Production
A multidimensional Wiener process approach predicts casing remaining useful life, enabling safe, cost-effective well life extension and repurposing for carbon dioxide injection, CCS, and geothermal applications.
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Unwanted water production can erode well performance and asset economics if left unmanaged. Interwell’s precision water shutoff approach, grounded in diagnostics and engineered isolation, helps operators identify water-entry points, protect hydrocarbon flow, and restore sustainable well performance in mature and complex wells.
Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
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FPSO sanctioning is at a minimum and few opportunities remain for FPSO suppliers to find new work and redeploy their vessels. Suppliers may be forced to accept day rate reductions in order to keep their vessels working. -
The industry has very limited experience in shuttering production on a large scale in unconventional reservoirs. Many questions remain on how stimulated, nanodarcy shale reservoirs may respond. George King discusses the paradigm shifts needed in the industry.
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An AI-based application enabled operators to preempt ESP failures while optimizing production.
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Researchers use novel methodology to measure the thermo-electric properties of native crude.
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As tight-oil producers move to curtail production, hard-to-answer questions are being raised about how shuttered wells will come back. The issue reveals key uncertainties about the delicate flow paths that define unconventional reservoirs.
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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.
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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.
