Production
The 2026 Upstream Scale Guidelines establish a common workflow for field measurements, scale modeling, and risk assessment to support more consistent operational decisions.
The long-term outlook analysis says a potential shift toward new construction could push 2026 production 3% above 2025 levels.
Lower operating expenditures and a changing asset mix helped UKCS operators cut average production costs by 9% year over year, despite relatively flat production levels, according to the NSTA.
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Early production from Ndungu expected at 20,000 B/D.
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Project should add just over 10,000 B/D to Na Kika throughput.
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Production at Liza Unity FPSO should reach 220,000 B/D later in 2022.
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This year’s history matching and forecasting selections, made by reviewer Gopi Nalla of DeGolyer and MacNaughton, reflect the importance of accurate and innovative methodology in the approach toward development of unconventional or challenging plays, from tight oil to highly heterogeneous gas fields to coalbed methane.
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This paper presents an oil well completion integrating multilaterals, intelligent completions, permanent downhole monitoring systems, electric submersible pump (ESP) and a horizontal wellhead system.
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Contract represents MODEC’s first project for Eni Mexico.
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Reservoir's permeability prompted a lower peak production estimate at deepwater field.
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High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.
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SponsoredAs world demand for energy increases, enhancing the efficiency of oil and gas production is key. Horizontal and multistage fracturing have made a huge difference in recovery. Fracturing fluids have played a key role in these gains—reducing costs and lessening fracture damage. Now fracturing fluids can be more sustainable as well, helping with your company’s ESG goals.
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Altus brings well intervention technologies, including tractor and power mechanical application solutions.