Reservoir

BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.

Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.

The deal adds physics-based reservoir modeling and real-time decision workflows to SLB’s digital portfolio.

Weatherford CEO Girish K. Saligram said the acquisition will bolster Weatherford’s completions offerings and unconventional reservoir capabilities.

The industry clearly needs creative solutions that are affordable and operationally flexible, and the three papers selected for this Technology Focus highlight some innovative approaches that aim to unlock those extra barrels.

This case study from SLB and offshore producer PRIO describes the longest openhole section in Latin America with the highest extended-reach drilling ratio in Brazil’s history.

This paper details a new enhanced oil recovery method piloted successfully by several operators in the Bakken and recently implemented in the Midland play of the Permian Basin.

New insights from Chevron, Occidental Petroleum, and others at the SPE Improved Oil Recovery Conference highlight the different paths companies are using to squeeze more out of tight rocks.

This paper describes the use of encapsulated polymer technology to address the issues of shear degradation and injectivity integrity faced in the application of polymer flooding in an offshore development context.

Since the US arrested and removed Venezuelan President Nicolás Maduro on 3 January 2026, all eyes have turned toward the country’s vast oil reserves, the largest of any country. From 2005 to 2024, oil production in Venezuela fell by 70%, from 3.1 million B/D to just 0.9 million B/D. The race is on to bring production back, but aging infrastructure and expatriation pre…