Production
This paper proposes a novel, real-time pump failure prediction method using machine learning with scaled load ratio to accurately predict pump failures using only surface pump load data.
Five agreements target more than 11 Tcf of offshore gas and include flare-reduction technology.
Disputes over tanker fees and the ongoing military operation in Lebanon represent potential fault lines for the tentative peace deal.
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Even as output hits record highs, a growing recognition of the Permian’s maturity is opening the door for new technologies to improve performance. -
Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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This work presents the development of fast predictive models and optimization methodologies to evaluate the potential of carbon-dioxide EOR and storage operations quickly in mature oil fields.
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Vår Energi and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
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The Federal Reserve Bank of Dallas’ fourth-quarter energy survey shows that oil prices and geopolitical uncertainty are curbing enthusiasm heading into the new year.
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The project in the US Gulf is expected to add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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The research facility said it plans to add multiphase-flow-testing capabilities for heavy oil and different viscosities.
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The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
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