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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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Rystad Energy and Wood Mackenzie highlight key factors shaping the balancing act in the upstream oil market.
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The objective of this study is to develop an explainable data-driven method using five different methods to create a model using a multidimensional data set with more than 700 rows of data for predicting minimum miscibility pressure.
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The authors present an open-source framework for the development and evaluation of machine-learning-assisted data-driven models of CO₂ enhanced oil recovery processes to predict oil production and CO₂ retention.
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The authors of this paper propose hybrid models, combining machine learning and a physics-based approach, for rapid production forecasting and reservoir-connectivity characterization using routine injection or production and pressure data.
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Virtual reality and related visualization technologies are helping reshape how the industry views 3D data, makes decisions, and trains personnel.
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CO₂ enhanced oil recovery (EOR) provides an attractive and commercially established technique to store CO₂ underground. EOR modeling is crucial because complex simulation is required to predict the behavior of CO₂ and its interaction with the oil and reservoir rock.
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Canadian operator expands its Deep Basin gas footprint in Alberta, adding 700 new drilling locations.
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This polymer retention study examines temperature effect on an ATBS-based polymer, using single- and two-phase retention studies and different analytical methods in the presence and absence of oil.
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Partners will go back to the drawing board to design a new well to reach the prospect’s primary objectives.
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Turnwell said it achieved a new well delivery time as it begins a massive contract to develop the UAE’s unconventional gas resources.