Production
Rystad Energy estimates up to 25 Bcf/D of natural gas output may have been temporarily halted as freezing weather swept key producing regions.
The deal targets increased investment and production from one of the country’s largest onshore developments.
The US Energy Information Administration said it expects US crude oil production to stay close to 2025 levels in 2026 before dipping in 2027.
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EIA says rising inventories in China have offset downward pressure from growing global supply.
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Two new wells add 15,000 BOE/D of peak capacity to the London-based supermajor's North Sea production profile.
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The accelerating deployment of machine learning and automation is changing the artificial lift landscape. By embedding intelligence into the control loop, operators now can move from reactive decision-making to proactive, continuous optimization.
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Updates about global exploration and production activities and developments.
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This paper presents a case study highlighting the demonstration, refinement, and implementation of a machine-learning algorithm to optimize multiple electrical-submersible-pump wells in the Permian Basin.
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This paper presents a closed-loop iterative well-by-well gas lift optimization workflow deployed to more than 1,300 operator wells in the Permian Basin.
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This paper explores the use of machine learning in predicting pump statuses, offering probabilistic assessments for each dynacard, automating real-time analysis, and facilitating early detection of pump damage.
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The experience captured in this paper illustrates the potential of deepwater riserless wireline subsea intervention capability and the fact that it can be expanded beyond hydraulic-only, simple mechanical, and plugging-and-abandonment scopes.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.
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A 2D computational fluid dynamics model is extended to a 3D submodel and validated to provide detailed information on the state of the standing valve as a function of time to assist in sucker rod pump design and operation.