Production
The supermajor said the fields are not expected to contribute meaningfully to its production profile by 2030.
This case study describes how edge computing and industrial internet of things platforms were deployed to automate and optimize production operations across four distinct basins.
Output is rising fast in the South American shale play and putting Argentina on a course to soon reach 1 million B/D.
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The framework and success of future opportunities is reliant on the data used to quantify them, and this is something of which all mature fields have plenty. As they have delivered value throughout their life, the uncertainty associated with them reduces, and the new ideas discussed here come to light.
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The authors of this paper describe a three-way coupled modeling approach that integrates dynamic, geochemistry, and geomechanics models to obtain cumulative effects of all three changes to evaluate future carbon dioxide storage.
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The complete paper describes a combination of best practices and innovative techniques that help to provide rig-based and rigless opportunities by estimating potential and risk in a naturally fractured reservoir.
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This study evaluates well integrity and CO2-leakage risk in wells penetrating a CO2 storage reservoir in Malaysia.
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This paper presents results from evaluating the rate of thermal energy that can be extracted under various completion scenarios in end-of-life oil and gas wells using a transient flow simulator.
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Instead of insights, traditional economic yardsticks in mature fields can create surprises. Buyers, investors, and lenders need new yardsticks—besides those based on present value—in order to make profitable decisions in mature properties.
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Operator also moves forward with electrification of the Njord field.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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Development of these offshore fields carries a combined price tag net to Aker BP of $19 billion.
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A pair of innovative field development strategies are helping tame the wild, wild Permian Basin.