Reservoir
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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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Data and impartial viewpoints can help de-risk exploration portfolios and keep resource estimates in check.
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The Essington-1 well is the first discovery in the Otway since 2021.
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Ranger acquires American Well Services for $90.5 million, adding 39 workover rigs and boosting its fleet by 25%.
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Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
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Geophysicist Markos Sourial discusses advances in seismic imaging, the challenges of modern data processing, and what they mean for the next wave of subsurface professionals.
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A new Eni/Petronas venture is targeting 500,000 BOE/D in output from combined upstream portfolios across Malaysia and Indonesia.
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The merger creates one of the largest oil-focused independents in the US with output of 526,000 BOE/D.
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BPX Energy will retain operatorship of the assets after the sale of its interests to private investment firm Sixth Street is complete.
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This paper describes development of a high-temperature water-based reservoir drill-in fluid using a novel synthetic polymer and customized with optimal chemical concentrations and sized calcium carbonate.
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The objective of this microfluidic investigation is to identify and test two novel applications for magnetic fluids in porous media for subsurface oilfield applications.