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The deal adds over 1,000 potential drilling locations and almost doubles oil production for Houston-based Magnolia.
Average output reached 13.6 million BOPD, extending a period of sustained growth that has kept the US at the forefront of global oil production.
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This paper offers an exploration into the field applications of multiphase flowmeters (MPFMs) across global contexts and the lessons learned from implementation in a smart oil field that uses several types of MPFM.
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Seismic technology continues to progress at a remarkable pace, driven by advances in artificial intelligence, imaging, interpretation, monitoring, and the expansion of seismic applications across the wider energy sector. One clear trend is the industry’s move toward high-frequency and ultrahigh-resolution seismic, which has pushed the limits of what can be resolved in…
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A final investment decision is also expected by the end of the year for the company’s first low-carbon data center project.
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Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
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The acquisition adds 2.1 Bcf/D of production and pipeline infrastructure in Texas and Louisiana.
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The new assessment also estimates 28.3 Tcf of technically recoverable gas in the Woodford and Barnett shales.
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Operators are turning to new gas-lift and nanoparticle-fluid technologies to drive up production rates.
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This paper addresses the difficulty in adjusting late-stage production in waterflooded reservoirs and proposes an integrated well-network-design mode for carbon-dioxide enhanced oil recovery and storage.
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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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The authors of this paper apply a deep-learning model for multivariate forecasting of oil production and carbon-dioxide-sequestration efficiency across a range of water-alternating-gas scenarios using field data from six legacy carbon-dioxide enhanced-oil-recovery projects.