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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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A novel approach uses the heart-shaped signal in low-frequency distributed acoustic sensing measurements to estimate the hydraulic fracture tip distance before the hydraulic fracture intersects the monitor well, offering critical insight into the characterization of hydraulic fracture propagation. -
This paper presents three examples covering both gas and oil fields at different stages of their lives that show how estimated ultimate recovery (EUR) and the corresponding range of EUR uncertainty varies over the life of each field.
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At SPE’s Permian Basin Energy Conference, operators shared behind-the-scenes details on innovations such as drilling horseshoe wells and trimulfrac completions along with in-basin challenges such as handling produced water.
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The partnership between GLJ and Energy Fuse Group aims to leverage the expertise of both companies in project management, operational design, and subsurface and commercial evaluations to facilitate effective CO2 storage solutions.
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Operator acquiring oil-weighted New Mexico assets of both Franklin Mountain Energy and Avant Natural Resources.
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The Denver-based independent is boosting its position in the Canadian shale play by 109,000 net acres, and about 70,000 BOE/D.
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The SPE IOR-EOR Terminology Review Committee has released its recommendations for the use of IOR, EOR, and newly introduced term, assisted oil recovery (AOR).
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This case study outlines a methodology to optimize and control hydraulic fracturing parameters by achieving 100% cluster efficiency and overcoming formation leak-off.
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This paper describes a project in the heavy oil Captain field in the UK sector of the North Sea in which reduced environmental impact dovetails with improved economics.
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This study explores the potential of locally produced surfactants for enhanced oil recovery in high-temperature and high-salinity reservoir environments.
