Production
Trafigura will purchase 100,000 metric tons of battery-grade lithium products under a decade-long take-or-pay contract valued at over $2 billion.
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.
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The savings result in part from the depreciation of global currencies against the US dollar, as most operating expenses in oil and gas production are realized in local currencies. Brazil leads in savings. -
Financial Fallout: For two big companies, tougher times call for tougher actions.
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Even some free-market advocates are calling for regulators to step in and try to help pull them out of what feels like a chasm by setting production limits.
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A downhole compressor solution based on advanced magnetic technologies completed its first field trials in an unconventional gas well. It resulted in a 62% increase in gas production and significant increase in liquid production compared to using a rod pump previously in the well
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The notion that the state of Texas could help oil producers by limiting production at a time when the market is glutted has a real history in Texas, but an iffy future.
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Just as the unconventional revolution has transformed our industry during the past decade, it has also dominated the world of artificial lift. In fact, it can be difficult to find an artificial lift paper these days that does not address, in some way, artificial lift systems in unconventional wells.
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Natural-gas wells suffer from liquid loading if the gas-flow rate is insufficient to carry liquids to the surface. Because of the technique’s many advantages, plunger lift has been used widely in gas wells for the removal of liquid columns and the rescue of dying gas wells from liquid loading.
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This paper presents the results of a 3-year project aimed at mass field implementation of ultrahigh-speed (UHS) electric submersible pump (ESP) systems in western Siberia.
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Production monitoring requires heightened degrees of precision and efficiency as operations are streamlined and projects are evaluated continuously. This month’s feature focuses on innovative technologies that have been implemented in environments ranging from the Gulf of Mexico to China.
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The complete paper explains the steps taken to improve surveillance of beam pumps using dynamometer-card data and machine-learning techniques and reviews lessons learned from executing the operator’s first artificial intelligence project.
