a gas-ejector project was evaluated and proposed.
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The complete paper presents a solution that assesses tight matrices and natural fractures at a level not previously achieved. At the tight-matrix level, advanced nuclear spectroscopy is carried out with a new pulsed-neutron device that achieves simultaneous time- and energy-domain measurements.
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The complete paper presents a large-scale work flow designed to take a vast amount of data into consideration. The work flow can be scaled for projects of any size, depending on the data available.
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This paper describes a coiled tubing gas lift (CTGL) technique successfully used to restart production from two pilot wells in a mature field in Pakistan that had been shut in since 2015.
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This case study describes how gas condensates within a subsea tieback system behave very differently to condensed water from a wet-gas system and therefore a pseudo dry-gas system needs to be configured differently for gas-condensate developments.
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Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.
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Production decline with field maturing is a natural phenomenon, but the efforts to mitigate this decline are truly remarkable. Achieving this feat requires not only a deeper understanding of the subsurface process involved but also a total synergy between the various disciplines engaged.
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The XamXung field offshore Sarawak, Malaysia, is a 47-year brownfield with thin remaining oil rims that have made field management challenging. The dynamic oil-rim movement has been a key subsurface uncertainty, particularly with the commencing of a redevelopment project.
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To predict liquid-loading tendencies and to identify opportunities for production enhancement, the performance of 150 gas wells was analyzed in two gas fields in India.
